selling america to the world. president trump is about to address the world economic forum — he's the first us president in davos for 18 years. but problems at home continue to haunt him. the new york times says he ordered the firing of special counsel robert mueller when his lawyer threatened to quit, he backed down. so where does that leave the investigation? remember the diplomatic row over donald trump retweeti ng diplomatic row over donald trump retweeting a far right video? the president says he is prepared to all lies here are on residentjohn. he's going to make a big speech. the american leader will warn

against abuses of global trade law including the theft of intellectual property. he is expected to argue for greater deregulation and the need for tax cuts to promote economic prosperity. reports in america claim you try to remove the former fbi chief robert mueller who is heading an investigation into alleged russian interference in the 2016 presidential campaign. but mr trump said it was not true. fake news. typical new york times fake stories. my typical new york times fake stories. my message is peace and prosperity. and we have a tremendous crowd and a crowd like they have never had before. they told me this is a crowd like they have never had before including all of you people like they've never had before. so that is good. iam they've never had before. so that is good. i am assuming they're here because of you.

he is there at the world economic forum waiting to begin his speech. he is walking up onto the stage at the moment accompanied by officials. here you can see the band behind him as he takes to the podium. he is expected to speak for 15 or 20 minutes. we're told the hall is absolutely packed there. the president will take a seat before he actually begins his speech. he's going to give an introduction there are and you can see all the guard of honour or walking off the stage. just before the president begins on why we listen to this introduction let's have a quick listen to our clip from an interview earlier. he has offered an apology for retweeti ng has offered an apology for retweeting anti—muslim videos that he posted from our far right british group. they strained relationships with britain and he was asked about that in an interview today. let's have a quick listen. it was done

because i am a big believer in fighting radical islamic terror. this was a depiction of radical islamic terror. they were unverified videos. idid not videos. i did not do it. i did a retweet. it was a big story where you are but it was a big story where you are but it was not a big story brian. i get that. this is airing in britain and i want them to get to the real you. i will tell you. the real me as someone who loves written, loves the uk, i love scotland. one of the biggest problems i have in winning, i would be able to get back there so often. i would love to go there. i should know, before this happened i would be there a lot. very special people and a very special place. so i don't wa nt to and a very special place. so i don't want to cause any difficulty for your country that i can tell you. cani your country that i can tell you. can i get an apology out of you just for the retweets? i think it would go along way. here

is what is there. if you're telling me these horrible people, horrible racist people. i would certainly apologise if you would like me to do that. i know nothing about them. and you would disavow yourself of people like that? i don't want to be involved with people like that. you're telling me about these people because i know nothing about these people. a lot of new surrounding president trump this morning. this is the founder of the world economic forum introducing the president. we live in an interdependent world where decisions made by one nation, particularly by the united states, impact all other countries. i believe that today we need to strike the right balance between the necessary rebuilding of national social contacts and at the same time, strengthening our multilateral

syste m time, strengthening our multilateral system to address critical issues such as trade, investment, tourism and migration, to name just a few. mr president, the role of the united states, and your personal leadership is absolutely essential. for this reason your message here has tremendous relevance. of course, i am aware that your strong leadership is open to misconceptions and biased interpretations. so, it is so essential for us in the room to listen directly to you. this forum, as it has done for nearly five decades, should create a place for dialogue, global cooperation and i

quote you, mr president. strong, several nations with different values, different cultures and different dreams do notjust values, different cultures and different dreams do not just coexist but work side by side on the basis of mutual respect. ladies and gentlemen, please welcome the 45th president of the united states, donald trump, to the stage. applause thank you very much. it is a privilege to be here at this forum where leaders in business, science, diplomacy, and world affairs have gathered for many, many years to discuss how we can advance asperity,

security and peace. i'm here today to represent the interests of the american people and to affirm america's friendship and partnership in building a better world. like all nations represented at this great forum, america hopes for a future in which everyone can prosper and every child can grow up free from violence, poverty and fear. if the past year, we have made extraordinary strides in the us. we're lifting up forgotten communities, creating exciting new opportunities and helping every american find their path to the american find their path to the american dream. the dream of a great job, a safe home and a better life for their children. after years of stagnation, the united states is once again experiencing strong economic growth. the stock market is smashing one record after another

