During a Breitbart News policy discussion on Wednesday, Commerce Secretary Howard Lutnick described how President Donald Trump’s trade approach is focused on ending decades of foreign economic advantage over the United States, pointing to long-term trade imbalances and the consequences of foreign ownership of U.S. assets.
Speaking with Breitbart Editor-in-Chief Alex Marlow and Economics and Finance Editor John Carney, Lutnick traced the shift in America’s global financial standing over four decades.
“…1985 the United States of America, all our companies take the whole thing. We own more of the rest of the world than they own of us, about 150…
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