Trump’s Commerce Pick Caught Telling American Companies to Move to Mexico
January 29, 2025
In response to new reporting that Trump’s pick for Commerce Secretary, Howard Lutnick, helped companies ship manufacturing jobs to Mexico, DNC Rapid Response Director Alex Floyd released the following statement:
“Once again, Donald Trump and his crooked billionaire Cabinet have been caught red-handed lying to the American people, saying one thing and doing the other to line their own pockets. Trump and his cronies like Howard Lutnick have repeatedly proven they’ll screw over American workers and let companies ship jobs out of the country if it means they can make an extra buck, but Democrats are ready to stand up for American jobs and working families.”
ICYMI: Trump’s billionaire pick to be Commerce Secretary, Howard Lutnick, screwed over American workers by helping companies ship manufacturing jobs to Mexico.
Washington Post: “On the campaign trail with Donald Trump, Howard Lutnick railed against policies that encouraged factories and jobs to move to Mexico. But at the same time, the president’s eventual nominee for commerce secretary runs a commercial real estate firm that has been pitching the virtues of Mexican manufacturing to American companies. …
“He is executive chairman of Newmark Group, a publicly traded commercial real estate firm, which has touted multiple industrial sites for sale and rent in Mexico, sometimes pitching them as a way for companies to avoid Chinese tariffs and tap into cheap labor. …
“The sharp contrast between Lutnick’s rhetoric and his firm’s dealings raises fresh questions about just how Trump’s commerce secretary pick might approach trade negotiations and tariffs. If confirmed, the billionaire would play a leading role in implementing the president’s economic and trade agenda. …
“[E]thics experts say they have lingering concerns about Lutnick’s ties to financial and real estate firms. …
“The Washington Post identified four instances of properties for rent or purchase just across the Mexico border on Newmark’s website since March. In addition to the Puerto Verde complex, other listings played up proximity to the United States, appealing directly to manufacturers who were looking to cut costs.”