Year: 2025

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

Cantor Fitzgerald, a financial services company led by the sons of US commerce secretary Howard Lutnick, is creating a way for investors to bet that President Donald Trump’s signature tariffs will be struck down in court. Traders at the firm’s investment banking subsidiary, Cantor Fitzgerald & Co., say they have the capacity to buy the […]

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