The announcement of the largest tax cut and interest rate cut in American history signals relief for the public.
US President Donald Trump, for the first time among other activists, has once again threatened the world with a huge tariff from the global stage of the World Economic Forum in Davos, Switzerland on Thursday. Along with this, Trump said that if Saudi Arabia and the OPEC countries reduce the price of crude oil, the war between Russia and Ukraine will stop immediately.
Trump signaled relief to the public by announcing the largest tax cut in American history. Trump said that companies would be able to survive the music industry by manufacturing in America.
Saudi Arabia and the US will be closed immediately if crude oil prices fall sharply: US President
The American president was sworn in as president on Tuesday and two days later, on Thursday, he gave a fortuitous address to the World Economic Forum in Davos, Sutherland. In this address, the world’s industrialists issued a clear warning to American manufacturing. He said that America’s golden age had begun and the whole world would soon become more peaceful and prosperous.
Coincidentally, the day he took office for his second term, January 20, coincidentally marked the start of the five-day annual meeting of the World Economic Forum. On the day of his inauguration, the president announced his departure from the World Health Organization and the cancellation of the Paris
Trump said that America has more than any other country and you are going to use them. I have requested Saudi Arabia and OPEC countries to reduce the price of crude oil. He claimed that if the price of crude oil falls, the war on oil will stop with immediate effect.
Saudi Arabia Crown Prince Mohammed bin Salman expressed his desire to invest $600 billion in the US over the next four years, and within hours, Trump urged Saudi Arabia to take its US investment to $1 trillion after a telephone conversation with him.
Meanwhile, Trump made it clear to industrialists around the world from the Global Economic Forum that they should start their production units in America. Otherwise, be prepared to increase tariffs massively. We will provide companies with the lowest tax facilities compared to any country in the world.