Donald Trump's commerce secretary nominee said Wednesday that he favors "across-the-board" tariffs and a country-based approach rather than targeting products, signaling a hawkish China stance as he addressed US lawmakers on the president's punishing trade agenda.
"We can use tariffs to create reciprocity, fairness and respect," Wall Street billionaire Howard Lutnick told lawmakers at a confirmation hearing, denying such levies would cause broad inflation in the United States.
