Newsman: President Donald Trump touted a return to the American “golden age” and flaunted that there’s a new leader in town while promoting his America first agenda to the World Economic Forum on Wednesday.
“Three days ago, I took the oath of office. And we began the golden age of America,” Trump opened over a large screen over the stage, explaining later that he couldn’t be in Davos due to a quick turnaround from his inauguration, but he hoped to attend in person next year.
“The United States has the largest amount of oil and gas of any country on Earth, and we’re going to use it,” Trump boasted. “Not only will this reduce the cost of virtually all goods and services, it will make the United States a manufacturing superpower and the world capital of artificial intelligence and crypto. My administration has also begun the largest deregulation campaign in history, far exceeding even the record setting efforts of my last term.”
President Trump shared a direct message to the wealthy businessman: Invest in the U.S. or else.
“My message to every business in the world is very simple: Come make your in America and we will give you among the lowest taxes of any nation on earth. We’re bringing them down very substantially, even from the original Trump tax cut,” Trump said. “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 which will direct hundreds of billions of dollars and even trillions of dollars into our treasury to strengthen our economy and pay down debt.”
Later, Trump put pressure on the Federal Reserve to lower interest rates.
“With oil prices going down, I’ll demand that interest rates drop immediately,” he said. “And likewise, they should be dropping all over the world. Interest rates should follow us all over. The progress that you’re seeing is happening because of our historic victory in a recent presidential election, one that has become quite well-known throughout the world.”
“Our efforts to secure a peace settlement between Russia and Ukraine are now hopefully underway. It’s so important to get that done,” Trump told the forum, calling the war “an absolute killing field.”
Millions of soldiers are being killed. Nobody’s seen anything like it since World War II. They’re laying dead all over the flat fields. It’s a flat field, farmland. And there’s millions of Russians and millions of Ukrainians, and nobody’s seen anything like it since World War II. It’s time to end it,” Trump said.
Trump said he would talk to Chinese President Xi Jinping in efforts to end the war. Former President Joe Biden seemed to give Xi a similar message during a rare bilateral meeting on the sidelines of APEC in November.
“Hopefully, China can help us stop the war with, in particular, Russia, Ukraine. They have a great deal of power over that situation. And we’ll work with them,” Trump said. And I mentioned that with, during our phone conversation with President Xi and hopefully we could work together and get that stopped,” Trump said.
Trump called for NATO nations to up their defense spending from 2% to 5%, something he has advocated for since his first term in office. Asked if there would be a peace agreement with Ukraine and Russia by the time Trump takes the stage next year, he pointed his finger at Russia.
“Well, you’re going to have to ask Russia,” he said. “Ukraine is ready to, to make a deal.”
On Wednesday Trump called out Russian President Vladimir Putin in a Truth Social post, telling him “It’s time to ‘MAKE A DEAL.’ NO MORE LIVES SHOULD BE LOST!!!”
