24-01-2025, 09:08 AM
Markets brace as he hints at broad tariffs while vowing to make America a manufacturing superpower.
Donald Trump has told global business leaders they will face steep tariffs if they do not make their products in the US, as he affirmed his intention to raise hundreds of billions, even trillions, of dollars through taxes on imports.
Speaking by video from the White House to the World Economic Forum (WEF) summit in Davos, Switzerland, Trump ran through his flurry of executive actions since his swearing-in and claimed he had a “massive mandate” from the American people to bring change. He laid out a carrot-and-stick approach for private investment in the US.
https://www.theage.com.au/business/the-e...5l6xd.html
Donald Trump has told global business leaders they will face steep tariffs if they do not make their products in the US, as he affirmed his intention to raise hundreds of billions, even trillions, of dollars through taxes on imports.
Speaking by video from the White House to the World Economic Forum (WEF) summit in Davos, Switzerland, Trump ran through his flurry of executive actions since his swearing-in and claimed he had a “massive mandate” from the American people to bring change. He laid out a carrot-and-stick approach for private investment in the US.
https://www.theage.com.au/business/the-e...5l6xd.html