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Since joining the Trump administration, Howard Lutnick has emerged as one of the most vocal supporters of the president’s tariff policies. But his former investment bank, now led by his sons, is taking bets against them. https://t.co/5L42xgU0S8

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Trump’s Commerce Secretary Loves Tariffs. His Former Investment Bank Is Taking Bets Against Them

A subsidiary of Cantor Fitzgerald, which is run by the sons of US commerce secretary Howard Lutnick, is letting clients essentially bet that President Donald Trump’s tariffs will be struck down in...