It was one of the most anticipated interventions. Just four days after inaugurating his mandate, US President Donald Trump spoke via videoconference at the Davos Economic Forum. An intervention in which he has warned that he will impose higher rates on products that are not manufactured on US soil, where has charged against the EU’s slow processes and its fines on US companieshas suggested that OPEC should lower the price of oil and has focused on ending the war in Ukraine.
“If they do not manufacture their product in the United States, which is their prerogative, then they will simply have to pay a tariff, of varying amounts,” Trump warned, pointing out that this financing would fill the coffers of the US Treasury. The message is “simple”, he specified: ““Come do business in the US, we will give you the lowest tax rates of any nation on earth.”he added.
The Republican leader has intervened from the White House in a panel that included among its attendees in Davos the president of Banco Santander, Ana Botín. After a brief presentation by the Spanish company, in which he highlighted that the entity had the largest number of clients of the entities with which it shared the stage, Trump He assured that he knows his bank “quite a bit” and congratulated her for having “done a fantastic job.”“.
In a speech full of reproaches towards the previous US administration of Joe Biden and full of praise for the progress made in less than a week since the beginning of his mandate, Trump attacked the approval times for permits in the European Union. “You can’t wait five or six years for an approval“said the Republican.
But this is not the only reproach on Trump’s list. And he referred to the VAT tax that “applies to agricultural products and cars.” Taking as a reference a conversation with one of the largest US airlines, he disgraced the EU “that the cost of landing is very high”. “They apply tariffs on everything. He asked me how it is compared to China: much worse,” he said.
To this he has added the fines to Apple and the open procedures against other technology companies such as Facebook: “they want 15 or 16 million from Apple”, he stated. “They are American companies. Whether they like it or not. They should not do this. It is a form of taxation, as I see it,” he stressed.
In a conversation in which he highlighted the role of fossil fuels and criticized the previous administration’s plan to decarbonize the economy, Trump pointed out that he will ask “Saudi Arabia and OPEC lower the price of oil.” From his point of view, “they have to reduce it, frankly, I’m surprised they didn’t do it before the elections. They didn’t show a lot of love. I was a little surprised.”
“If the price (of oil) fell, the war between Russia and Ukraine would end immediately. Right now, the price is so high that the war continues,” said the US president, who expressed his willingness to meet with the leader of the Kremlin, Vladimir Putin and finding a solution to the conflict with Ukraine. A solution in which China was included as a mediating party.
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