Photo: IMAGO/Aaron Schwartz - Pool via/IMAGO/ZUMA Press Wire
Photo: IMAGO/Aaron Schwartz - Pool via/IMAGO/ZUMA Press Wire
Politics
The President’s Most Annoying Buddy
November 13, 2025 | reading time: 11 Min.
Commerce Secretary Howard Lutnick went on CNBC this fall to promote a deal so great that he deemed it “off the rails.” The government of Japan, he explained, had brought down its tariff rate by giving President Donald Trump $550 billion to spend on whatever he wants. “They are going to give America money when we ask for it to build the projects,” he said with a grin.