ALSO READTrump does a U-turn on Paris climate accord, says US could rejoin deal United Nations decries Donald Trump's immigrants remark as 'racist' US to announce specific actions against Pakistan to force terror crackdown Donald Trump ends 1st yr as most unpopular US prez; Melania wins hearts At Davos, Donald Trump apologises for retweeting British far-right videos
US President Donald Trump on Friday launched a fierce attack on "predatory" trade practices, warning trading partners at the World Economic Forum here that Washington will not tolerate unfair practices.
Speaking to the political and economic elite of the world, Trump said he would always put the US first when it came to trade, but "that does not mean America alone".
Trump said that the US "will no longer turn a blind eye" to some economic practices he called "predatory behaviour".
"We cannot have free and open trade if some countries exploit the system at the expense of others. We support free trade, but it needs to be fair and it needs to be reciprocal. In the end, unfair trade undermines us all."
"The world is witnessing the resurgence of a strong and prosperous America There has never been a better time to hire, to build, to invest and to grow in the United States. America is open for business," he said.
He added: "Come to America, where you can innovate, create and build."