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Trump Urges Lower Oil Prices, Interest Rate Cuts at Davos
Posted
January 23, 2025
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3:42Now PlayingTrump addresses world leaders at Davos, saying he will ask Saudi Arabia and other OPEC nations to lower oil prices and demands an immediate drop in interest rates.
He threatens to use tariffs to bring manufacturing back to the US and touts plans by companies to invest in the US, including a promise from Saudi Arabia's Crown Prince to expand investments and trade with the US.
Trump also discusses his domestic policies, including undoing Biden-era climate policies, boosting US fossil fuel production, and guaranteeing US energy supply security to Europe. Bloomberg's Nick Wadham's joins to recap on Bloomberg Intelliengence.
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