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Trump seeks pledge that his Treasury secretary will enact tough tariffs

President-elect’s key economic appointment has kicked off a fierce lobbying effort among his loyalists
Scott Bessent and Howard Lutnick have emerged as favourites for the key economic position in the new Trump administration

Donald Trump’s advisers have sought assurances from the top candidates to be Treasury secretary that they are committed to his sweeping tariffs plans, people familiar with the discussions said.

The pressure from Trump’s circle comes as Scott Bessent, the hedge fund manager, and Howard Lutnick, the chief executive of financial firm Cantor Fitzgerald and co-chair of Trump’s transition team, are locked in a tight battle for the top economic cabinet post in the next administration.

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