During his speech at the World Economic Forum in Davos via video link, President Trump emphasized a strong pro-manufacturing stance, urging international companies to produce their goods in America. He warned that companies opting out would face tariffs, specifically mentioning a potential 25% tariff on goods from Canada and Mexico and considering a 10% tariff on China. Trump also noted his intention to reduce the corporate tax rate from 21% to 15% for those who manufacture in the U.S., reinforcing a strong nationalist economic policy.
"My message to every business in the world is very simple: Come make your product in America," Trump said.
He also proposed a 60% tariff on China during his presidential campaign, but he said earlier this week he was considering a 10% tariff on goods from the country next month.
Collection
[
|
...
]