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President Donald Trump speaks Friday during his first trip to the World Economic Forum in Switzerland, where he is expected to pitch investment in the United States to global government and business leaders.
On Thursday, Trump explained to CNBC why he went to the event in Davos that presidents have typically avoided because of its association with wealthy and powerful officials. In addition, the focuses on global cooperation, and Trump has frequently attacked free trade deals and preached nationalism.
“I didn’t think in terms of elitists or globalists,” Trump told CNBC. “I thought in terms of lots of people that want to invest lots of money and they’re all coming back to the United States, they’re coming back to America. And I thought of it much more in those terms.”
“It’s not about that, it’s about coming to America, investing your money, creating jobs, companies coming in,” he added.
Trump is expected to promote the recent changes to the American tax code. Republicans slashed the U.S. corporate tax rate to 21 percent from 35 percent, and the president is expected to use it as a selling point for international businesses.
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