A Few Simple Snarky Rules to Make Life Better
A Quick Bible Study Vol. 306: ‘Fear Not' Old Testament – Part 2
The War on Warring
No Sanctuary in the Sanctuary
Chromosomes Matter — and Women’s Sports Prove It
The Economy Will Decide Congress — If Republicans Actually Talk About It
The Real United States of America
These Athletes Are Getting Paid to Shame Their Own Country at the Olympics
WaPo CEO Resigns Days After Laying Off 300 Employees
Georgia's Jon Ossoff Says Trump Administration Imitates Rhetoric of 'History's Worst Regim...
U.S. Thwarts $4 Million Weapons Plot Aimed at Toppling South Sudan Government
Minnesota Mom, Daughter, and Relative Allegedly Stole $325k from SNAP
Michigan AG: Detroit Man Stole 12 Identities to Collect Over $400,000 in Public...
Does Maxine Waters Really Think Trump Will Be Bothered by Her Latest Tantrum?
Fifth Circuit Rules That Some Illegal Aliens Can Be Detained Without Bond Until...
Tipsheet

Howard Lutnick Slams Globalization at the World Economic Forum

AP Photo/Evan Vucci

Commerce Secretary Howard Lutnick blasted globalization at the World Economic Forum (WEF) in Davos on Tuesday, warning that European leaders have embraced policies that leave them vulnerable to China’s whims. Lutnick argued that “America First” is not a uniquely American concept, but a model every nation should adopt—prioritizing its own people and economic security over global entanglements.

Advertisement

We are in Davos at the World Economic Forum, and the Trump administration and myself, we are here to make a very clear point. Globalization has failed the West and the United States of America. It's a failed policy. It is what the WEF has stood for, which is export, offshore, far-shore, find the cheapest labor in the world, and the world is a better place for it. The fact is, it has left America behind it has left the American workers behind. 

And what we are here to say is, that America First is a different model, one that we encourage other countries to consider. Which is that our workers come first. We can have policies that impact our workers. Sovereignty is your borders; you're entitled to have borders. You shouldn't offshore your medicine; you shouldn't offshore your semiconductors; you shouldn't offshore your entire industrial base and have it be hollowed out beneath you. You should not be dependent, for that which is fundamental to your sovereignty, on any other nation. And if you're going to be dependent on someone, it darn well better be your best allies. Okay, and so that is a different way of thinking, it is completely different than the WEF. 

"I viewed the WEF as not a flagpole in the middle, but in fact, they are the flag, whichever way the wind blew, so it blew." he added. "You should have solar, you should have wind. Why are you going to do solar and wind? Why would Europe agree to be net zero in 2030 when they don't make a battery? They don't make a battery! So if they go 2030, they are deciding to be subservient to China who makes the batteries."

Advertisement

This comes as President Trump has refused to continue down the path of globalization, pledging to unleash America’s natural energy resources, expand its manufacturing base, and encourage investment here at home. 

At the center of this effort are broad tariffs on foreign imports, the administration’s primary tool for reshaping global trade in America’s favor. Those tariffs are now under review at the Supreme Court, and it remains to be seen whether they will survive constitutional scrutiny. Trump has warned that striking them down would be a catastrophe for the United States, though his administration has maintained that it has other statutory authorities it can invoke to impose tariffs even if the current framework is invalidated.

Editor’s Note: Thanks to President Trump and his administration’s bold leadership, we are respected on the world stage, and our enemies are being put on notice.

Help us continue to report on the administration’s peace through strength foreign policy and its successes. Join Townhall VIP and use promo code FIGHT to receive 60% off your membership.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement