President Donald Trump repeated false claims about the US trade relationship with Canada and Europe in virtual Thursday remarks to the World Economic Forum in Davos. He also delivered a smattering of other misstatements and exaggerations about trade,
Donald Trump, who took oath as the 47th US President on January 20, has repeatedly referred to Canada as the “51st State”. He once said he will use “economic force” and not “military force” to acquire Canada.
Speaking virtually to the World Economic Forum in Davos, Switzerland, Trump also said he will press NATO members to increase their defence spending target to five per cent of GDP.
Donald Trump for the first time used an international venue on Thursday for his eye-popping suggestion that the U.S. gain an additional state: Canada. In his first global event since becoming U.S. president earlier this week, Trump spoke by video link to the Davos economic forum in Switzerland.
Liam Mooney, founder of an Ottawa-based design firm, made a hat emblazoned with "Canada is Not for Sale" in response to Trump's tariff threats and suggestions that Canada become the 51st U.S. state.
Donald Trump addressed the World Economic Forum in Davos via video link on Thursday. The US President demanded respect from other countries, including Canada and Mexico. Trump called on OPEC to lower the price of oil and threatened companies that do not produce in the USA with tariffs.
The Canadian energy industry is pushing back against Donald Trump doubling down on his claim that the United States doesn't need oil and gas from Canada."We don't need their oil and gas. We have more than anybody,
Global markets will focus on central bank rate decisions and earnings from US tech giants, alongside major European corporate quarterly results. View on euronews
President Trump didn't take action on day one to impose tariffs, but he they could possibly come as soon as February 1st.
Border taxes on imports from Canada will slow rebuilding in Los Angeles and North Carolina.
President Donald Trump’s ambitions for a reordering of world commerce are broader. The opposition — at home and abroad — is weaker. And the economic risks he seems prepared to run may be greater.