UNITED STATES: Trump tells Davos: make your products in America or pay tariffs
US President Donald Trump told world business leaders Thursday to manufacture in the United States or face tariffs, in his first major speech to global leaders since returning to the White House this week. Since his inauguration on Monday, Trump has said that Washington could impose steep tariffs on major trading partners Canada, Mexico and […]
U.S. President, Donald Trump
US President Donald Trump told world business leaders Thursday to manufacture in the United States or face tariffs, in his first major speech to global leaders since returning to the White House this week.
Since his inauguration on Monday, Trump has said that Washington could impose steep tariffs on major trading partners Canada, Mexico and China as soon as February 1.
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“Come make your product in America and we will give you among the lowest taxes of any nation on earth,” Trump said on Thursday, speaking remotely to the World Economic Forum in Davos, Switzerland.
“But if you don’t make your product in America, which is your prerogative, then very simply you will have to pay a tariff,” he added.