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Trump chooses billionaire and key transition adviser Howard Lutnick for commerce secretary

  • President-Elect Donald Trump nominated Howard Lutnick, head of Cantor Fitzgerald, for commerce secretary, as stated on Truth Social.
  • Lutnick's role includes overseeing a Cabinet agency involved in trade restrictions and economic data.
  • Trump proposed significant tariffs on imports, including 60% on Chinese goods, influencing Lutnick's nomination.
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