American leader touts 'very good' relationship with Xi Jinping amid 'massive' trade deficits with Beijing In his first speech at the World Economic Forum of his second term, US President Donald Trump voiced optimism about Sino-American relations while warning of tariffs on companies that do not manufacture stateside.
Donald Trump told an audience at the World Economic Forum in Davos, Switzerland, Thursday that every international business needs to make their products in the United States, or face tariffs. “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,
U.S. President Donald Trump will speak remotely at the World Economic Forum on Wednesday in Davos, Switzerland, delivering his first major speech to global business and political leaders. Read more at straitstimes.
The new US president is delivering a virtual address, one of the first major speeches of his presidency, and will take questions from business leaders after.
U.S. President Donald Trump will speak remotely at the World Economic Forum on Thursday in Davos, Switzerland, and hold a discussion with business leaders including Bank of America CEO Brian Moynihan and Blackstone Group CEO Stephen Schwarzman.
Despite fears that the tariffs could spark a global trade war and reignite inflation domestically, Jamie Dimon, CEO of JPMorgan Chase, said they could protect American interests and bring trading partners back to the table for better deals for the country,
Dimon's comments Wednesday come as Trump has threatened to impose a 25 percent tariff on products from Mexico and Canada by February 1 and a 10 percent tariff on Chinese imports. Earlier Wednesday, Trump also teased the notion of imposing "taxes, tariffs, and sanctions" on Russia if it doesn't end its war against Ukraine.
A speech by U.N. Secretary-General Antonio Guterres criticizing fossil fuel use and warning of the perils of artificial intelligence has headlined the agenda at the World Economic Forum’s annual event
U.S. President Donald Trump told global business leaders on Thursday they should manufacture products in the United States to avoid import tariffs and enjoy low tax rates.
The World Trade Organization chief said on Thursday that any tit-for-tat trade wars prompted by U.S. President Donald Trump's tariff threats would have catastrophic consequences for global growth, urging states to refrain from retaliation.
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