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Howard Lutnick: “The objective is to bring 40% of Taiwan's entire supply…”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Watch CNBC's full interview with U.S. Secretary of Commerce Howard Lutnick

Published | Video Starts at 04:42

So if they build a million, let's say wafers, they could bring in two and a half million wafers while they're building in America. So The objective is to bring 40% of Taiwan's entire supply chain and production to domestically bring it in to America. And here's the goal during President Trump's term. This is fire right now. This is it. We're going to break ground. We're going to be building here. (04:42–04:53)

CLAIM

Asserts that the objective is to bring 40% of Taiwan's supply chain and production to the U.S.

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