Trump tells Davos elite to invest in US or face tariffs

[Yo_Mama_Been_Loggin]

WASHINGTON (AP) — President Donald Trump used an address Thursday to the World Economic Forum to promise global elites lower taxes if they bring manufacturing to the U.S. and threatened to impose tariffs if they don’t.

Speaking by video from the White House to the annual summit in Davos, Switzerland, on his third full day in office, Trump ran through his flurry of executive actions since his swearing-in and claimed that he had a “massive mandate” from the American people to bring change. He laid out a carrot-and-stick approach for private investment in the U.S.

“Come make your product in America and we will give you among the lowest taxes as any nation on earth,” Trump said. “But if you don’t make your product in America, which is your prerogative, then very simply, you will have to pay a tariff — differing amounts — but a tariff, which will direct hundreds of billions of dollars and even trillions of dollars into our treasury to strengthen our economy and pay down debt under the Trump administration.”

Trump, who spoke Wednesday to Saudi Arabia’s crown prince, also said Thursday that the kingdom wants to invest $600 billion in the U.S. but that he would ask Crown Prince Mohammed bin Salman to increase it to $1 trillion. The remark drew some laughter from the crowd in the hall in Davos.

https://apnews.com/article/trump-davos-tariffs-taxes-world-economic-forum-85aa42fb7751bedc1643c5a0e465a053

They're shaking in their boots Donny.

[bucolic_frolic]

1. My way or the highway, civil blackmail. I'm sure they'll be receptive. /nt

[Avalon Sparks]

2. Why would anyone invest here?

The populace will be too broke to buy their products.

[Deuxcents]

3. Absolutely no shame.

[Attilatheblond]

6. Cheap ass thugs

gonna thug. TCF can't help himself. He's gone into full mob boss mode

[JT45242]

4. Umm...where are you going to find qualified workers after slashing education for decades

Certainly not the confederacy where test scores are abysmal.

Not the neoconfederate states like Iowa, Ohio,and Indiana that used to have great schools that they refuse to fund.

I guess that leaves blue states along the west and east coasts. Somehow I don't think that will make mango Mussolini and his rethuglican owners happy.

[Solly Mack]

5. Bullies deserve whatever bad that happens to them.

[doc03]

7. Can't anyone tell that moron we pay the tariffs not the other countries. Do what i say

or I will shoot myself in the foot.

[CousinIT]

8. Donnie Dumbo thinks tariffs are the answer to everything.

And they will direct exactly ZERO dollars and ZERO cents to the US Treasury.

All they'll do is empty the pockets and bank accounts of Americans.

SHitler thinks tariffs can replace taxes. HE SAID SO.

IT DOESN’T WORK LIKE THAT.

Defunding the US gov’t by lowering or eliminating taxes on those with all the money, while simultaneously raising them in the form of tariffs on everyone else WILL DESTROY both the economy and the government in less than a year.

Either this evil fuck knows that and that is in fact his plan, or he’s so goddamned stupid he doesn’t know that and doesn’t give a damn.

[tulipsandroses]

9. Can you imagine all the laughing those folks did? What an embarrassment

Thanks America

[no_hypocrisy]

10. Trump imagines himself The American Godfather.

Is he going to impose tariffs on every country that exports to the U.S.?