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Howard Lutnick: “Donald Trump ripped the band aid off and the whole world…”

Featuring: Howard Lutnick, Secretary of Commerce | National

US Secretary of Commerce Howard Lutnick speaks at the World Economic Forum

Published January 20, 2026 | Video Starts at 41:30

And make no mistake about it, the critical mineral issue was with us a year ago. Everybody was sleeping through it. Donald Trump ripped the band aid off and the whole world said, oh, my God. And that is the intuition and power of Donald Trump's presidency, is that he's teaching the world what is wrong and now the world is working together with respect to critical minerals to fix it. (41:30–41:37)

CLAIM

Asserts that Donald Trump brought attention to the critical mineral issue.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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