How Donald Trump, America’s Salesman-In-Chief, Won Over CEOs At Davos | Stock News & Stock Market Analysis

Davos: Think Donald Trump doesn’t know how to sell? Take a look at how he did in Davos, Switzerland, with the world’s wealthy, left-leaning elites. As anyone in business will tell you, a great salesman needs a great product. Trump has that: America.

X Trump told the assembled billionaires, tech giants, CEOs and political grandees at the World Economic Forum on Friday that America was “open for business.” Having just signed a law that would cut the top marginal tax rate on U.S. corporations from 35% to 21%, he had some credibility for that remark.

Of course, whenever Trump says anything he’s accused of lying or engaging in rank jingoism. But much of what he told the congregation of  business and political leaders in defense of his “Make America Great Again” economic policies was convincing.

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A sampling:

  • “When the United States grows, so does the world. American prosperity has created countless jobs around the  globe and the drive for excellence, creativity and innovation in the United States has led to important discoveries that help people everywhere live more prosperous and healthier lives.”
  • “After years of stagnation the United States is once again experiencing strong economic growth. Consumer confidence, business confidence and manufacturing confidence are the highest they have ever been in many decades.”
  • “We have dramatically cut taxes to make America competitive.”
  • “There has never been a better time to hire, to build, to invest and to grow in the United States. America is open for business and we are competitive once again.”

But did the world’s CEOs buy into his “America First” message? Trump’s dinner on Thursday night with 15 of the world’s most powerful and respected business leaders at companies — ranging from Siemens AG and Nestle SA to Volvo and Bayer — suggests the answer is yes. And that’s because they’ve seen that, by following through on his pledges of deregulation and tax cuts, he means what he says

As The Daily Caller reported, “In a stunning moment, one by one, European titans of industry from companies like Adidas, Siemens and Bayer went around the table to thank Trump for the passage of tax cuts and the easing of corporate tax burdens. Almost every CEO had a new U.S.-based investment or strategic business to announce.”

“The president of Siemens, Joe Kaeser, said, ‘since you have been so successful in tax reform we have decided to develop the next generation gas turbines in the United States.’ “

Not surprisingly, Trump has been harshly criticized by the left for failing to embrace “globalism.” That criticism seemed a bit misplaced in Davos, however, simply with Trump’s appearance there. He was the first president in 18 years to go to Davos, a gathering that President Obama gave short shrift.

Given what looks like a coming flood of foreign investment in the U.S., maybe “Make America Great Again” is the best kind of globalism there is.


And … Presto! Tax Cuts Already Working Their Magic 

Bad News For Dems: The Trump Tax Cuts Are Getting More Popular By The Day

Left’s Unhinged Response To Trump Tax Cut Reveals Their Real Fear: What If It Works?  

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Originally posted 2018-01-27 15:57:42.


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