Commerce Secretary Lutnick: Trump's Economic Policies 'Worth It' Even With Recession Risk

U.S. Secretary of Commerce Howard Lutnick recently lauded former President Donald Trump's economic strategies, emphasizing their critical role in bolstering the nation's financial and defense interests. In a statement widely shared on social media by "Resist the Mainstream," Lutnick asserted, > "The investments in America are for the benefit of the economic and national security of the USA... The only person who could've come up with these kind of ideas... is Donald Trump." This commendation underscores a continued alignment between the current administration's Commerce Department and Trump's "America First" economic principles.

Lutnick, a long-time financier and CEO of Cantor Fitzgerald, assumed the role of Secretary of Commerce in February 2025 following his Senate confirmation. Throughout his nomination process and tenure, he has consistently championed Trump's vision for trade and domestic industry. His public statements frequently highlight a commitment to policies aimed at strengthening American manufacturing and reducing reliance on foreign supply chains.

A key aspect of these "innovative policies" involves a re-evaluation of federal funding for critical industries, particularly semiconductors. Secretary Lutnick recently indicated that the Trump administration expects an equity stake in companies receiving CHIPS Act funds, a departure from previous grant-based approaches. Speaking on CNBC on August 19, 2025, Lutnick stated, "We should get an equity stake for our money," arguing this provides a better return for American taxpayers. This move aims to ensure the U.S. government benefits directly from investments intended to reshore chip manufacturing.

Lutnick has also been a vocal proponent of Trump's aggressive tariff policies, advocating for broad levies against various countries to rebalance trade relationships. He has publicly defended these tariffs, even acknowledging potential economic repercussions. In March 2025, Lutnick controversially remarked that these policies are "worth it, even if they lead to a recession," stressing their importance for national economic sovereignty. This stance reflects a belief that short-term challenges are acceptable for long-term strategic gains.

The Commerce Secretary's consistent praise for Trump's economic blueprint signals a firm direction for U.S. trade and industrial policy. This approach prioritizes domestic production, strategic government involvement in key sectors, and a willingness to use tariffs as a negotiating tool. The administration's focus remains on fostering a self-reliant American economy, driven by what Lutnick describes as uniquely Trumpian ideas for national and economic security.