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- Donald Trump calls for greater American manufacturing at the Davos World Economic Forum
Donald Trump calls for greater American manufacturing at the Davos World Economic Forum
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President Donald Trump has initiated an incentive program to attract global manufacturers to the United States by offering significantly reduced tax rates. Trump stated that the country will offer "among the lowest taxes of any nation on Earth" to encourage companies to establish their production facilities in America.
They essentially don't take our farm products, and they don't take our cars. Yet they send cars to us by the millions. They put tariffs on things that we want to do.
My message to every business in the world is very simple: Come make your product in America, and we will give you among the lowest taxes of any nation on earth.
But if you don't make your product in America, which is your prerogative, then very simply you will have to pay a tariff. Differing amounts, but a tariff.
I will tell you that President Putin really liked the idea of cutting way back on nuclear. And I think the rest of the world, we would have gotten them to follow, and China would've come along.
They've allowed other nations to take advantage of the US. We can't allow that to happen any more.
They say that there's light shining all over the world since the election. And even countries that we aren't particularly friendly with are happy because they understand there is a future, how great the future will be.
If the price came down, the Russia-Ukraine war would end immediately.
They won billions from Google. I think they're after Facebook for billions and billions.
My administration has also begun the largest deregulation campaign in history, far exceeding even the record-setting efforts of my last term.
Remember the world was going to end in 12 years? Remember that? Well, the 12 years has come and gone. It was going to end. It was going to all foam into earth.
We have a tremendous deficit with Canada. We're not going to have that any more. We can't do it.
Davos World Economic Forum
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sources
perspectives
- 1.US under Donald Trump
- 2.Russia-Ukraine War
- 3.World Economy
- 4.Oil Market
- 5.Climate Change
- 6.European defense
- 7.Multilateralism
- 8.European Energy Market
- 9.Artificial Intelligence
- 10.US-EU relations
- 11.Protectionism
- 12.German Economy
countries
- 1.Argentina
- 2.Canada
- 3.Switzerland
- 4.China
- 5.Denmark
- 6.France
- 7.United Kingdom
- 8.Greenland
- 9.Hungary
- 10.Israel
- 11.Italy
- 12.Mexico
organizations
- 1.World Economic Forum
- 2.European Union
- 3.White House
- 4.Republican Party
- 5.Apple
- 6.International Monetary Fund
- 7.Meta
- 8.Bank of America
- 9.Facebook
- 10.Google
- 11.North Atlantic Treaty Organisation
- 12.Organization of the Petroleum Exporting Countries
persons
- 1.Donald Trump
- 2.Elon Musk
- 3.Jeff Bezos
- 4.Mark Zuckerberg
- 5.Benjamin Netanyahu
- 6.Brian Moynihan
- 7.Christine Lagarde
- 8.David Miliband
- 9.Giorgia Meloni
- 10.Javier Milei
- 11.Joe Biden
- 12.John Kerry