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Trump in Davos, says US has enjoyed the "great American comeback"

It’s President Trump’s second visit to Davos. Two years ago he told the summit: “ I will always put America First ... But America First does not mean America alone.”

Klaus Schwab, World Economic Forum Founder and Executive Chairman, introduces Trump: “Mr President, welcome back to this stage.”

"Great American comeback"

Trump says that since he last addressed Davos, two years ago, the US has enjoyed the "great American comeback" that he had predicted:

"Today I am proud to declare that the United States is in the midst of an economic boom the like of which has never been seen before...

"I knew that if we unleashed the potential of our people, cut taxes, slashed regulation, fixed broken trade deals and fully tapped American energy that prosperity would come thundering back ... and that is exactly what happened...

"Years of economic stagnation have given way to a roaring geyser of opportunity."

The American Model is an example to the world of a working system of free enterprise, one that produces the most benefits for the most people in this century and beyond, President Trump tells #wef20

President  Donald Trump highlights the progress that has been made since he last addressed Davos - from economic growth to the signing of trade deals, including two in just the last week. He tells #wef20 he's never been more confident in America's future.

Significant progress has also been made on trade reform, and the US's relationship with China has never been better, President Trump tells #wef20/

Trump also highlights the gains made in cutting unemployment, creating a more inclusive economy and lifting up Americans of every race, colour, religion and creed. He urges other countries to follow the US's example in cutting bureaucracy, which has helped make the US a hugely attractive place for businesses to invest

President Trump announces that the US will join the one trillion trees initiative launched at #wef20 and continue to show strong leadership in restoring, growing and better managing our forests

Innovation and technology offer huge opportunities, President Trump tells #wef20, far exceeding the achievements of the previous century, allowing people to live longer, happier lives.

"Our relationship with China right now has probably never been better," Trump says after listing concessions he says China has made on trade, particularly in intellectual property, ending "forced technology transfers", lifting trade barriers on agricultural goods, opening up the financial sector and maintaining a stable currency.

"My relationship with Xi [Jinping] is extraordinary He's for China, I'm for the US but other than that we love each other."

"Today I'm pleased to announce the US will joining the one trillion trees initiative," Trump said.

"This is not a time for pessimism ...this is a time for optimism ... but to embrace tomorrow we must reject the many prophets of doom."


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