Trump takes his America First policies to Davos globalists

Treasury Secretary Steve Mnuchin said the Trump delegation is attending the confab to tell the world leaders, ministers, CEOs, and private investors in attendance that America is open for business. “So I’m not sure they’re going to be that impressed with his approach”.

The president signed an order Tuesday imposing steep import tariffs on washing machines and solar panels, repeating his assertion that the current trade system is bad for America.

“When the USA grows, so does the world”, he said.

“To achieve that, we must launch a global drive against tax dodging and financial secrecy, for democratic control over our economy and to protect our planet”.

Many in Davos worry that a brighter world economic outlook could darken if geopolitical threats – from protectionism and climate change to cyber attacks and war – gather pace in 2018.

But a Trump-led confrontation with India over trade could also nose its way into the great-powers showdown heating up the conference’s otherwise studied cool.

Cohn, along with national security adviser H.R. McMaster, revealed more details about the president’s trip to Davos, saying that Trump arrives Thursday morning and will meet with WEF founder Klaus Schwab, who will host a reception for Trump on Thursday night. “The difference is the U.S. troops are now coming to the ramparts”, he added. Some chief executives think that’s a lowball estimate.

“We are committed to economic growth of 3 percent or higher GDP”.

New tariffs imposed this week that have angered China and South Korea, and big cuts to the USA corporate tax, are accentuating foreign concern that the United States is abandoning its role as protector of the global trade order.

He also met Deputy Prime Minister Tharman Shanmugaratnam of Singapore and Foreign Minister Mohammed bin Abdulrahman bin Jassim Al Thani of Qatar.

“We can learn from history that protectionism doesn’t work in the end”, Deutsche Post CEO Frank Appel told Bloomberg News. “As the largest economy in the world it’s very important for us to interact with our counterparts”.

The tax changes are projected to add at least $1 trillion to America’s $20 trillion debt.

Then, in a direct blow to Trump and the U.S., Trudeau announced that Canada would join a massive Pacific trade deal with 10 other countries, not including the U.S.

On Trump, Italian Prime Minister Paolo Gentiloni said it was legitimate to defend one’s own citizens, companies and economic, but “there is a limit”.

“Obviously a weaker dollar is good for us, it’s good because it has to do with trade and opportunities”.

“I’m going to Davos right now to get people to invest in the United States”, Trump said Wednesday before the overnight flight to Europe. Exhibit A: The lopsided benefits for the very rich in his tax cut package.

German Defense Minister Ursula von der Leyen said it has been hard to work with U.S. President Donald Trump’s administration on Middle East issues. He’ll be the first president since Bill Clinton to attend the gathering.

Trump and May have had a rocky first year since Trump took power, which included British anger over the USA leak of the name of a suicide bomber in Manchester last May. The White House says the announcements cover about 2.5 million workers, although that is a small fraction of the total US workforce of over 147 million. Now Disney, J.P. Morgan Chase and many others.

“Considering his tendency to say or tweet whatever comes to mind, we might expect both Trumps – the testy one and the triumphant one – to appear”.