It seems that the Trump administration’s Commerce Department has welcomed another ardent advocate for ‘trade protectionism.’ Mr. Lutnick, a former financial services executive, seems to have an unusual passion for raising tariffs and protecting American industries. However, it seems he is not well aware that the ‘success’ stories of trade protectionism in the long river of history are not very numerous.
Read from: https://www.nytimes.com/2025/02/18/us/politics/howard-lutnick-confirmed-commerce.html