Trump’s Treasury Pick Could Give an Indication of What He Plans to Do About Tariffs

The Treasury Secretary is responsible for overseeing the country's financial system, including its trade policy

President-elect Donald Trump has not yet announced who he will nominate for Treasury Secretary, but several potential candidates have been mentioned, including former Goldman Sachs executive Steven Mnuchin and former Mitt Romney campaign manager Spencer Zwick. Both Mnuchin and Zwick are seen as potential supporters of free trade, which could be a sign that Trump may be willing to reconsider his campaign pledge to impose tariffs on imports from China and other countries.

However, it is also possible that Trump could nominate someone with more protectionist views, such as Peter Navarro, a professor at the University of California, Irvine, who has been a vocal critic of free trade.

Navarro has argued that tariffs are necessary to protect American jobs and industries from unfair competition from foreign countries. He has also said that he believes that the United States should be more aggressive in using trade policy to promote its own economic interests.

The Treasury Secretary’s views on trade will have a significant impact on the direction of U.S. trade policy

The Treasury Secretary is responsible for overseeing the country's financial system, including its trade policy. The Treasury Secretary also represents the United States in international trade negotiations. As a result, the Treasury Secretary's views on trade will have a significant impact on the direction of U.S. trade policy.

Trump’s choice for Treasury Secretary will be closely watched by both supporters and opponents of free trade

Trump's choice for Treasury Secretary will be closely watched by both supporters and opponents of free trade. If Trump nominates someone with free-trade views, it will be seen as a sign that he is willing to reconsider his campaign pledge to impose tariffs. However, if Trump nominates someone with more protectionist views, it will be seen as a sign that he is serious about implementing his trade agenda.

Conclusion

The Treasury Secretary is a key player in shaping U.S. trade policy. Trump's choice for Treasury Secretary will give an indication of what he plans to do about tariffs. If Trump nominates someone with free-trade views, it will be seen as a sign that he is willing to reconsider his campaign pledge to impose tariffs. However, if Trump nominates someone with more protectionist views, it will be seen as a sign that he is serious about implementing his trade agenda.