US President Donald Trump speaking at World Economic Forum

The US President Donald Trump speaks at the World Economic Forum 2020.

“China will spend an additional $200 billion over two years on American services, agriculture, energy and manufactured goods”

“These achievements would not have been possible without the implementation of tariffs… That is why most of our tariffs on China will remain in place during the phase 2 negotiations”

“No one is benefiting more than America’s middle class, we have created 1.2 million manufacturing and construction jobs”

“I see such a tremendous potential for the future, we have not even started, because the numbers we are talking about are massive, the time for scepticism is over”

“Our relationship with China right now has probably never been better”

“These achievements would not have been possible without the implementation of tariffs… That is why most of our tariffs on China will remain in place during the phase 2 negotiations”

“The US has also concluded a great new trade deal with Japan, worth approximately $40 billion”

What is the World Economic Forum?

Note that The World Economic Forum is an annual meeting that will be held in Davos Klosters. It is an important meeting in which top leaders around the world collaborate with each other and engage in activities to discuss the global, regional and industry agendas at the start of every year.

Over 3,000 leaders from all over the world attend the meeting and they exchange thoughts on stakeholder capitalism, Sustainable development goals, and other agendas.

Agendas that will be discussed in the meeting include how to protect the earth, technology for good, healthy futures, society, and future of work, economics, business development, geopolitics, and others.  The meeting was first held in 1971.