Fri Jan 24 04:41:00 UTC 2025: ## Trump Issues Davos Ultimatum: Make it in America or Pay Tariffs
**Davos, Switzerland** – Former US President Donald Trump delivered a stark message to global business leaders at the World Economic Forum (WEF) in Davos, Switzerland on Thursday: manufacture your products in the US or face hefty tariffs. Speaking via video link from the White House, Trump reiterated his commitment to tax cuts, deregulation, and immigration enforcement.
Trump’s address, which received enthusiastic applause from the audience, included a direct threat regarding tariffs. “Come make your product in America, and we will give you among the lowest taxes of any nation on earth,” he stated. “But if you don’t make your product in America… you will have to pay a tariff.”
The former president also weighed in on global issues, linking the war in Ukraine to oil prices and calling for Saudi Arabia and OPEC to lower crude costs. He claimed that doing so would immediately end the conflict. He further indicated his intention to pressure the Federal Reserve to lower interest rates.
Trump engaged in a Q&A session with several high-profile executives, praising some while criticizing Bank of America CEO Brian Moynihan for allegedly refusing to do business with conservatives. He offered assurances to others, such as French energy giant TotalEnergies, regarding future energy deals.
Trump’s appearance at Davos, which coincided with his inauguration, followed a similar pattern to his previous visits, generating both excitement and concern. His speech was preceded by a passionate address from Argentinian President Javier Milei, a strong Trump supporter, who defended Elon Musk against recent criticism.
The WTO chief, Ngozi Okonjo-Iweala, expressed apprehension about the potential for escalating trade wars, urging caution in response to Trump’s protectionist stance. The overall reaction to Trump’s speech was mixed, with some attendees expressing alarm over his pronouncements.
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