President Donald Trump promised global elites lower taxes if they bring manufacturing to the U.S. and threatened to impose tariffs if they don’t.

WASHINGTON - President Donald Trump said on Thursday that the "Golden Age" of America had begun and that it was "back and open for business" while addressing business and political leaders gathered at the World Economic Forum’s annual meeting in Davos, Switzerland.

U.S. President Donald Trump told the World Economic Forum on Thursday that businesses should make their products in the United States if they want to avoid facing a tariff. (Reporting by Katharine Jackson and Caitlin Webber;

In a virtual address from the White House to the World Economic Forum in Davos, Switzerland, President Donald Trump warned global business leaders that if they don’t make their products in the US they will face tariffs.