EDITORIAL: Secretary Howard Lutnick’s deals are delivering a more prosperous and secure America
President Donald Trump has a cabinet full of impressive leaders who are delivering for the American people. But even in a cabinet of stars, Commerce Secretary Howard Lutnick has stood out for his dealmaking, his ability to deliver a message, and his work to fulfill President Trump’s promise to reshore American jobs. Sources tell the Washington Reporter that Lutnick’s willingness to think outside the box in delivering deals has won the praise of Republicans on the Hill — including Lutnick’s former skeptics.
Lutnick’s record is remarkable and is worth examining: Lutnick’s renegotiation of CHIPS Act contracts, slashing subsidies to a mere 4 percent of project value, has unlocked massive private investment — for example, TSMC’s $100 billion commitment to U.S. semiconductor production.
Lutnick also found a way to leverage tariff negotiations into better deals for Americans while protecting taxpayer dollars. The result? Factories are receiving record investment nationwide, promising millions of high-wage jobs. And since President Trump came into office, wage growth has exceeded inflation — a welcome change from President Joe Biden’s tenure.
Republican sources tell us that a major area of focus is going to be reshoring manufacturing jobs that have been lost to China and other countries overseas, especially in critical sectors like automotive, healthcare, and energy.
We all remember the major disadvantage that America faced at the start of COVID when we realized that not only did China control essentially all the production of protective equipment like masks and gloves, but countless drugs and antibiotics were made in China and nowhere else.
If Secretary Lutnick can use his dealmaking skills and ingenuity to help fix this problem by bringing pharmaceutical jobs back to America, he will leave a lasting legacy that will be one of President Trump’s greatest wins. This would secure our supply chain, it would break China’s stranglehold on critical drugs, and it would mean thousands more high-paying jobs in the U.S.
Secretary Lutnick has been a champion for President Trump, for the America First agenda, and for every working American. And for that, he has our thanks.