Trade rep Lighthizer warns Wall Street to be prepared

Former US Trade Representative Robert Lighthizer is reportedly telling Wall Street investors that if Donald Trump is reelected, he could quickly implement his proposed tariffs. Lighthizer has been meeting with investor groups and discussing potential tariffs on Chinese imports and across the board. Trump’s campaign did not deny these meetings but stressed that official policy should come from the President. Lighthizer’s influence with Trump highlights the importance of tariffs in Trump’s economic vision. Economists warn that these tariffs could raise prices and hurt employment. Trump views tariffs as a way to boost domestic manufacturing and generate revenue, but experts caution against relying solely on tariffs to fund government programs.