“Come make your product in America and we will give you among the lowest taxes of any nation on earth”: President Trump pitches global business leaders at the World Economic Forum on why they should bring manufacturing back to the US.
In his virtual address to the World Economic Forum in Davos, President Donald Trump outlined a bold vision for the United States, emphasizing a return to economic dominance and policy changes aimed at fostering prosperity. His speech was a mix of policy declarations and economic boasts, focusing on themes like energy independence, tax policy, and trade. Trump announced intentions to extend tax cuts, signaling a continued push towards stimulating economic growth through fiscal policy. He also made clear his administration’s stance on energy, declaring a goal of “energy dominance” for the U.S., which aligns with his previous policies to boost fossil fuel production.
On the international stage, Trump’s speech targeted trade, mentioning upcoming tariffs but also expressed a desire for fair and reciprocal trade agreements. His address included a call for Saudi Arabia to reduce oil prices, which he suggested could help in ending the Russia-Ukraine conflict. Additionally, Trump reiterated his commitment to dismantling diversity, equity, and inclusion (DEI) programs, advocating for a merit-based system instead. The speech was met with mixed reactions, with some seeing it as a reaffirmation of America’s economic strength, while others criticized the focus on deregulation and tax cuts as potentially benefiting only a select few.
Earlier today President Trump delivered remarks via satellite to the 2025 meeting of the World Economic Forum in Davos, Switzerland.
In one comment he made a game-changing statement as he revealed Saudi Arabia’s $600 billion investment in the United States – which he said he’d ask his friend the Sheik to round up to one trillion dollars – sending shockwaves through the global economy.
He also told the global elite that their anti-human agenda is well and truly over.
President Trump pledged to make the US the “World Capital of Artificial Intelligence and Crypto.”
He mentioned Corporate Tax and said he aims to cut it to 15% for U.S. manufacturers from 21%. Regarding business write-offs he proposes full, immediate write-off for equipment costs, expiring policy.
He also urged NATO nations to boost defense spending to 5% of GDP, pledged US energy supplies to the EU, and promised global peace and prosperity during his presidency.