Lutnick On Tariffs Sparking Recession: “It’s Worth It”

HOWARD LUTNICK: “When you’re negotiating with someone and they’re not paying attention, and they are disagreeing, the president – who’s the best dealmaker ever to sit in that chair – is going to say, ‘Here’s my response.’ And then all of a sudden, shockingly, they respond.”

CBS NEWS: “Will these policies be worth it if they lead to a recession, even a short-term recession?”

LUTNICK: “These policies are the most important thing America has ever had.”

CBS NEWS: “So, it is worth it?”

LUTNICK: “It is worth it. The only reason there could possibly be a recession is because of the Biden nonsense that we had to live with. These policies produce revenues.”