POLITICO Playbook Daily Briefing
April 17, 2025: Inside the Lutnick-Trump alliance
Apr 17, 2025
Rachael Bade, Capitol bureau chief and senior Washington columnist, joins to unveil the intricate friendship between Donald Trump and Howard Lutnick. They discuss how this alliance influences tariff policy, with Trump showing unlikely loyalty to Lutnick despite chaotic rollouts. Bade dives into Lutnick's role in critical economic strategies, revealing the unique dynamics of their relationship and how it shapes Trump's administration amidst public scrutiny. Expect engaging anecdotes about their New York attitudes and revealed tensions.
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Quick takeaways
- Trump's relationship with Lutnick illustrates the blend of personal loyalty and political risk in managing controversial tariff policies.
- Despite concerns over tariff management, the administration projects confidence, revealing a stark contrast between public optimism and internal skepticism.
Deep dives
The Importance of Trade and Tariffs
Trade and tariffs are at the forefront of discussions among world leaders, particularly during meetings with the U.S. president. A significant example is the upcoming meeting between President Trump and Italian leader Georgia Maloney, where trade issues will be a major topic. The precarious nature of U.S. tariff policies has created uncertainty not only domestically but also on a global scale, impacting market volatility. There is an acknowledgment that while the administration projects confidence, many insiders express underlying concerns about the potential economic fallout from these policies.
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