U.S. President Trump is to speak to an international audience for the first time after returning into the White House with a speech and Q&A by video conference to the World Economic Forum’s annual event in Davos on Thursday.
"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," Trump said.
Switzerland’s commerce with the US is significant and any tariffs would meaningfully impact its economy, according to Swiss National Bank President Martin Schlegel.
"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," Trump said.
President Donald Trump took a combative tone at times as he spoke remotely Thursday to an international audience of business leaders, politicians and other elites at the World Economic Forum’s annual event in Davos,
Speaking before the World Economic Forum in Davos, Switzerland, Trump said he’ll call for interest rates to be lower than current levels. A possible sign he is setting up a possible battle with the Federal Reserve.
​Trump’s image dominated the room from multiple screens. Below the movie-theater-size emperor at center stage sat five business and political leaders looking tiny in their WEF-logo seats. Once they might have been called “masters of the universe” themselves, but now they were just supplicants lobbing softball questions at the Übermensch.
President Donald Trump reportedly elicited gasps from the international crowd gathered at the World Economic Forum in Davos, Switzerland, on Thursday when he suggested that Canada could become a U.S. state in order to avoid the sweeping tariffs he wants to impose.
President Trump said if oil prices come down he'll demand lower interest rates immediately, adds he knows rates 'much better' than Fed officials
U.S. President Donald Trump demanded OPEC lower oil prices and the world drop interest rates in a speech to global business and political leaders and warned them they will face tariffs if they make their products anywhere but the U.
Groups working with businesses on climate action said they see no retreat from climate goals despite Donald Trump's pledge to end what he calls a "green scam."
Panama President José Raúl Mulino has directly addressed President Donald Trump 's controversial comments regarding the Panama Canal, reaffirming that the waterway unequivocally belongs to Panama.