From D.C. to Davos President Trump’s Incredible First Week – Top 3 Takeaways – January 24th, 2025
- What happens in Davos doesn’t stay in Davos. What a week it’s been. Whatever your expectations were for the first few days of the Trump administration it’s almost a certainty that President Trump has exceeded them. That’s true if you support him, as most do, as Trump’s average net approval rating has reached a new record high at +13%. It’s true if you’re part of the 40% who disapprove, as meltdowns by those suffering with TDS has been real this week. It’s also true if you’re not really sure what to think. That’s true in this country and that’s true at the annual World Economic Forum in Davos this week. From the Great Reset to the Green New Deal, concepts fostered by those seeking New World Order, One World Governance and worldwide socialism at the World Economic Forum in previous years haven’t stayed in Davos. They’ve been brought back from Davos by businesses that have implemented DEI, ESG and related policies. They’ve been incorporated by leftist politicians from the EU to Washington D.C. It’s for this reason that I always pay particularly close attention to what happens at the WEF. But just as Trump has taken policy in our country by storm this week...
- He took the WEF by storm virtually on Thursday. In just a ten-minute speech he laid out in no uncertain terms what the American agenda would be unapologetically. On trade: My message to every business in the world is very simple: come make your product in America, and we will give you among the lowest taxes of any nation on Earth. As the president went on to explain he intends to drop the corporate tax rate in the US to 15% from the current 21%. And as for those companies that don’t, he said: But if you don’t make your product in America, which is your prerogative, then very simply you will have to pay a tariff. The message is crystal clear. We’re going to heavily incentivize foreign investment in manufacturing inside of the United States, while simultaneously disincentivizing manufacturing outside of the US. The concept leverages the need for many companies and countries to sell into the US to our economic benefit. On Energy policy Trump said: The United States has the largest amount of oil and gas of any country on Earth, and we’re going to use it. Not only will this reduce the cost of virtually all goods and services, it will make the United States a manufacturing superpower, and the world capital of artificial intelligence and crypto. On the Russia-Ukraine war he added he would ask: Saudi Arabia and OPEC to bring down the cost of oil. If the price came down, the Russia-Ukraine war would end immediately. The concept in play here is that if OPEC increased production dropping the price of oil, Russian oil profits would plummet, and they’d not be able to afford to continue to finance the war. Speaking of Saudi Arabia, which just announced plans to invest $600 billion in the US he said he’ll also ask them to up it to $1 trillion. On interest rates/inflation. I’ll demand that interest rates drop immediately. And likewise, they should be dropping all over the world. On the national debt... He said he’d obliterate it through tariffs and economic growth. On DEI Trump told the crowd from the event where the initiative was originally derived: My administration has taken action to abolish all discriminatory Diversity Equity and Inclusion nonsense ... policies that were absolute nonsense throughout the government and the private sector. America will once again become a merit-based country. Trump also took aim at the WEF’s Green New Deal, which he once again referred to as the “Green New Scam”. It was a rapid-fire ten-minute takedown of the WEF’s globalist agenda while simultaneously a depiction of how, and how quickly, Trump intends to Make America Great Again. Interestingly at the end of this speech he received a massive applause from those in attendance. Notably, during the subsequent Q&A with top business leaders, Trump reeled off his intent to have a good relationship with China, with a priority on the denuclearization of China and Russia...while also leaning on China to aid in ending the Russia-Ukraine war. He said the US will no longer carry trade deficits with Canada unless they want to become the 51st state. But perhaps most notably when Bank of America CEO Brian Moynihan asked Trump a question, Trump finished by telling Brian that I hope you're going to open your banks to conservatives, because what you're doing is wrong. That was a reference to Bank of America, and other financial institutions, instituting what they called “reputational risk scores” through the tracking of purchases and donations which led to the alleged debanking of customers purchasing firearms, religious texts and transacting with conservative political campaigns. A clearly uncomfortable Moynihan simply thanked Trump. Here’s the point. Whether Trump’s actually changing hearts and minds in Davos or simply scaring the crap out of them...
- He’s respected and he’s winning – just as has been the case immediately inside this country. What Trump just did in Davos won’t stay in Davos. Corporate America and governments around the world were put on notice how things are going to be for at least the next four years and once Trump put them in their place, they didn’t push back. What happened yesterday was Trump’s Great Reset, the one that he calls a revolution of common sense. But what’s clear is that Trump is continuing to win over key figures in corporate America. Yesterday OpenAI’s CEO Sam Altman – a key figure in the recently announced $3 trillion+ Stargate AI project, had this to say about Donald Trump in a post on X... Watching @potus more carefully recently has really changed my perspective on him (i wish i had done more of my own thinking and definitely fell in the npc trap). i'm not going to agree with him on everything, but i think he will be incredible for the country in many ways! And that’s the best way to sum up Trump’s first week. It’s increasingly clear that Donald Trump will likely be incredible for this country in many ways. And what’s good for the US will ultimately prove to be good for the rest of the world too...based on what happened in Davos they may even be starting to realize it.