‘Globalisation FAILED West’: Lutnick minces no words, UK’s Reeves rips US over economic policy| WEF

At the World Economic Forum in Davos, Howard Lutnick declared “globalization has failed the West and the US,” sharply criticizing decades of global trade policies and calling for a new America-First economic approach. Across the panel, UK’s Rachel Reeves pushed back, reaffirming confidence in US–UK economic ties and emphasizing the resilience of trade agreements despite rising geopolitical tensions. The heated debate highlights growing divisions over globalization, economic sovereignty and Western unity at a pivotal global summit.