America is open for business: Trump at WEF

Image
ANI Davos [Switzerland]
Last Updated : Jan 27 2018 | 12:30 AM IST

United States President Donald Trump on Friday, taking his "America First" foreign policy to the world's business and political elite, highlighted that "America is open for business".

"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 and we are competitive once again", the US President said in his address at the World Economic Forum (WEF).

"As president of the United States, I will always put America first. But America first does not mean America alone. When the United States grows, so does the world", he added.

In addition to this, Trump told the Davos audience, "America is roaring back - and now is the time to INVEST in the future of America".

Trump also took a veiled attack at China for its alleged theft of intellectual property and practice of forcing the American companies to turn over their intellectual property to do business there.

"We cannot have a free and open trade if some countries exploit the system at the expense of others," Trump added, "We support free trade, but it needs to be fair and it needs to be reciprocal."

Trump is the first sitting US president to attend the Davos summit since Bill Clinton went in 2000, according to the reports.

.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 27 2018 | 12:30 AM IST

Next Story