World Economic Forum Globalists Called Failures Directly to Their Faces by Howard Lutnick [WATCH]

Howard Lutnick delivered remarks at the World Economic Forum in Davos arguing that globalization has failed the United States and other Western nations, leaving American workers behind and weakening national sovereignty.

Speaking alongside representatives of the Trump administration, Lutnick said the purpose of attending the annual gathering was to present an alternative economic vision centered on national interests and domestic production.

Lutnick framed his comments as a direct challenge to the long-standing economic philosophy associated with the World Economic Forum, which he said prioritizes outsourcing and low-cost labor over domestic workers.

“Well, I think you should start at a much higher level. Okay, 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,” Lutnick said.

He continued by criticizing what he described as the core principles promoted by the World Economic Forum.

“It is what the WEP has stood for, which is export, offshore, far sure 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,” Lutnick said.

According to Lutnick, the alternative being advanced by President Donald Trump and his administration is an economic framework that places domestic workers and national priorities first. He said the “America First” approach is not limited to the United States and could be adopted by other countries seeking to protect their own labor forces.

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“And what we are here to say is that America First is a different model, one that we encourage other countries to consider, which is that our workers come first. We can have policies that impact our workers,” he said.

Lutnick emphasized that sovereignty extends beyond borders and includes control over critical supply chains and industrial capacity. He argued that outsourcing essential industries undermines a nation’s independence and security.

“Sovereignty is your borders. You’re entitled to have borders. You shouldn’t offshore your medicine. You shouldn’t offshore your semiconductors. You shouldn’t offshore your entire industrial base and have it be hollowed out beneath you,” Lutnick said.

He added that dependence on foreign nations for vital goods creates strategic vulnerabilities, particularly when those goods are essential to public health or national defense.

“You should not be dependent for that which is fundamental to your sovereignty on any other nation, and if you’re going to be dependent on someone, it darn well better be your best allies. Okay?” he said.

Lutnick contrasted the Trump administration’s position with what he described as the shifting priorities of the World Economic Forum, suggesting the organization follows prevailing global trends rather than advocating for stable national interests.

“And so that is a different way of thinking. It is completely different than the WEF. I viewed the WEF as not a flagpole in the middle, but in fact, they are the flag whichever way the wind blew,” Lutnick said.

He cited energy policy as an example, questioning Europe’s push toward renewable energy targets without domestic production capacity to support those goals. Lutnick specifically challenged the European Union’s commitment to achieving net zero emissions by 2030.

“So it blew you should have solar. You should have wind. Why are you going to do solar and wind? Why would Europe agree to be net zero in 2030 when they don’t make a battery, they don’t make a battery,” Lutnick said.

According to Lutnick, the lack of battery manufacturing in Europe would leave the continent dependent on foreign suppliers, particularly China.

“So if they go 2030 they are deciding to be subservient to China who makes the batteries,” he said.

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