Trump at Davos: America’s boom makes the world safer, wealthier

In a speech delivered Wednesday at the World Economic Forum (WEF) in Davos, Switzerland, President Donald Trump celebrated the economic achievements of his administration. 

He urged European leaders to follow the U.S. lead, noting the success of Western values “did not come from our tax codes” but from “our very special culture.” 

“This is the precious inheritance that America and Europe have in common,” Trump added. “We share it. We share it, but we have to keep it strong.”  

The president also outlined his vision for global economic and geopolitical stability while carefully crafting U.S. claims to Greenland. 

Addressing an audience of business leaders and global policymakers, Trump emphasized America’s role as a driving force for global prosperity and security. ​ 

“Yesterday marked the one-year anniversary of my inauguration, and today, after 12 months back in the White House, our economy is booming, growth is exploding, productivity is surging, investment is soaring,” said the president.  

Trump said the U.S. economy is experiencing an unprecedented turnaround, highlighting key economic indicators such as a projected Q4 2025 growth rate of 5.4%, a 77% reduction in the monthly trade deficit and a record-breaking $18 trillion in new investment commitments, which he expects to rise to $20 trillion soon. 

Trump also noted core inflation has dropped over the past three months and the stock market has reached 52-week all-time high records, adding $9 trillion in value to retirement accounts and savings. 

The President said the economic success was due to his administration’s policies, which include significant tax cuts, deregulation and a focus on domestic energy production.  

“Instead of closing down energy plants, we’re opening them up,” Trump told the WEF audience.​ “Instead of building ineffective money-losing windmills, we’re taking them down and not approving any. ​Under my leadership, U.S. natural gas production is at an all-time high by far. ​ U.S. oil production is up by 730,000 barrels a day and last week, we picked up 50 million barrels from Venezuela alone.”  

Trump criticized the previous Biden administration for its handling of the economy, immigration and energy policies, which he described as disastrous.  

He cited the effects of stagnation and high inflation. ​  

Trump then pivoted to the reversal of mass illegal immigration under his leadership, with the U.S. experiencing negative net migration for the first time in 50 years, as reported by The Lion. 

The president emphasized his administration’s commitment to securing the U.S. border, cutting welfare payments to illegal immigrants and reducing crime rates in cities such as Washington, D.C., Memphis and New Orleans. 

On the global stage, Trump underscored the U.S. role as the “economic engine of the planet,” saying when America prospers, the world benefits.  

He expressed concern about the economic and energy policies of European nations, criticizing their reliance on wind energy and mass migration, which he argued have led to lower growth, and higher energy prices. 

“There are windmills all over Europe,” he told the audience. ​“There are windmills all over the place and they are losers. One thing I’ve noticed is that the more windmills a country has, the more money that country loses, and the worse that country is doing. ​China makes almost all of the windmills. ​And yet, I haven’t been able to find any wind farms in China. ​Did you ever think of that?”  

The president also addressed the strategic importance of Greenland, calling for immediate negotiations to acquire the territory from Denmark while saying he would not use force to do so. 

He emphasized Greenland’s critical location between the U.S., Russia and China and its significance not just for American defense but for the world’s security.  

Trump argued the U.S. is the only nation capable of defending and developing Greenland, citing its role in World War II and the current geopolitical landscape.  

“This enormous unsecured island is actually part of North America, on the northern frontier of the Western Hemisphere,” he said. “That’s our territory. It is therefore a core national security interest of the United States of America.” 

Trump also touched on the ongoing war between Ukraine and Russia, expressing his desire to broker peace and end the conflict. But he said it was up to Europe to end the war.  

“Talking about NATO, I’m talking about Europe,” he said. “They have to work on Ukraine, we don’t. The United States is very far away. We have a big, beautiful ocean separating us. We have nothing to do with it.”  

He criticized NATO and European nations for their reliance on U.S. military support while failing to adequately contribute to the alliance’s funding, mentioning his efforts to increase NATO member contributions from 2% to 5% of GDP. 

Trump concluded his speech with a call to action for global leaders to embrace boldness, innovation and collaboration to build a prosperous future. 

“We have to become stronger, more successful and more prosperous than ever,” he said. “We have to defend that culture and rediscover the spirit that lifted the west from the depths of the Dark Ages to the pinnacle of human achievement. We live in an incredible changing period. It’s an unbelievable time, but we have to take advantage of the time.” 

Trump ended by expressing optimism about America’s trajectory. 

“The United States is back: bigger, stronger, better than ever before.”