(Reuters) – U.S. President Donald Trump told business leaders gathered at the World Economic Forum in Davos, Switzerland, on Thursday that he is working to reverse inflation and illegal immigration while at the same time boost fossil fuel production in the United States.
“What the world has witnessed in the last 72 hours is nothing less than a revolution in common sense,” Trump said via video conference, adding that he will focus on deregulation and making the United States a hub for artificial intelligence and cryptocurrencies at the same time. in which he will extend the tax cuts approved during his first term.
“The United States has the most oil and gas of any country on Earth, and we are going to use it. Not only will this reduce the cost of virtually all goods and services, it will also make the United States a manufacturing superpower.”
The comments were Trump’s first four-day presidency to global business and political leaders at a time when markets are nervous about his plans for broad tariffs on imported goods.
