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Howard Lutnick: “He has felt that the industrial policy of the United States…”

Featuring: Howard Lutnick, Secretary of Commerce | National

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

Published | Video Starts at 40:34

And I said, I will leave that to my national security people. But the President is clear minded and clear of thought. He feels, and he's talked about this for 30 years, He has felt that the industrial policy of the United States allowed it to be hollowed out. And that would be true of Britain and that would be true of Europe, that all of this has moved to Asia. Right, where they make everything and we just buy it. (40:34–40:41)

CLAIM

Asserts that the U.S. industrial policy has led to economic hollowing out.

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