Our great allies have taken advantage of our good nature, and they like steel in Japan and appliances in Korea. They've just taking advantage of us i… - Howard Lutnick

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Our great allies have taken advantage of our good nature, and they like steel in Japan and appliances in Korea. They've just taking advantage of us it's time for them to partner with us and bring that production back home. So I think we're going to work closely with our allies to increase their manufacturing productivity at home and I think your way of thinking about it, saying let's work together to do that and bring it home, I think is really important for us and really important for our workforce.

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About Howard Lutnick

Howard William Lutnick (born July 14, 1961) is an American businessman who was appointed to serve as the United States Secretary of Commerce by the Trump Administration in February, 2025. He was formerly the head of Cantor Fitzgerald, a corporation affected directly by the September 11, 2001 Terrorist Attacks in Manhattan, New York.

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Alternative Names: Howard William Lutnick Howard W. Lutnick
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Additional quotes by Howard Lutnick

My father was diagnosed with lung cancer. He kept his diagnosis secret from me because he wanted to make sure I left to start college in the fall. He dropped me off at school, and a week later, he went for his first chemotherapy treatment at a local hospital. The nurse accidentally gave him the wrong dose, and he died right then and there. It was September 12, 1979, and I was 18 years old. So we all know losing one parent is heartbreaking, but losing both is something entirely different. It's life shattering.

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So the night of September 11, I didn't really know who was alive and who wasn't alive. So we had a conference call. It was about 10 o'clock at night. And my employees called in. And I said, look, we have two choices. We can shut the firm down and go to our friends' funerals. Remember, that would be 20 funerals a day every day for 35 straight days. And I've got to tell you, I'm not really interested in going to work. All I want to do is climb under the covers and hug my family. But if we are going to go to work, we're going to do it to take care of our friends' families. So what do you want to do? You guys want to shut it down? Or do you want to work harder than you've ever worked before in your life? And that was the moment where the company survived.

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