henry kissinger and george schultz and former deputy secretary of state richard armitage testified before the senate armed services committee. see live coverage at 10:00 a.m., here on c-span. president trump arrives in switzerland on thursday and friday he addresses the world economic forum at davos. he is the first sitting president to address the forum since president clinton. we have live coverage, beginning at 8:00 a.m. eastern on c-span 2. >> president trump imposed trade on solar panels and washing machines. he says this will benefit the u.s. jobs market and workers. veryd trump: thank you much. i am thrilled to sign a very

important executive action to protect american jobs and american workers. yourpreciate, bob, efforts. you have worked so long and for much time with our team. i am taking action to oppose safeguard tariffs on imported residential washing machines and products. my administration is committed to defending american companies, and they have been , workers and jobs all over this country. today i am directing the ambassador to continue supporting industry discussions, to result duties of these and

similar products within the u.s. and china. we support a resolution that is in the interest of american workers and also the american consumer. we are going to benefit our consumers and create a lot of jobs. our actions today continues to create jobs in america for americans and will provide a strong incentive for lg and sams ung to build major manufacturing plants for washing machines here in the u.s. this, a lot of manufacturers will be coming to the united states to build washing machines and also solar. both these executive actions uphold the principle of fair trade and demonstrate to the world that the united states will not be taken advantage of any more. our companies will not be taken advantage of any more. and our workers will have a lot

of really great jobs with products that will be made in the good ol usa. that is what this is all about. i'm going to start signing. we will go here first. this is to facilitate positive in justman for imports of large residential washers and washing machines, etc.. thank you. it is a very big industry and you will have a lot plans built in the united states. never have, unless we did this. the industry, a lot bigger than people understand. solars similar, but for products, so we will be making

solar products now much more so in the u.s. our companies have been decimated and those companies will be coming back strong. so, this is panels and products, solar, potentially a great industry in this country and now we will be making it in the u.s. a lot of workers, a lot of jobs. these are our letters to the speaker of the house, essentially saying, let's go. we're done. we're ready. this will start very rapidly.

ok, this, to the speaker. think i will give this pen to mr. robert lighthizer, where as you know, we are negotiating a new deal of nafta. we are negotiating our deal with south korea, which has turned out to be a disaster for this country. it was supposed to create 200,000 jobs and it lost 200,000 jobs. we are negotiating and nafta is moving along well. i am of the opinion that if it does not work out, we will terminate it. but i think you are doing pretty well, bob. so, we will see how it all works out. we will be doing other trade deals and are in the process of negotiating with other countries, all of which have treated us unfairly. we have poor representation

within our factories and that is stopping. you are seeing what is happening with the stock market. people are appreciating what we are doing. the biggest they would have done is regulation, followed closely behind by the greatest tax cuts in the history of our country, fall think regulation will with that. a lot of people are watching us. i'm going to davos. we will be talking about investing within the u.s., people coming and spending their money in the good old usa. we have massive amounts of money coming in. apple announced they will spend $350 billion in the u.s., which i believe is the largest amount ever invested in this country by a company. $350 billion and jobs all over the country. they will build a magnificent campus. we other companies coming in.

i have been called by at least 10 major executives and they will be announcing very shortly major investments in the country and major investments for the people of our country really, almost more than anything else being jobs. so, we are bringing business back to the united states for the first time in many years and many decades. we are really proud of it. that is why the stock market is reacting the way it is. much.you all very thank you. no, i'm not at all. no, i didn't, but i and not at all concerned. -- but i am not at all concerned. no, we didn't at all. not even a little bit. he is going to do a good job. we are looking at it. we are looking at a lot of things. let's see how it all works out. [indiscernible]

donald there will not be a trade war. there will only be stock increases for the companies, which you saw today, and when you look at the washing machine companies, that is what happened today. you will have people getting jobs, and we will make our own items again. thank you. ask thank you. -- >> thank you. [captions copyright national cable satellite corp. 2018] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] announcer: president trump will be in davos, switzerland, and we have an update during the trip. the white during house briefing. this is just under 30 minutes. good to e