Trump lays out demands in virtual reintroduction to world stage:
President Trump took his first major foray on the world stage with a virtual speech with ...
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Trump Demands Tariffs and Higher NATO Spending in DavosDuring his virtual speech on January 23, Trump called in Davos for NATO defense spending of 5 percent of GDP.
- Addressing world leaders and business executives, Trump offered companies low U.S. taxes for producing in the United States, threatened tariffs otherwise, and called for all NATO countries to spend 5 percent of GDP on defense.
- Trump said Saudi Arabia would invest at least $600 billion in the United States and that he would ask the crown prince to raise the amount to about $1 trillion.
- On the war in Ukraine, Trump said Volodymyr Zelenskyy was ready for a deal and claimed that Russia had lost 800,000 soldiers.
- A federal judge temporarily blocked Trump's order ending birthright citizenship and described it as blatantly unconstitutional.
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.— Donald Trump: Davos World Economic Forum speech to business leaders (virtual) as part of his reintroduction to the world stage.
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