US President Donald Trump on Thursday called on companies around the world to manufacture products in the United States or face tariffs. “Come make your products in America, and we’ll give you the lowest taxes of any country on earth,” Trump said at the World Economic Forum in Davos, Switzerland.
“But if you don’t make the product in the United States, that’s a prerogative of the United States, and quite simply you have to pay the tariffs,” the president said in his first global address since returning to the White House. he added.
Trump’s remarks focused on his initiative to attract global manufacturers by offering significant tax incentives. “It’s a significant reduction even from the original Trump tax cuts,” he said, referring to the tax system enacted during his first term.
President Trump also made an ambitious promise to pass the largest tax cut in U.S. history, aimed at making the country an attractive hub for production and investment.
President Trump has doubled down on his economic vision, pledging to eliminate 10 regulations for every new one enacted, and using the move as a way to empower American businesses and put money back into Americans’ pockets. Positioned.
President Trump also addressed the ongoing war in Ukraine and suggested that lowering global oil prices could quickly end the conflict, urging Saudi Arabia and OPEC to lower oil prices to hasten peace. urged.
On the domestic front, President Trump emphasized efforts to preserve free speech in the United States, saying, “We protect free speech in America, and we have defended it strongly.” He also highlighted the importance of qualifications and achievements in public life and outlined plans to return the country to a “merit-based” system.
