(Tory Newmyer – Washington Post)
President Trump made a Trump Steaks pitch for international investment in the United States, telling the global assemblage of business elites and foreign leaders at the World Economic Forum in Davos on Friday morning that there’s never been a better time to get in on a sure thing.
In doing so, Trump sanded the edges off the “America First” credo that other heads of state obliquely criticized in their own addresses. He argued that an economically resurgent America lifts the world, and he invited the heads of foreign-based corporate giants in the audience to participate. “There has never been a better time to hire, to build, to invest and to grow in the United States,” he said.
The president also underlined his administration’s intent to drive a harder line enforcing trade rules — a pledge given weight by his decision earlier this week to slap tariffs on imports of solar panels and washing machines. “We support free trade but it needs to be fair, and it needs to be reciprocal because in the end unfair trade undermines us all,” Trump said. “The United States will no longer turn a blind eye to unfair economic practices including massive intellectual property theft, industrial subsidies, and pervasive state-led economic planning.” Click here to read more.
- U.S. Annual Growth Disappoints White House (Deutsche Welle)
- Analysis of the President’s World Economic Forum Speech (New York Times)
- China Piles Up Free Trade Deals as Trump Abandons Them (Bloomberg)
- Trump Administration Backs Bills to Toughen Foreign Investment Rules (Hellenic Shipping)