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Davos Crowd That Is Global Is Told By Trump: ‘America Is Open For Business’

DAVOS, Switzerland — President Trump made the case because of  his “America First” policy before   an elite gathering of political and business leaders Friday, saying “America is open for business.”

In  a speech at the World Economic Forum in this Alpine resort, Trump emphasized his administration  aims to create the United States more competitive for company. He also vowed that the U.S. is dedicated  to free and open commerce, but in terms it considers  fair and reciprocal.

“The entire world is watching the resurgence of a strong and prosperous America,” he explained. “There’s never been a better time to employ, to construct, to invest and to grow in the USA. America is open for business and we are competitive once more.”

Trump told the Davos audience that “if the United States grows, so does the world”

“American wealth has created countless tasks around the world  and the drive for excellence, innovation and creativity in the USA has led to important discoveries that assist people everywhere live more prosperous and healthier lives,” he added.  

Underscoring his “America First” thinking on foreign policy, Trump said he had been here “to reflect  the interests of the American people, and to affirm America’s friendship and partnership in developing a better world”

“America first doesn’t imply America alone,” he highlighted. “Like all countries represented at this forum, America hopes for a future in which everyone can prosper, and every child can grow up free from violence, poverty and fear.”

David Kirkpatrick of Techonomy Media, media firm and an American convention, said Trump’s speech “could have been a train wreck, but wasn’t.”

“He might have gone much farther down the ‘America First’ street then he did,” Kirkpatrick said. “With the exception of a reference to ‘bogus news’ he spoke concerning the need even when unenthusiastically. ”

Trump also noted throughout the address that the U.S. could be rough on trade issues, saying he intends   to “restore integrity to our trade system.”

“We encourage free trade, but it needs to be fair and it has to be mutual … in the end, unfair trade undermines us all,” Trump said.

On problems, the president stressed that the global community should work together on safety issues, like combating the Islamic State and the threat posed by North Korea’s program.

Reaction into the speech of Trump has been mixed.

“Tone deaf,” said Sarah Hanson-Young, a senator from Australia’s Greens’ Party.   “It was about himself. Rather than talking about global leadership and problems, it was all about ‘Come to America,’” she said.

Hanson-Young said his tone distinct from other world leaders.   “rsquo & There;s no contrast between the arrogance of the other leaders, Macron, Merkel, Trudeau and that man on stage, who spoke on problems. ”

Sandra Page-Cook, the editor of Pollution and Health, noted that Trump adhered in a speech which offered little to violate to the script.

“things that are fine were said by him but it would have been better to have a candid conversation,” she said.

Page-Cook called his characterization of regulators as predatory as & ldquo; and took exception to his own swipe at the media for being & ldquo; imply & rdquo; and & ldquo; & rdquo, fake. ”

Trump’s pitch for this elite crowd was particularly striking as it’s the very crowd that has generally shunned him. At the same time, said Douglas Rediker, a global economy specialist at the Brookings Institution think tank, it’s a group that some might argue he has”always aspired to join.”

There was not any doubt his appearance was a ticket. Forum participates began lining up just after noon for both p.m. address amid a Saudi Arabia-sponsored dinner buffet. The Congress Hall, which holds 1,400 individuals filled to capacity.  

The forum stepped up security for the event. Every participant in the forum is vetted, wears a badge and is security-screened when entering the convention complicated although, Swiss Army soldiers barred all liquids and also performed additional services at the hall.

Trump also appears to be finding favor with company leaders in and out of the wintry retreat. Several polls published this week found that corporate leaders largely approve of his administration’s recent corporate tax cuts and regulatory reform.  

“I enjoy much more stuff than that I don’t enjoy,” Goldman Sachs CEO Lloyd Blankfein  said here Wednesday.  

In his remarks, the president rattled off economic data, including a declining unemployment rate.   He pointed to 2.4 million jobs created since his 2016 election stated firms like Apple are planning to spend billions in America.  

The U.S. economy grew at a solid rate of 2.6%   in the last three months of this past year, a slowdown from the previous two quarters. It was helped by the  quickest consumer spending since the spring of 2016 and a big rebound in home building.

The Commerce Department reported  the fourth quarter progress from the gross domestic solution, the nation’s total output of goods and services, followed gains of 3.1% in the second quarter and 3.2percent  in the third quarter. The most recent slowdown reflected less growth in stock and a worsening trade deficit.

For many of 2017, the economy grew 2.3%. That is a considerable advancement in the 1.5% gain in 2016 but little altered from the small 2.2% average growth rate turned in since the Great Recession ended.

“Fake news. Fake information,” Trump responded   Friday, in short remarks made in the forum’s most important  conference hall.

Following a meeting with Rwandan President Paul Kagame, Trump dismissed  questions from journalists about vulgar language he used before this month to explain Haiti and African states. Kagame is the chair   of the African Union, a 55-country organization, that called on Trump to apologize within the comments. Trump said the two leaders had “tremendous discussions.” Kagame said they spoke about trade and the economy.  

“In case you are telling me they’re horrible people, dreadful people that are racist, I would certainly apologize if you would prefer me to do that,” when contested Trump explained.