Name: Lutnick: Tariffs Must Block China From Skirting Controls
Uploaded: 2025-02-20T04:46:06.000Z
Description: The man who's expected to lead President Donald Trump's trade agenda is officially on the job.

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The man who's expected to lead President Donald Trump's trade agenda is officially on the job.

The Senate on Tuesday voted to confirm businessman Howard Lutnick as commerce secretary.

The Wall Street billionaire has vowed to curb China's access to U.S. technologies, including advance semiconductors.

At his confirmation hearing last month, he attributed the rise of Chinese AI chatbot DeepSeek to stolen American technology: "How can it be more clear than this week when DeepSeek, a Chinese AI, said they they were they were able to create things dirt cheap. How? By leveraging what they've taken from us, stolen from us or leveraged from us. It's outrageous and it needs to be addressed."

Lutnick is the CEO of Cantor Fitzgerald, a leading global financial services firm.

He's slated to implement Trump's tariffs strategy, which prioritizes American manufacturing.

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