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Howard Lutnick: “When the Trump administration walked in the door and I…”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Commerce Secretary Lutnick on AI, Anthropic and Canada Talks

Published | Video Starts at 06:44

Well, remember, the Trump administration has always said if you build here, there's no tariff. And, you know, we set out as one of our key things that When the Trump administration walked in the door and I walked in the door, we had like 1% production of semiconductors. And our goal is now 40%. 50%. And if intel can be successful, which it's clearly on the way to be, we could get to 50% domestic by the end of the term. (06:44–07:10)

CLAIM

Asserts that semiconductor production was at 1% and the goal is to increase it to 40-50%.

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