Trump reaches out to business elite

Elias Hubbard
January 27, 2018

January 27 (NT): United States President Donald Trump has again raised a uproar among media representatives this time at the World Economic Forum (WEF) 2018 Summit in Davos, Switzerland.

As per the Independent, he made this remark when he was drawing a comparison between the media coverage that he received before and after achieving the crown of the US president.

"Part of that is I think the sense that the USA is less welcoming today", Marriott International CEO Arne Sorenson said.

"As president of the United States, I will always put America first just as the leaders of other countries should put their countries first", said Trump.

Trump's speech focused heavily on his administration's accomplishments, including tax cuts and slashing regulations, and cited ever-encouraging economic news.

Trump spent much of his speech outlining the economic highlights of his presidency and selling its strengths to the gathered business and finance leaders.

Pointing out that America can not have free and open trade if some countries exploit the system at the expense of others, he disclosed that USA supports free trade but that it needs to be fair and be reciprocal, because, in the end, unfair trade undermines everybody.

"Like all nations represented at this forum, America hopes for a future in which everyone can prosper, and every child can grow up free from violence, poverty and fear", he said.

But he swiftly turned to a theme of demanding tougher enforcement of trade rules, accusing unidentified countries of unfair practices, including stealing intellectual property and providing state aid to industry.

In the same interview, he said he may or may not pull the USA out of the North American Free Trade Agreement - an agreement he has repeatedly called to be renegotiated. His remarks on trade were met in silence by the Davos audience. The charge that Mr. Trump is racist earned new traction this month with his reported slur against "sh****le" countries in Africa. "I think it was a very successful trip". "NAFTA's a disgusting deal, we're renegotiating it", he said.

Before his speech Trump said in an interview that he regretted re-posting anti-Muslim videos put online by a British ultra-nationalist group, saying he would not have done so if he'd known they were posted by 'horrible, racist people'. "He wasn't trying to convert people to his own views, but saying we are a great economy, come and invest in the U.S.". Winnie Byanyima, director of Oxfam International, said: "Trump's boastful sales pitch was a victory lap for the trillions of tax cuts that the wealthy elites and corporations have clamoured for". "In fact, in the last couple of years of the Obama administration, there were much more job creation than Trump". Throughout the week, European leaders spoke with worry about the rise of populism.

Trump hosted a dinner with business leaders on Thursday night. One said he consulted his wife and children before deciding not to go.

Other reports by Click Lancashire

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