Former US trade chief Lighthizer resigns from Trump Media board

Reuters
03/07
Former US trade chief Lighthizer resigns from <a href="https://laohu8.com/S/DJT">Trump Media</a> board

March 6 (Reuters) - Former United States trade representative Robert Lighthizer resigned from Trump Media & Technology Group's DJT.O board of directors, effective Friday, an SEC filing showed.

During U.S. President Donald Trump's first term, Lighthizer played a crucial role as trade chief in the imposition of hefty tariffs on Chinese imports and the renegotiation of the North American Free Trade Agreement, or NAFTA, with Mexico and Canada.

His departure from the board and its committees was not due to any disagreements with the company's management or the board, the filing said.

Founded by Trump and known for its Truth Social platform aimed at conservative audiences, TMTG has struggled to scale its media business amid competition from larger social networks and uneven user growth.

TMTG has been considering spinning off Truth Social into a publicly traded company.

In a strategic pivot in December, the company agreed to merge with California-based TAE Technologies in an all-stock deal valued at over $6 billion, shifting its focus to fusion energy and forming a publicly traded company developing utility-scale power plants to meet rising electricity demand, including from AI data centers.

(Reporting by Anhata Rooprai in Bengaluru; Editing by Alan Barona)

((Anhata.Rooprai@thomsonreuters.com))

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10