Trump Warns Global Businesses at Davos: Manufacture in the U.S. or Face Tariffs

In a virtual address, President Trump criticized European policies, called for lower oil prices, and outlined his protectionist economic vision.

President Trump, speaking via video at the World Economic Forum in Davos, urged global companies to manufacture in the U.S., offering low taxes as an incentive while threatening significant tariffs for those who do not comply.
Trump criticized the European Union's regulatory framework and trade practices, accusing the bloc of unfairly restricting U.S. exports while benefiting from access to American markets.
The president called on OPEC and Saudi Arabia to lower oil prices, claiming that reduced prices would hasten the end of the Russia-Ukraine conflict.
Trump reiterated his plans to lower corporate taxes further and use tariff revenues to offset the impact of tax cuts on federal finances.
The speech, which drew mixed reactions, highlighted Trump's protectionist stance and his push to reshape global trade relations in favor of the United States.