America: Open for Business
During his visit to the World Economic Summit in Davos, Switzerland, President Trump told conference attendees that a prosperous America benefits the world, and fair economic competition is essential to that prosperity. He noted, “There has never been a better time to hire, to build, to invest and to grow in the United States,” he said. “America is open for business and we are competitive once again.”
Specifically, the President explained how his “America First” vision fit into Davos’ 2018 theme of “creating a shared future in a fractured world”:
- America is committed to global growth and prosperity. As the world’s largest economy, the United States has a particular responsibility to get things right domestically: When the U.S. economy grows, so does the world’s.
- The Trump Administration supports free and open trade—but it must be fair and reciprocal trade, too. The global economy cannot flourish unless all countries follow the rules and are held responsible when they don’t.
- Leaders must reform—not abandon—the international economic system. America’s goal is to improve that system by making it more accountable and efficient, which will make the global economy work for all sovereign nations.