Lutnick says Trump tariffs 'worth it' even if they lead to recession
Share and Follow


Commerce Secretary Howard Lutnick said Tuesday that President Trump’s tariff policies will be worth it, even if the economy ends up in a recession.

In an interview that aired Tuesday, CBS News’s Nancy Cordes asked Lutnick whether the tariffs will “be worth it if they lead to a recession, even a short-term recession.”

Lutnick responded: “These policies are the most important thing America has ever had.”

“So it is worth it?” Cordes pressed.

“It is worth it,” he said.

Lutnick quickly added: “The only reason there could possibly be a recession is because of the Biden nonsense that we had to live with.”

Lutnick has been a fierce defender of Trump’s approach to tariffs and said over the weekend that Americans should “absolutely not” be concerned about a possible recession.

In the latest interview, Lutnick doubled down on his support for the president’s tariff policies and insisted they are not chaotic.

“These policies produce revenues,” Lutnick said.

“So you’re saying when it looks chaotic and unpredictable from the outside that there actually is a master plan when it comes to these tariffs?” Cordes asked.

“It is not chaotic,” Lutnick said. “And the only one who thinks it’s chaotic is someone who’s being silly.”

On Tuesday, Trump threatened to double tariffs on Canadian steel and aluminum imports in response to Ontario Premier Doug Ford’s plan to issue a retaliatory surcharge on electricity to a trio of states. Ford backed off, and Trump reversed course hours later, promising talks in Washington on Thursday about a renewal of the U.S.-Mexico-Canada Agreement (USMCA) before reciprocal tariffs go into effect early next month. 

Lutnick defended Trump’s approach in the interview.

“He needed to break some guy in Ontario who said he was going to tax American energy 25 percent. The President of the United States, in the White House, says, ‘Oh no, you won’t,’ and breaks him. And you think that’s chaotic?” Lutnick said.

Share and Follow
You May Also Like

Marjorie Taylor Greene Dismisses 2028 Presidential Run Speculations: Truth Behind the Rumors

In a recent statement, Representative Marjorie Taylor Greene has firmly denied any…

Kimberly Guilfoyle Reveals Personal Aspirations to Greek President Following Extravagant Celebration

Kimberly Guilfoyle made a memorable entrance during her inaugural meeting with Greece’s…

Rosen Alleges Moreno of Unauthorized Surveillance on Employee Vehicles

During what was intended to be a routine Senate Commerce Committee hearing…

Kari Lake Halts U.S. Taxpayer Funding for Hungarian Radio, Citing Globalist Concerns

The United States Agency for Global Media (USAGM) has officially informed Congress…

Heritage Leader Issues Apology Over Controversial Carlson Defense in Leaked Staff Meeting

Kevin Roberts, President of the Heritage Foundation, recently found himself in the…

Rubio and Hegseth’s Boat Strike Briefing Fails to Alleviate Democratic Concerns: Key Details Unveiled

In a recent briefing, U.S. military actions targeting suspected drug-trafficking vessels in…

Harvard Medical School Explosion Plot: Duo Charged in Alleged Conspiracy

Two individuals have been charged following an explosion at Harvard Medical School’s…

October Job Surge: ADP Reports 42,000 New Private Sector Positions

Payroll management firm Always Designing for People (ADP) has revealed in its…