'Globalization has failed' the United States, US Commerce Secretary Howard Lutnick argues
Yahoo Finance·2026-01-23 23:36

We are in Davos at the World Economic Forum and the Trump administration and myself, we are here to make a very clear point. Globalization has failed the West and the United States of America. It's a failed policy.It is what the W has stood for which is export offshore farshore find the cheapest labor in the world and the world is a better place for it. The fact is it has left America behind. It has left the American workers behind and what we are here to say is that America first is a different model. one ...

'Globalization has failed' the United States, US Commerce Secretary Howard Lutnick argues - Reportify