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Howard Lutnick: “The president, in his first term, he's been talking about…”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Howard Lutnick: How America Can Hit 6% GDP Growth in 2026

Published | Video Starts at 13:35

And then if you could just reflect back on what went right, what would you want to redo and what was maybe, and it still is misunderstood. So The president, in his first term, he's been talking about tariffs and how the trade deficit of the United States of America is really a ripoff of America. that people who don't weigh in very deep say, well, you have a trade deficit with the supermarket. You're always buying from the supermarket, so you have a trade deficit with the supermarket. (13:35–13:49)

CLAIM

Asserts that President Trump views the U.S. trade deficit as detrimental to the country.

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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