Davos Forum: Donald Trump Asks In Davos "to Deny The Prophets Of Destruction"

The US president takes advantage of the World Economic Forum to attack economic "pessimists" and environmental "alarmists." He says the US "is in full economic boom."

Donald Trump has undertaken it with environmental "alarmists" and economic "pessimists", using his speech at the World Economic Forum in Davos to exhibit a challenging tone in a meeting dominated by concerns about climate change and economic slowdown.

A few hours before his political trial begins, the US president said he had transformed a stagnant economy into "a huge spring of opportunities."

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Although he reiterated his criticisms of the Federal Reserve, stating that "interest rates had risen too quickly and had lowered them very slowly," Trump said the US "is in full economic boom, something never seen before," some claims that in The room have been perceived as a call to voters in election year. He also said that delegations attending Davos "should deny the eternal prophets of destruction and their apocalyptic predictions," an almost direct attack on environmental activists such as Greta Thunberg, who on Tuesday assured that governments and business leaders are doing very Little to avoid irreversible climate change. Shortly after Trump's intervention, Thunberg told Davos attendees that his warning last year – "our house is on fire" – had achieved nothing, as global carbon dioxide emissions continue to rise.

He also made fun of governments and companies that tell activists "not six so pessimistic" while offering only "cows and promises" instead of actions. "Unlike you, my generation does not quit without fighting. We are telling you to do something as if you loved your children above anything else." For Trump, "this is not a time for pessimism, but for optimism." The US real estate sector "has recovered at record speed" since its election, he said, exhibiting its agenda of lowering corporate taxes and deregulation.

Trump's words arrive hours before the US Senate begins its political trial for abuse of power and obstruction of Congress, but hardly made reference to the issue. Instead, he showed his recent agreements with China, Canada and Mexico and assured that his relationship with the Chinese president, Xi Jinping, is extraordinary, adding that "he defends China and I to the US, but for the rest we love each other. a lot".

According to Trump, the US is a pioneer in "a new business model for the 21st century." Phase two of its trade negotiations with China begin "shortly", and state: "Probably, our relationship with China is now better than ever."

Following Trump's speech, China's Deputy Prime Minister Han Zheng said the world's second economy did not follow the steps of "other countries" in moving away from globalization. "The unilateral and protectionist policies that go against the global trend lead nowhere," he said, adding that China will carry out trade agreements with more countries.

The concern of the markets for a new trade battle with Europe was a little lower on Monday, after French President Emmanuel Macron announced an advance in talks to resolve a fiscal dispute with Washington, which had threatened new tariffs on French products, and could have resulted in a transatlantic trade war. Macron said on Twitter on Monday that he had "had a big discussion" with Trump about the taxation of digital groups like Alphabet (Google's parent company) and Amazon and that "they will work together to reach a good agreement and avoid tariff escalation."

US Treasury Secretary Steven Mnuchin also warned Tuesday in Davos to Italy and the United Kingdom that they could face new tariffs if they impose new digital taxes. Trump's speech comes on the first day of the fiftieth annual meeting of the Davos forum, dominated by concerns about environmental risks and threats to global cohesion. Trump's words followed the warning made by Klaus Schwab, founder of the Davos Forum, of the risks of irreversible climate change and "continued political and economic disintegration," while global leaders and institutions suffer a "general loss of trust." .

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