Trump in Davos urges countries to “put their citizens first”
President touts US economic success.
U.S. President Donald Trump Seized The Opportunity To Speak To World Leaders On Tuesday, Announcing His Agenda «America first» and encouraging other countries to adopt a similar country-oriented approach to economics and political relations around the world.
«America’s newfound prosperity is undeniable and unprecedented anywhere in the world, ”Trump said at the World Economic Forum in Davos, Switzerland, hours before his impeachment process began. America has achieved this stunning turnaround not by making minor changes to a few policies, but by adopting an entirely new approach that focuses entirely on the well-being of the American worker.».
«Every decision we make regarding taxes, trade, regulation, energy, immigration, education and more is aimed at improving the lives of ordinary Americans, he added. – Only when governments put their citizens first will people be fully invested in their national future».
Much of his speech focused on the success of the administration in pursuing policy. «America first», a set of guidelines that try to benefit average Americans through economic policies, such as protecting national trade or reducing taxes.
The multi-day Davos Forum is an annual event where the world’s most influential political and corporate leaders share their ideas in the Swiss Alps.
The policies that led to fierce trade battles with longtime economic partners such as China, the EU and Mexico were accompanied by higher-than-expected US GDP growth, as well as below 4% unemployment and stable stock market records..
While bilateral trade discussions have rocked financial markets for much of two years, the White House last week negotiated two key trade agreements that officials say will stimulate the economy, while S&P 500 exceeded 3300 for the first time.
The US and China signed the first phase of a trade agreement on Wednesday that officials said will boost sales of US goods and services to Beijing and ease a two-year dispute between the world’s two largest economies..
On Thursday, the Senate passed a new North American trade agreement that gives US manufacturers greater access to Canadian dairy markets and creates stricter rules for auto parts rules of origin..
In his speech, the president also highlighted one of the administration’s most significant legislative victories, the 2017 Tax and Job Cuts Act, which lowered the corporate tax rate to 21% and supported business profitability throughout most of Trump’s presidency..
The administration claims the promise of lower tax rates is prompting global businesses to move more manufacturing to the US and hire more Americans..
«Today, I call on other countries to follow our example and free your citizens from the crushing weight of bureaucracy, Trump said. – In doing so, you must manage your countries the way you want».
The President has not discussed ongoing trade discussions with the EU or member countries, despite reports that he and French President Emmanuel Macron have reached an agreement in their dispute over digital taxes..
Trump’s speech came the day after the president’s lawyers team asked the Senate to dismiss two articles of charges against him. Third presidential impeachment trial in US history to begin later Tuesday.
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