Instead, Trump used his Davos speech to proclaim that “the American Dream is back,” and to play up statistics like the low unemployment rate. The president sought to keep the focus on what he called an “economic boom the likes of which the world has never seen.”
Trump spoke hours before senators will take up the rules for the impeachment trial in the Senate. Trump is accused of abuse of power and obstruction of Congress. Democrats accuse Trump of trying to bribe Ukraine into investigating a domestic political rival, Democratic presidential candidate Joe Biden.
The president’s Tuesday at Davos also includes a series of meetings .
In his speech, Trump claimed to have rescued the global economy from recession and saved historic black colleges and universities from bankruptcy; both of those claims are disputed by economists who cited a number of factors for the improved economy worldwide.
Touting his record, Trump cited tax cuts, regulation reductions, immigration changes, and new trade deals involving China, Canada, and Mexico. At times, his rhetoric echoed his re-election campaign speeches.
Trump also repeated his criticism of the U.S. Federal Reserve, saying it “has raised rates too fast and lowered rates too slow.”
After his speech, Trump said he was trying to reach business leaders who might be interested in the United States.
“We had 200 of the biggest companies, plus numerous leaders of different countries,” Trump said. “Many of those people will be coming to make investments in a very large number.”