(National Sentinel) Rock Star: President Donald J. Trump continued taking the World Economic Forum in Davos by storm with a speech on Friday declaring “America is open for business” while encouraging investment in the U.S. from around the world.
“Now is the best time to bring your money, your jobs, your businesses to America,” he said, mentioning the dramatic reduction in regulations and his and Republicans’ successful tax cuts. “The world is witnessing the resurgence of a strong and prosperous America.”
While encouraging new investment, Trump nevertheless reiterated his “America first” vision, saying that “fair” trade deals could still be made.
“We will enforce our trade laws and restore integrity to the trading system. Only by insisting on fair and reciprocal trade can we create a system that works not just for the United States but for all nations,” Trump said.
“The United States will no longer turn a blind eye to unfair trade practices,” he said. “We cannot have free and open trade if some countries exploit the system at the expense of others.”
In particular, according to the White House:
- America is committed to global growth and prosperity. As the world’s largest economy, the United States has a particular responsibility to get things right domestically: When the U.S. economy grows, so does the world’s.
- The Trump Administration supports free and open trade—but it must be fair and reciprocal trade, too. The global economy cannot flourish unless all countries follow the rules and are held responsible when they don’t.
- Leaders must reform—not abandon—the international economic system. America’s goal is to improve that system by making it more accountable and efficient, which will make the global economy work for all sovereign nations.
“The President’s message is very much the same here as it will be [in Davos],” Press Secretary Sarah Sanders said ahead of Trump’s visit. “He welcomes the opportunity to go there and advance his America First agenda with world leaders.”
Meanwhile, the Dow Jones Industrial Average closed at a new record, up 125 points to 26,523.23, while both the NASDAQ and S&P 500 were also up.
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