President-elect Donald Trump has appointed attorney Jamieson Greer as the U.S. Trade Representative, emphasizing his role in implementing tariffs and replacing NAFTA with USMCA during Trump's first term. Greer, who previously served as chief of staff to USTR Robert Lighthizer, aims to reduce the trade deficit and expand export markets if confirmed by the Senate. Trump has also selected Howard Lutnick as commerce secretary, who will oversee the Office of the U.S. Trade Representative.
As President-elect Trump prepares to take office, Congressional Republicans face challenges in negotiating tax legislation amid competing priorities and a looming federal budget deficit. Key provisions from the 2017 Tax Cuts and Jobs Act are set to expire after 2025, necessitating urgent action. However, experts caution that the complexities of budget reconciliation could delay any tax reforms beyond the initial 100 days of the new administration.
JHL is positioned for growth in the premium and luxury hotel segment, operating under the Hyatt brand in key Indian cities. With robust inventory expansion plans and a strong balance sheet, the company is set to benefit from the ongoing industry upcycle and sustain healthy cash flow generation.
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