According to CNN, President Trump’s speech was given in the context of his threat to impose higher tariffs on some countries and his desire to promote his economic and foreign policy agenda. .
In his speech, the US leader criticized the policies of his predecessor Joe Biden, and described it as “economic chaos caused by the failed policies of the previous administration”.
Mr. Trump emphasized: “What the world has witnessed in the past 72 hours is nothing more than a revolution of common sense. Our country will soon become stronger, richer and more united than ever before.” , and the entire planet will become more peaceful and prosperous thanks to this incredible dynamic.”
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Regarding tariffs, President Trump called on world business leaders to produce products in the US to enjoy the lowest tax rates. In addition, Mr. Trump also reiterated his efforts to end federal support for the electric vehicle sector.
Recently, Mr. Trump signed an executive order eliminating the $7,500 tax credit for electric vehicle buyers along with federal support for vehicle charging stations and low-interest loans for manufacturers. traditional car manufacturer.
Regarding the Russia-Ukraine conflict, President Trump said peace efforts between the parties are underway. “It was very important to do. It was a real killing field. Millions of soldiers died,” according to Mr. Trump.
The US leader also reiterated his desire for all NATO member countries to spend 5% of GDP on defense budgets. “As we restore normalcy in America, we are acting quickly to bring strength, peace and stability abroad,” Mr. Trump said.
“Currently spending is only at 2% and most countries didn’t get it done until I showed up. I asked them to spend, and they did, because America is actually paying the difference at the moment.” that,” according to Mr. Trump.