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Global business leaders urged to shift manufacturing to US

24 January 2025
51216
2025-01-24 11:12

US President Donald Trump delivered an online address to the World Economic Forum in Davos, Switzerland, on Thursday. He urged global business leaders to shift their manufacturing to the US.

Trump said he plans on slashing the corporate tax rate in the US from 21 percent to 15 percent. Trump also took aim at the major oil-producing nations. He suggested that if oil prices were to fall, he would order policymakers at the Federal Reserve to lower interest rates.  

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