What do the new Epstein files say about Howard Lutnick?

Reports say the files confirm a 2012 visit to Jeffrey Epstein’s island and business ties into 2014. These documented links sparked bipartisan resignation calls. For markets, the issue is less the past itself and more how leadership uncertainty could affect tariff timelines, exemptions, and cross‑border compliance in the near term.

Why does Howard Lutnick’s role matter for Trump tariffs?

The Commerce Secretary oversees key trade tools that shape how Trump tariffs are applied and reviewed. Leadership changes can alter enforcement intensity, exemption clarity, and processing speed. That can move delivery schedules, working capital, and pricing for Canadian firms tied to U.S. supply chains and customers.

How could a resignation change tariff risk for Canada?

An acting secretary might keep policies steady but slower. A hardline successor could tighten quotas and narrow exemptions, pressuring margins. A moderate path would stress predictability and clearer rules. Investors should plan for all three, using hedges, diversified suppliers, and contract clauses to manage short‑term volatility.

What should Canadian investors do right now?

Audit supplier documentation, confirm tariff pass‑through terms, and stage CAD and commodity hedges. Keep liquidity for potential customs delays. Focus equity exposure on firms with pricing power and flexible sourcing. Watch for official statements, Federal Register notices, and brokerage guidance that can shift paperwork and exemption windows quickly.

Law and Government

Howard Lutnick February 11: Epstein Revelations Fuel Tariff Policy Risk

ByDanny Kontos February 11, 2026February 11, 2026

Howard Lutnick is under intense scrutiny after new Epstein files confirmed a 2012 island visit and business ties into 2014. On February 11, the fallout fuels resignation calls and raises fresh risk around Trump tariffs. For Canadian investors, any change to the Commerce Secretary overseeing trade tools could shift costs, timelines, and compliance for cross‑border supply chains. We outline what’s verified, why it matters for Canada, and how to position portfolios while policy signals remain fluid today.