Business
Robert Lighthizer: Key Figure in Trump’s Trade and Economic Transition
Robert Lighthizer, a prominent figure in Donald Trump‘s first administration, is once again emerging as a crucial player in the president-elect’s transition team, particularly in the realms of trade and economic policy. Lighthizer, who served as the U.S. Trade Representative (USTR) during Trump’s first term, is known for his tough stance on trade, especially with regard to China.
Lighthizer’s former chief of staff, Jamieson Greer, is now a top contender to lead the USTR during Trump’s second term. Greer, who worked under Lighthizer from May 2017 to May 2020, played a significant role in key trade agreements, including the phase-one agreement with China and the renegotiation of the North American Free Trade Agreement (NAFTA).
Lighthizer himself is also being considered for various high-profile roles within the new administration. He is one of the candidates being eyed for the Treasury Secretary position, although his appointment could raise concerns among investors due to his strong stance on tariffs and trade policies.
During his tenure as USTR, Lighthizer was unapologetic about the import taxes imposed, arguing that the brand of free trade promoted over the past 30 years has been detrimental to America and American workers. His advocacy for universal tariff levels is expected to influence Trump’s trade agenda significantly.
The incoming Trump administration’s approach to tariffs and trade policy is still evolving, but Lighthizer’s involvement suggests a continuation of the aggressive trade policies seen in the first term. This could include using the threat of tariffs as a negotiating tactic with foreign governments, a strategy that has been both praised and criticized by various stakeholders).