Washington – President Donald Trump solved world economic forum He was in Davos, Switzerland, virtually for an international event on Thursday, since he returned to the White House earlier this week.
For 45 minutes, Trump took aim at European regulators he said were too tough on U.S. technology companies and oil producers he said were keep prices too high and big bank Refuse to serve conservatives, he said.
So is he Calling the country Global investments in the United States promise lower taxes and a looser regulatory structure.
On the domestic front, Trump says Fed pressure exceed interest rates.
“I’m going to demand an immediate reduction in interest rates,” Trump said. “Again, they should give up around the world. Interest rates should follow us.”
The remarks were widely seen as the opening salvo in what Trump is expected to launch a lobbying campaign targeting the Fed chairman. Jerome Powell.
“The United States has the greatest amount of oil and natural gas of any country on Earth, and we’re going to use it,” Trump said.
“Not only will this lower the cost of nearly all goods and services, it will make the United States a manufacturing superpower and the world capital of artificial intelligence and crypto,” Trump said.
Trump also said he would ask Saudi Arabia and the Organization of Petroleum Exporting Countries (OPEC) to lower oil prices. Immediately after Trump’s speech crude Prices have dropped.
After his speech, Trump engaged in Q&A Meeting with Blackstone Chairman Steve Schwarzman Bank of America Brian Moynihan, Chairman and Chief Executive Officer, Santander Executive Chairman Ana Botin and Chairman and CEO Patrick Pouyanné total energy. They were joined by WEF founder Klaus Schwab and CEO Børge Brende.
Participants see a film of US President Donald Trump on a giant screen during a video conference at the World Economic Forum (WEF) annual meeting in Davos on January 23, 2025.
Fabrice Coffrini | AFP | Getty Images
He also touted controversial action he took this week to demand that U.S. agencies reverse decades of efforts to diversify the federal workforce.
“My administration has taken action to dismantle all discriminatory diversity equity and inclusion nonsense… policies that are absolute nonsense throughout government and the private sector.”
“America will once again be a performance-based nation,” Trump said.