and has added more than $7 trillion in new wealth since my election. consumer confidence, business confidence and manufacturing confidence and manufacturing confidence are the highest they have beenin confidence are the highest they have been in many decades. since my election, we've created 2.4 million jobs, and that number is going up very, very substantially. small business optimism is at an all—time high. new unemployment claims are near the lowest we've seen in almost half a century. african american and deployment has reached the lowest rate ever recorded in the united states. —— unemployment. and so has unemployment amongst hispanic americans. the world is witnessing the resurgence of the strong and prosperous america. i'm here to

deliver a simple message. there was never been a better time to hire, to build, to invest and to grow in the united states. america is open for business. and we're competitive once again. the american economy is by far the largest in the world. and we just enacted the most significant tax cuts and reform in american history. we've massively cut taxes for the middle class and small businesses, to let working families keep more of their hard earned money. we lowered our corporate tax rate from 35% all the way down to 2196. rate from 35% all the way down to 21%. as a result, millions of workers have received tax cut bonuses from their employers in amounts of largest $3000. the tax—cut bill is expected to raise the average american's household

income for more than $4000. the world's largest company, apple, announced it plans to bring $245 billion in overseas profits home to america. the total investment into the united states economy will be more than $350 billion is the next five years. now was the perfect time to bring your business, yourjob is and your investments to the united states. this is especially true because we have undertaken the most extensive regulatory reduction ever conceived. regulation is stealth taxation. the us, like many other countries unelected bureaucrats. and we have, believe me, we have them all over the place. and they've

imposed crushing and and tied business and an thai worker regulations on our citizens with no vote, no legislative debate and no real accountability. in america, those days are over. i pledged to eliminate two unnecessary regulations for everyone new regulation. we have succeeded beyond our highest expectations. instead of 241, our highest expectations. instead of 241 , we have our highest expectations. instead of 241, we have cut 22 burdensome regulations for everyone new rule. we're freeing our businesses and workers so that they can thrive and flourish as never before. we are creating an environment that a tt ra cts creating an environment that attracts capital, invites investment, and towards production. america is the place to do business. some come to america, where you can innovate, create and build. i

believe in america. as president of the united states, i will always put america first, just like the leaders of other countries should put their country first also. but america first does not mean america alone. when the united states grows, so does the world. american prosperity is created countless jobs all around the globe. and the drive for excellence, creativity and innovation in the us has led to important discoveries that help people everywhere lives more prosperous and far healthier lives. as the united states pursues domestic reforms, to unleash jobs and growth, also working to reform the international trading system so that it promotes broadly shared

prosperity of awards to those who play by the rules. we cannot have free and open trade if some countries exploit the system at the expense of others. we support free trade but it needs to be fair, and it needs to be reciprocal. because in the end, unfair trade undermines us all. the united states will no longer turn a blind eye to unfair economic practices. including massive intellectual property theft, industrial subsidies and pervasive state led economic planning. these and other predatory behaviours are distorting the global markets and harming businesses and workers not just in the us but around the globe. just like we expect the leaders of other countries to protect their

interests, as president of the united states, i will always protect the interest of our country, our companies and our workers. we will enforce arbitrary laws and restore integrity to our trading system. only by insisting on fair and reciprocal trade, can we create a system that works notjust reciprocal trade, can we create a system that works not just for the us but for all nations. as i have said, the united states is prepared to negotiate mutually beneficial, bilateral trade agreements with all countries. this will include the countries. this will include the countries in tpp which are very important. we have agreements with several of them already. we would consider negotiating with the rest either individually or perhaps as a group if it is in the interests of all. my administration is also

taking swift action in other ways to restore american confidence and independence. we're lifting self—imposed restrictions on energy production and provide affordable power to citizens and businesses, and to promote energy security for ourfriends all around and to promote energy security for our friends all around the world. no country should be held hostage to a single provider of energy. america is pulling back on now is the time to invest in the future of america. we have dramatically cut taxes to make america competitive, we are eliminating burdensome regulations ata eliminating burdensome regulations at a record pace. we are performing the bureaucracy to make it clean. responsive and accountable. and we are ensuring our laws are enforced fairly. we have the best colleges and universities in the world. and

