Howard Lutnick Rips Globalist Elites To Their Faces For Pillaging American Dream

Commerce Secretary Howard Lutnick said Tuesday during a panel discussion at the World Economic Forum (WEF) that “globalization has failed.”

Lutnick’s comments came during a panel titled “Prosperity: Sovereign but Connected?” where he was joined by Canadian Finance Minister François-Philippe Champagne, Chancellor of the Exchequer Rachel Reeves, European Institute Director Adam Tooze of Columbia University, Bank of America CEO Brian Moynihan and Wernst and Young CEO Janet Truncale. Lutnick said the Trump administration was prioritizing American workers after globalization “left American workers behind.” (RELATED: ‘Patrick Bateman Meets Sparkle Beach Ken’: Scott Bessent Delivers Sassy Retort to Gavin Newsom)

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“We are in Davos at the World Economic Forum, and the Trump administration and I are here to make a very clear point: globalization has failed the West and the United States of America,” Lutnick said. “It’s a failed policy. This is what the West stood for, which is to export abroad, far from the coast, to find the cheapest labor in the world, and the world is better for it,” Lutnick continued. “The fact is he left America behind. He left American workers behind, and what we’re here to say is that America First is a different model, a model that we encourage other countries to consider, which is that our workers come first.”

President Donald Trump nominated Lutnick, who rebuilt Cantor Fitzgerald after the financial services company suffered massive losses during the Sept. 11, 2001, attack on the World Trade Center, to serve as Commerce secretary in November 2024. Lutnick, who was heckled at one point by former Vice President Al Gore, told attendees that offshoring vital industries was a big mistake.

“We can have policies that impact our workers. Sovereignty is your borders. You have the right to have borders. You shouldn’t offshore your medicines. You shouldn’t offshore your semiconductors. You shouldn’t offshore your entire industrial base and let it dig under your feet. You shouldn’t depend on another nation for what’s fundamental to your sovereignty, and if you have to depend on someone, they better be your best ally, okay?” Lutnick said. “So it’s a different way of thinking. It’s completely different from the West.”

“I didn’t think of the West as a flagpole in the middle, but actually, it’s the flag,” Lutnick continued. “Whatever direction the wind blew, it blew. You should have solar. You should have wind. Why are you going to do solar and wind? Why would Europe agree to go to net zero emissions in 2030 when they don’t make batteries? They don’t make batteries. So if they go to 2030, they decide to submit to China, which makes the batteries.”

President Donald Trump spoke to the WEF about his efforts to acquire Greenland from Denmark, later announcing that a framework had been found to avoid tariffs on several European countries. WEF speakers also changed their tone, with the New York Times noting that there was less discussion of sustainability and social justice, while German Chancellor Freidrich Merz admitted on Thursday that the European Union had “squandered incredible growth potential” by becoming “the global champion of over-regulation.”

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