Trump: Those who don't make their products in the US will face tariffs

President Trump, speaking at the 2025 World Economic Forum, stated that non-U.S.-manufactured products would face hundreds of billions, or even trillions of dollars, in tariffs.
KEY POINTS FROM HIS SPEECH:
Called on global companies to manufacture in America, offering the lowest possible tariff rates
Hopes to reduce corporate tax for U.S. manufacturers from 21% to 15%
Criticized the European Union for high tariffs and strict regulatory controls
Emphasized U.S. potential to supply liquefied natural gas to Europe
Pledged involvement in global oil markets, suggesting OPEC countries would lower oil prices
Regarding Russia-Ukraine conflict, stated the U.S. would genuinely work towards a peaceful resolution
Trump's message centered on incentivizing manufacturing in the U.S. and challenging international trade practices.