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Trump Declares U.S. as Global Economic Engine at Davos

1/23/2026

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Story summary
  • U.S. President Donald Trump stated at Davos that the United States is the 'economic engine of the planet' and that American prosperity drives global growth.
  • He highlighted supply-side strategies, including tax cuts and deregulation.
  • He criticized European economic policies as hindering development.
  • He projected strong GDP growth for the coming year.