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Howard Lutnick: “We are the greatest economy in the world.”

Featuring: Howard Lutnick, Secretary of Commerce | National

Howard Lutnick on Living Next Door to Epstein, Surviving 9/11 & Late-Night Calls with Trump

Published October 1, 2025 | Video Starts at 22:58

And they talk to each other. Right. And so Donald Trump comes out and he. And he starts with, you know, very strong position. Right. We are the greatest economy in the world. We have the greatest consumers in the world. And we all know the customer is always right. Right. Because we are the buyer. And you run a $235 billion a year surplus with us. (22:58–23:01)

CLAIM

Asserts that the United States is the greatest economy globally.

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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Howard Lutnick

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“You run a $235 billion a year surplus with us.”
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“He was on the cover of Time magazine 58 times.”
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“There were 20 funerals a day. Every day for 35 straight days for your people, from just my people.”
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“I assume [what happened in that massage room] was on video. This guy was the greatest blackmailer ever. Blackmailed people. That's how he…”
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“She [Hillary Clinton] helped get bills passed that helped New York.”
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“I assume way back when, they traded those videos in exchange for him getting that 18 month sentence which allowed him to have visits and be…”
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“How could he get 18 months and be able to go to his office during the day and have visitors and stuff? Must have been a trade.”
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“Hillary Clinton was very supportive of us after 9 11.”
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“The election was stolen from [Donald Trump], as we all know, 2020.”
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“I raised him a lot of money, probably $100 million.”
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“We designed his tariff policy together.”
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“By April, full on tariff policy is gone.”
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“I recruited eight people for each job.”
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“I went out and found the top 150 Republicans across the country and had them help recruit for me.”
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“He had eight candidates for each job.”
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“We'll go with Matt Gates, because we don't know what that report says.”
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“The President had lots of reports written about him dirty.”
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“This is the best cabinet that anybody, any president has ever had.”
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“He wanted people who are smart, thoughtful.”
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“The most important thing for me is the trade agenda.”
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“The Commerce Department has the most tools. Right? It has bis. Right? Bis, the Bureau of Industry and Security. Right. Right. Export…”
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“These are durable, defensible. It's why Europe did the deal. It's why Japan did the deal. It's why Korea did.”
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“That's why I am the Commerce Secretary, because there's incredible power of the tariff agenda in this building.”
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“The President's going to win the case in ipa.”
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“The backbone of our tariff agenda is also these, what we'll call sectoral tariffs, you know, autos.”
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“15% was the maximizing number where you do the most trade with Europe.”
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“That $235 billion trade surplus, that they're selling more to us.”
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“25% would have forced their auto industry all to move to America.”
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“Donald Trump does every trade deal himself.”
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“Donald Trump is a great negotiator.”
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“Donald Trump is always there [at New York charity events].”
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“My firm had the 101st to the 105th floors [of One World Trade Center].”
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“I cried every day until October 21st, 2004.”
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“I had 960 in New York. So 658. So I had 302.”
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“We committed that we would give 25% of our payroll.”
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“Only one out of four turned it down. Three out of four said, okay.”
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“My father was diagnosed with lung cancer, and he does not smoke.”
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“My brother went to a boarding school next to Haverford College.”
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“I had non Hodgkin's lymphoma.”
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“You get the all clear in about seven months.”
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