Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Ariana Baio

What if the tariff plan fails? Trump is ready to blame one man

  • If President Donald Trump's new tariffs negatively impact the US economy, Commerce Secretary Howard Lutnick is likely to be blamed by the administration.
  • Lutnick has strongly supported the tariffs, believing they will balance the U.S. budget and reduce its deficit despite concerns about potential market instability and recession.
  • He has even reportedly advocated for more aggressive tariffs, making him a convenient scapegoat if the economic consequences are severe.
  • While the White House claims all members are aligned on the tariff strategy, Lutnick's outspoken support contrasts with more cautious voices within the administration.
  • The true economic impact of the tariffs will become evident on Thursday when the stock market reacts to the "Liberation Day" announcement.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.