Name: Lutnick Says Relations With Europe, Greenland Are Fine
Uploaded: 2026-01-22T14:08:56+00:00
Duration: 893 s

Speakers

Howard Lutnick — Secretary of Commerce

Summary

US Commerce Secretary Howard Lutnick speaks at Davos about trade relations, dismissing the Greenland dispute as a minor kerfuffle. He credits auto tariffs for boosting GM and Ford, promotes US data center and semiconductor onshoring including Micron's $100 billion fab, and criticizes Canada's political path. He also explains the H200 chip sales to China process and jokes about the Fed seat.

Lutnick calls tensions with Europe and Greenland a 'kerfuffle' and says relations are fine.
He credits auto tariffs for boosting General Motors and Ford, noting GM ended last year up 60%.
He highlights $6 trillion in committed US data center investment and Micron's $100 billion fab in upstate New York.
He says Europe and the UK could attract similar data center investment with US-style digital rules.
He criticizes Canada's outreach to China and warns about USMCA renegotiation.
He explains the approved process for H200 chip sales to China, including a 25% cut for US taxpayers.
He jokes about not wanting the Fed seat.

Ideas

Howard Lutnick Secretary of Commerce 1:31

Auto tariffs support GM and Ford.

Lutnick argues that the administration's auto tariffs and push to bring auto manufacturing back to the US have supported domestic automakers. He notes that when auto tariffs were completed, General Motors and Ford stocks each rose 10%, and GM ended the year up 60%. He frames this as evidence that policies can take care of both companies and workers, implying continued support for US automakers.

Howard Lutnick Secretary of Commerce 7:03

US data centers attract $6T investment.

Lutnick says the US has $6 trillion of committed investment to build data centers in America, supported by favorable digital rules. He presents this as a major capital inflow that will drive growth and economic activity in the US data center sector.

Howard Lutnick Secretary of Commerce 7:25

Micron fab benefits from US onshoring.

Lutnick highlights Micron's $100 billion mega fab in Syracuse, upstate New York, as part of a $200 billion commitment. He says the region's existing power infrastructure makes it an ideal location and that the project creates an enormous economic uplift, reflecting the success of US semiconductor onshoring.

This Bloomberg Markets video, published January 22, 2026, features Howard Lutnick discussing GM, F, US Data Centers, MU. 3 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Howard Lutnick · Tickers: GM, F, US Data Centers, MU

Lutnick Says Relations With Europe, Greenland Are Fine

Summary

Ideas

Up Next