US President Donald Trump said today that he would ask Saudi Arabia and the Organization of the Petroleum Exporting Countries (OPEC) to reduce the price of oil and would invite Riyadh to increase the planned investment package for the United States from the initial $ 600 billion to $ 1 trillion, Reuters reported, quoted by BTA.
"If the price of oil decreases, this will put an immediate end to the war between Russia and Ukraine. "The price is high enough right now and this war is going to continue - we have to bring it down," he said in a video message to the World Economic Forum in Davos.
Trump also said that companies should manufacture their products in the United States if they want to avoid tariffs. According to him, if they produce their goods in the country, the corporate tax will be reduced to 15 percent.
He also stressed that he would demand an immediate reduction in interest rates and that other countries should follow the United States.
"With the fall in oil prices, I will demand that interest rates fall immediately and they should fall in the same way all over the world," Trump emphasized in his address to the Davos forum.
The American president also said that he guaranteed the supply of liquefied natural gas to Europe, but added that the EU treats the United States badly and this makes it difficult to import American products into Europe.