we have the best workers in the world. energy is abundant and affordable. there has never been a better time to do business in america. also making historic investments in the american military. because we cannot have prosperity without security. to make the world safer from rogue regimes, terrorism and revisionist powers, we're our friends and allies to invest in their own defences and to meet their financial obligations. our common security requires eve ryo ne our common security requires everyone to contribute their fair share. my administration is proud to have led historic efforts at united nations security council, tonight all civilised nations in our campaign of maximum pressure to d nuke the korean peninsula. we

continue to call on partners to confront iran's support for terrorists and block iran's pads to nuclear weapons. we're also working with allies and partners to destroy jihadist organisations such as isas, and very successfully so. the united states is leading a very good broad coalition to cut off their funding and to discredit their wicked ideology. i am and to discredit their wicked ideology. iam pleased and to discredit their wicked ideology. i am pleased to report that the coalition to defeat isas has reta ke n that the coalition to defeat isas has retaken the territory once held by these killers in iraq and syria. there is still more fighting and work to be done. and to consolidate these gains we are committed to ensuring that afghanistan never again becomes a save haven for terrorists who want to commit mass

murder on our civilian population. i wa nt to murder on our civilian population. i want to thank those nations represented here today that have joined in these crucial efforts. you are not just joined in these crucial efforts. you are notjust securing your own citizens, but saving lives and restoring hope to millions and millions of people. when it comes to terrorism, we will do whatever is necessary to protect our nation. we will defend our citizens and our borders. we're also our immigration system is a matter of both national and economic security. america is a cutting edge economy. our immigration system is stuck in the past. we must replace our current system of extended family chain migration with the merit—based system of admissions that selects new arrivals based on their ability to contribute to our economy, to

support themselves financially and to strengthen our country. in rebuilding america we are also fully committed to developing our workforce. we're lifting people from dependence to independence, because we know the single best and high poverty programme is a very simple and very beautiful paycheque. to be successful, it is not enough to invest in our economy. we must invest in our economy. we must invest in our people. and people are forgotten the world becomes fractured. only by hearing and responding to the voices of the forgotten can be created bright future that is truly shared by all. the nation's greatness is more than the sum of its production and nation's greatness is the sum of its

citizens. the values, pride, love, devotion and character of the people who call the nation home. from my first international g—7 summit, to the g20 first international g—7 summit, to the 620 summit to first international 6—7 summit, to the 620 summit to the un general assembly, took a peg, to the world trade organisation, today at the world economic forum, my administration has not only been but has been driving error message that we are all stronger when free. sovereign nations cooperate toward shared goals and they cooperate towards shared dreams. represented in this room are some of the remarkable citizens from all over the world. you were national leaders, business titans, industry giants and many of the brightest minds in many fields. each of you has the power to change hearts, transform lives and shape your country's destiny is. with this

power comes an obligation, however. a duty of loyalty to the people, workers, customers, who have made you who you are. so together let us resolve to use our power, our resources and other voices notjust for ourselves but for our people. to lift their burdens, to raise their hopes and empower their dreams. to protect theirfamilies, hopes and empower their dreams. to protect their families, communities, histories and futures. that is what doing in america. and the results are totally unmistakable. it's my new businesses and investment are flooding in. it's why our unemployment rate is the lowest it has been in so many decades. it is why america's future has never been brighter. to date i am inviting all of you to become part of this incredible future we are building

together. thank you to our hosts. thank you to the leaders and innovators in the audience. but most importantly thank you to all of the hard—working men and women who do their duty each and every day, making this a better world for everyone. together let us send our love and gratitude to make them, because they really make our country is run. they make our country is great. thank you and god bless you all. thank you very much. applause president trump giving a 20 minute address to the world economic forum talking about a big sales pitch for the american economy from the

president, talking about how well the american economy is doing, inviting foreign businesses to invest in the american economy, talking about this at the time to be with us on ourjourney as we have this extraordinary boom in the stock market. we talked about unemployment bingo, deregulation, he talked about tax cuts. and he gave that line that we've been anticipating. america first does not mean america alone. but it was very much an american focused speech. we talked about how america's immigration laws needed to catch up the modern—day in order to make the country secure. he talked about the fact he would always put american workers and businesses first. just as you would expect other people would do that. he was the president taking questions. the tax reform was a dream of a lot of people over many years. but they

