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Howard Lutnick: “Each trillion of Donald Trump's investment that he's…”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Full interview: Commerce Secretary Howard Lutnick on Trump's tariffs moves

Published | Video Starts at 13:28

Because remember, each trillion dollars of investment in America. So Apple is 500 billion over the next four years. Each trillion is 1% of GDP. Each trillion of Donald Trump's investment that he's bringing back with these tariffs is 1% of GDP. And when he balances the budget, the United States of America, I know lots of people say, oh, Lutnick is very energetic. (13:28–13:35)

CLAIM

Asserts that each trillion dollars of investment brought back by Trump's tariffs will add 1% to GDP.

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