President Donald Trump has just dropped the hammer on globalist elites during a live-streamed address to attendees at the World Economic Forum’s (WEF) annual meeting in Davos, Switzerland.
Trump delivered an “America First” speech on Thursday to this year’s Davos summit.
“America is back and open for business,” the president declared.
Speaking virtually at the WEF, Trump urged global business leaders to invest in the United States.
He continued by warning them of tariffs for those who don’t “make your product in America.”
Trump went on to promise that his administration would offer some of the lowest taxes in the world, with significant reductions to corporations.
However, Trump warned that tariffs could add up to trillions of dollars for the U.S. Treasury.
“My message to every business in the world is very simple: Come make your product in America, and we will give you among the lowest taxes of any nation on Earth,” Trump promised.
“We’re bringing them down very substantially, even from the original Trump tax cuts.”
“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,” he added.
Trump vowed that America would be the world’s premier location for building and growing a company.
“Under the Trump administration, there will be no better place on earth to create jobs, build factories, or grow a company than right here in the good old USA,” he said.
WATCH:
World leaders, executives, bankers, and policymakers have gathered in the Alpine ski village for the 55th annual WEF meeting.
The summit runs from January 20 to 24.
Since Trump’s inauguration, many of these leaders have been closely monitoring his actions.
During his address, Trump also openly criticized the “diversity, equity, and inclusion” (DEI) and “Net Zero” initiatives championed by the WEF.
“My administration has taken action to abolish all discriminatory diversity, equity, and inclusion nonsense,” Trump told WEF elites.
“America will once again become a merit-based country—you have to hear that word: merit-based country—and I’ve made it official, an official policy of the United States, that there are only two genders: male and female.
“And we will have no men participating in women’s sports and transgender operations.”
He also expressed concerns about NATO’s heavy dependence on the United States.
The president urged NATO member nations to increase their contributions to defense spending to 5 percent of GDP, an idea he has advocated for a long time.
During the Q&A session, Trump also criticized the European Union for not treating American companies, such as Google, Apple, and META, fairly.
He pointed to the recent penalties these companies have been forced to pay for refusing to censor their users.
“We’re going to do something about it, but nobody’s happy with it,” he said.
He also took aim at Bank of America CEO Brian Moynihan and JPMorgan CEO Jamie Dimon for their “debanking” practices against conservatives in the United States, including members of the Trump family.
“I don’t know if the regulators mandated that because of Biden or what, but you and Jamie and everybody, I hope you open your banks to conservatives because what you’re doing is wrong,” he said.
READ MORE – Globalists Doomed as Trump Cuts U.S Funding to WEF & UN Agenda
