Trump: Never been a better time to invest in US

World
Europe

In one of the most anticipated speeches at Davos, US President Donald Trump called for investment to the US and reiterated that he “will always put America first.”

Trump started his speech speaking highly of the US economy in the past year and noted that progress has been made in the stock market, unemployment and, most importantly, the tax overhaul.

He claimed that the US stock market has seen growth of more than 7 trillion US dollars since his election and more than two million jobs created in the same period.

"America is open for business," he said, noting that due to tax reform and deregulation made possible by his administration, there has never been a better time to hire, build and invest in his country.

He is proud of the tax cut, which is “very tough politically to do” and claimed that companies who benefit from the tax reform, such as Apple, are repatriating capital to the US like “a beautiful waterfall.”

In addition to investing in the US, Trump also re-emphasized his “America first” strategy.

"I will always put America first just like the leaders of other countries should put their country first also,” he said.

"But America first does not mean America alone. When the United States grows so does the world," he noted.

He stressed that his administration will attempt to reform the international trading system.

"The United States will no longer turn a blind eye," he said.

Right after his speech, the world largest economy unveiled that its GDP growth for 2017 was 2.3 percent, up from the 1.5 percent in 2016 but far below Trump's 3 percent.