we re of people over many years. but they were unable to get it done. many people try it. and ronald reagan was really the last to make a card and reform and ours is cutting and reforming. we emphasise cut of the reformers probably almost as important. we wanted to do it. it is very tough politically to do it. at to believe that would be but it is very tough to do it. that is why it has not been done in 40 years. and once we got it going, it was going and the big and i would not say total surprise, but one of the big things that happened and took place is some came out very early and they said they were going to pay thousands and thousands of dollars to people that worked for their companies. in just 300,000, to people that worked for their companies. injust 300,000, 400,000, 500,000 people working for these companies. and all of a sudden it became like a big waterfall. a big beautiful waterfall where so many

companies are doing it. even today they just announced many companies are doing it. even today theyjust announced many more. every day they announced more and more. now it is a viper who will give the most. it started at 1000 and now we have them up to 3000. this is something we did not anticipate. often in business things happen that you don't dissipate. usually that is a bad thing but this was a good thing. this came out of nowhere. nobody ever thought of this as a possibility, even. it wasn't in the equation. we waited and we said waited until february when the cheque start coming in, and people have a lot more money in their paycheque because it is not a little money, it is a lot of money for people making a living doing whatever they may be doing. and we really thought february it would kick in and everybody was going to be. we haven't gotten there yet and it has kicked in. it is having an incredible on the stock market stock prices. we have set 84 records since

my collection. many we hit new highs 84 different times out of a one—year period. in all fairness, that was done before we pass the tax cuts and tax reform. what happened is really something special. as you know about ijust said, apple came in with $350 billion, and i tell you, ispoke with tim cook and i said i would never consider this whole great run that we've made complete until you start building plans in the us. and i will tell you, this moved up very substantially but when i heard 350 thought he was talking $350 million. and by the way, that's a nice sized plant. not the greatest but not bad. and they said, no, sir. it is $350 billion. i said, and they said, no, sir. it is $350 billion. isaid, that and they said, no, sir. it is $350 billion. i said, that is something. we have tremendous amounts of money

including my new—found friends from last night, great companies. they are all investing. when one of the gentleman said he is putting into billion dollars because of the tax cuts i said to myself, while, he is actually the cheap one in the group. because they are putting in massive numbers of billions of dollars. so i think you have brand—new united states. you have a united states we re states. you have a united states were people from all over the world are looking to come in and invest. and there is just nothing like what is happening. i want to finish by... i have a group of people, have a whole lot of them. i went introduced them, no outlets sold at least half of them. a group of people who worked so hard on this and other things. we had a great first year, so successful in so many different ways and it is a tremendous spirit when you look at all of the

you 55’ if? at w, , -, w- 7 you 55’ if? at the ,-, w- 7 african—american unemployment at the low. it is never had a historic low. it is never had a period of time like this. same with hispanic. women at a 17 year low. it is very heart—warming to see. there is very heart—warming to see. there isa is very heart—warming to see. there is a tremendous spirit in the united states. i would say it is a spirit like i have never witnessed before. i've been here for a while. i have never witnessed a spirit that other country has right now. so ijust wa nt to country has right now. so ijust want to thank you all and all of those pouring billions of dollars into our country or $10 and 12 country. we thank you very much. thank you. i will ask you maybe, a personal question. that sounds very interesting. i did not know about this one. i would like to acknowledge a strong cabinet members who tremendously contributed to the discussions. 6ood. to the discussions. good. i would like to do that.

stephen. wilbur. 6ary. robert. even my general and my various other generals, you know. we're making our military protection of little bit better for us, too. thank military protection of little bit betterfor us, too. thank you military protection of little bit better for us, too. thank you very much. does everybody understand that? i think so. thank you all for being here. maybe the personal question would be, what experience from your past have been most useful in preparing you for the presidency? well, being a businessman has been a great experience for me. i have loved it. i've always loved business andi loved it. i've always loved business and i have always been good at building things. i have always been very successful at making money. i would buy some things that were failures and i would turn around, try to get them for the right price

and make them successful and i've been good at it. and that takes a certain ability and historically i guess there has never been a businessman or business person elected president. he had to be a general, but mostly it is politicians. in all fairness, i was saying last night, had the opposing party to me thatjulius and, some of her new bat, some of the people in the room, instead of being up almost 50%, the stock market is alp since my election almost 50%, rather than that, i believe the stock market from that level would have been down close to