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Howard Lutnick: “The United States has $18 trillion of economic power coming…”

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 30:50

Instead of saying come and build and grow and build data centers here, they tax the heck out of them with fines and regulations that harm them. It's illogical. There's a reason The United States has $18 trillion of economic power coming in. You just watch. I couldn't say 5% and I couldn't say, I think 6%, if we cut interest rates is in the cards unless that $18 trillion comes to America to build. (30:50–30:55)

CLAIM

Asserts that the US is experiencing an influx of $18 trillion in economic power.

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