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Trump at World Economic Forum ‘Surprised’ Saudi Arabia Didn’t Lower Petrol Prices

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Speaking at the World Economic Forum in Davos, Donald Trump expressed surprise over Saudi Arabia’s decision not to lower petrol prices despite global economic concerns.

President Donald Trump is presenting one of his presidency’s first major speeches to international business and political leaders at the World Economic Forum in Davos. You can watch it live by clicking “watch live” at the top of this page.

In the US, Trump has directed 1,500 troops to reinforce barriers at the border as part of his immigration crackdown. Additionally, up to 10,000 troops could potentially be deployed in this effort.

The Kremlin has expressed its willingness to engage in a “mutually respectful dialogue” with Trump regarding the conflict in Ukraine. This statement follows the US president’s warning that Russia will encounter additional sanctions if Putin does not bring an end to what he termed as the “ridiculous war.”

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The US president also stated that America has regained its status as a free nation following his signing of orders to end government censorship.

“We have strongly preserved free speech in America,” Trump declares, adding that the nation will become a “merit-based country” once more.

He also mentions a newly implemented policy that recognizes only two genders: male and female.

Trump expresses ‘surprise’ over Saudi Arabia’s decision not to reduce petrol prices,

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Trump continues by stating that he will request Saudi Arabia and OPEC (Organization of the Petroleum Exporting Countries) to “reduce the cost of oil.”

He commented, “Honestly, I’m surprised they didn’t do that before the election. It seemed lacking in support… I was a bit taken aback by it.”

He emphasized the necessity of reducing oil prices, which he believes will contribute to ending the war in Ukraine.

He states that as oil prices decrease, he will work to ensure interest rates fall as well.

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Investment in the US is skyrocketing, says Trump.

Trump claims that his election victory has led to a surge in investments in the US.

He cites the $500 billion invested in developing Artificial Intelligence within the US. Additionally, he notes news reports indicating that Saudi Arabia plans to invest billions in his country.

Trump requests the Crown Prince, Mohammed bin Salman, to increase that amount to a trillion dollars.

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Companies that manufacture in America will receive ‘significant tax reductions,’

Trump cautions that companies may incur tariffs if they don’t manufacture their products in America.

Trump promises “significant” tax cuts if they bring manufacturing to the US.

He claims that there will be no better place on Earth for manufacturing.

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On the domestic front, he claims he will implement the largest tax cut in American history. This reduction would surpass even the tax cuts from his first presidential term.

Trump then quickly reviews his campaign promises and details what he has accomplished in fulfilling them during his first week in office.

He talks about withdrawing from the Paris climate agreement, halting international aid, and implementing a federal hiring freeze.

He also outlines the steps to tackle the “national energy crisis” and to “unleash the liquid gold beneath us.”

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He quickly shifts to promising that the US will take the lead globally in artificial intelligence and cryptocurrency, referencing the Stargate project he introduced earlier this week.

He is working through an extensive list, and his speech contrasts sharply with the impromptu “weave” style he frequently employed during campaign rallies.

Trump claims that economic confidence in America is surging, noting that numerous companies have announced plans to invest “billions and billions” into the nation’s economy.

Trump starts his speech by asserting that his election win marked the beginning of “the golden age” for America.

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Trump claims that his administration has initiated a “revolution in common sense” and lays out a series of promises, asserting that both the United States and the broader world will become “wealthier” and more “peaceful” as a result of his presidency.

The president claims that his administration took over “failed policies” and an environment of “economic chaos,” expressing criticism toward deficit spending, regulations, and what he describes as “hidden taxes.”

He claims that prices have skyrocketed and accuses Biden of losing control over the economy. He also asserts that he is taking steps to reverse these trends along with policies from the “radical left.”

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