ESG & Investing

Lutnick Is Exploring ‘Trade Tools’ to Target ESG Rules in EU

Howard Lutnick during his confirmation hearing in Washington, on Jan. 29.Photographer: Al Drago/Bloomberg

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By Frances Schwartzkopff

February 11, 2025 at 7:00 PM UTC

Updated on

February 12, 2025 at 11:26 AM UTC

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The US may use “trade tools” to retaliate against European ESG regulations that affect American companies, said Howard Lutnick, US President Donald Trump’s pick to become commerce secretary.