US Commerce Secretary Howard Lutnick was seemingly on TV daily in the lead-up to Liberation Day and just afterwards. He delivered a belligerent message and promised that the 'reciprocal tariffs' wouldn't be walked back (they were).
Lutnick is a grating personality and has been loose with his words and his criticism of trading partners, causing frequent ripples in markets in his short term so far.
Evidently, that landed him in the penalty box, as he hasn't been on TV since the day Trump called off reciprocal tariffs, something he's tried to take credit for.
Markets have calmed since then but Lutnick now appears to be out of the penalty box as he is scheduled on CNBC for the 2 pm ET hour on Tuesday.
I don't see a big risk around it but I fear that it means Trump believes the worst is over for equity markets and tariffs.
This article was written by Adam Button at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Lutnick will be let out of the penalty box tomorrow )
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