WEF Davos 2018: Donald Trump wants to be the 'best salesperson' for American economy, says chief economic adviser

Washington: US president Donald Trump is aiming to be the "best salesperson" for American economic interests when he goes to Davos later this week, the White House said on Tuesday.

Trump is set to speak Friday at the World Economic Forum, an annual gathering of the global pro-trade elite at the Swiss ski resort, in a move that has raised eyebrows because of his protectionist "America First" policies.

"We're going to the World Economic Forum to share President Trump's economic story and to tell the world that America is open for business," said Trump's chief economic adviser Gary Cohn.

"We want the world to invest in America and to create jobs for hard working Americans," he continued, adding that Trump's economic agenda — focused on aggressive deregulation and corporate tax cuts — had "unleashed the US economy."

File image of US president Donald Trump. Reuters

File image of US president Donald Trump. Reuters

The former real estate tycoon is "firmly committed to being the best salesperson the US has to drive economic growth and drive prosperity and drive a better quality of life for American citizens," Cohn said. He continued: "America First is not America alone. I said in my remarks, when we grow, the world grows. When the world grows, we grow."

The Trump administration has repeatedly lashed out at allegedly unfair trade agreements and practices, slapping additional import duties on products from across the world, claiming they benefited from unfair state subsidies.

Soon after he took office, Trump announced the US was pulling out of the Trans-Pacific Partnership (TPP) signed in 2015 by a dozen nations that accounted for 40 percent of the global economy. The remaining 11 countries announced on Tuesday they would move forward with the deal without Washington.

He has also repeatedly threatened to pull out of the North American Free Trade Agreement (NAFTA), which is currently being renegotiated between its three participants —  Canada, Mexico and the US.


Updated Date: Jan 24, 2018 07:57 AM

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