The American president intervened by video at the Davos World Economic Forum on Thursday.
President Donald Trump promised the main decision-makers in the world to reduce taxes if they brought production in the United States and threatened to impose customs duties if they did not do so in his speech on Davos on Thursday.
Speaking by video from the White House on the occasion of the annual summit held in Switzerland, while it is only in his third day of mandate, Donald Trump reviewed the series of executive measures that he has signed since his swearing in, saying that he had a “Massive mandate” of the American people to make changes.
He then brandished the carrot and stick.
“Come and make your products in America and we will offer you the lowest taxes in all the countries of the world”he said.
“But if you do not make your products in America, which is your prerogative, then you will simply have to pay customs duties – different amounts – but customs duties that will inject hundreds of billions of dollars, Even thousands of billions of dollars, in our treasure to strengthen our economy. “
Experts point out that customs duties, which are imposed on incoming goods and services, are mainly covered by the end consumer. The taxation of customs duties on goods from Europe and the rest of the world would therefore rather harm the national purchasing power and the American economy.
Donald Trump, who spoke on Wednesday with the crown prince of Saudi Arabia Mohammed bin Salmane, also told people gathered in Davos that the kingdom wanted to invest $ 600 billion (575.6 billion euros) in the States- United, but that he would ask the Prince Crown Prince to bring this amount to $ 1,000 billion (959 billion euros) – a statement that aroused some laughs from the assistance present in the room.
Davos founder Klaus Schwab invited Donald Trump to express himself in person at the top next year.
