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U.S. Commerce Secretary Howard Lutnick called globalization a "failed policy" at Davos 2026, urging an "America First" approach to boost domestic industries and reduce foreign dependence.
U.S. Commerce Secretary Howard Lutnick, speaking at the 2026 World Economic Forum in Davos, declared globalization a "failed policy" that harmed American workers by fueling offshoring and weakening domestic industries.
He urged global leaders to adopt an "America First" approach, emphasizing national sovereignty, self-reliance in critical sectors like semiconductors and batteries, and reducing dependence on foreign supply chains.
Lutnick criticized Europe’s net-zero goals as impractical without domestic manufacturing, warning such reliance risks dependency on strategic rivals like China.
He called for stronger industrial bases and alignment with allies to bolster economic and national security amid rising global tensions.
El secretario de Comercio de los Estados Unidos, Howard Lutnick, llamó a la globalización una "política fallida" en Davos 2026, instando a un enfoque de "América Primero" para impulsar las industrias domésticas y reducir la dependencia extranjera.