s of two major german call parades asap and siemens trump discussed his america first policy. trump started his visit by hosting an informal dinner for a group of some of europe's most powerful business executives and justice had been expected he wasted no time in listing his achievements for corporations i just want to say that there's been a lot of war a lot of respect for our country and a lot of money billions and billions of dollars coming into the u.s. and people are very happy with what we've done not only on the tax bill but also cutting of regulations and i think also prematurely or for a country you know if you're not a cheerleader for your company or for your country. no matter what happens or sack you don't work and that's what i did and that's what my whole group is so about his audience included top executives from corporate giants including nakia volvo bya and siemens the business leaders seated around the table describe to trump what their companies were doing in his make america great campaign trump is due to give the closing address later today of just over fo

siemens trump discussed his america first policy. trump started his visit by hosting an informal dinner for a group of some of europe's most powerful business executives and just as had been expected he wasted no time in listing his achievements for corporations i just want to say that there's been a lot of war a lot of respect for our country and a lot of money billions and billions of dollars coming into the u.s. and people are very happy with what we've done not only on the tax bill but also cutting of regulations and i think also prematurely or for a country you know if you're not a cheerleader for your company or for your country. no matter what happens it's not going to work and that's what i've been and that's what my whole group is about his audience included top executives from corporate giants including volvo bya and siemens the business leaders seated around the table describe to trump what their companies were doing in his make america great campaign trump is due to give the w.t.f. a closing address later today of just ove

and siemens trump got straight down to business the eagle had finally landed president trump's arrival in davos was perhaps the most eagerly anticipated moment at the world economic forum so far but not everyone was pleased to see him there. he started his visit with an informal dinner with a group of some of europe's most powerful business executives and just as had been expected he wasted no time in pushing his america first agenda congratulations i just want to say that there's been a lot of warmth a lot of respect for our country and a lot of money billions and billions of dollars is coming into the u.s. and people are very happy with what we've done not only on the tax bill but also cutting of regulations and i think also prematurely or for a country you know if you're not a cheerleader for your company or for your country. no matter what happens it's not going to work and that's what i've been and that's what my whole group has been so his audience included top executives from corporate giants including nakia volvo and siemens the business leaders seated around the table introduc

president donald trump one german paper remarked they were like schoolboys eager to impress their master. siemens head promised a mess of investment in the new gas turbine development project in the us you work for. trump's reaching tax reform sound very appealing to some german see those. siemens does robust business in the u.s. doing more than a fifth of its id three billion euros of turnover there in the last financial year the u.s. accounted for seventeen billion euros. cases offered to expand operations in the u.s. has drawn fire at home because in germany thousands of siemens workers will soon be out of a job the company used to shed seven thousand workers worldwide half of them in germany mainly in gas turbine production in the locations threatened by downsizing or closure there's real anger the company boss has so far been unmoved and that's unlikely to change at the a.g.m. . now for more let's cross over to daniel kolb standing by at the frankfurt stock exchange daniel we see somewhat of a mixed picture here siemens overall quarterly earnings are up but profit in the important industrial

that was due to his presidency certainly a lot of companies like germany siemens want to boost their u.s. investments because of trump's latest business friendly tax reforms. it wasn't only about the global economy but also its challenges and wealth play and gender inequality. topics like sexual harassment gender inequality power and injustice were more prominent than ever before in davos this year's event was chaired by seven influential and globally renowned women alongside zero men my hope is that we can collectively demonstrate as has already begun actually that even without testosterone we can actually produce positive constructive energy to deliver solutions that's my goal. men's dominance has repeatedly been a source of discord in davos this year only twenty one percent of the participants are women. and many of them feel more progress is needed and faster. we can make sure that all girls get access to quality education that will be a huge step for these girls and also we need to make sure that no children get married too close a gender gap we need to tackle economic inequality because all these gnomes in societ

trump: we said it, right? we said it. by the way, when he says he works for siemens, he's the president of siemens. but that's okay. that's a good way of saying it. go ahead. >> we work for our country, yes. same thing. pres. trump: you're doing really well, as a matter of fact. investing quite a lot into the country. and since you have been effective with the tax reform, we decided to -- [inaudible] >> that's a big thing, really big. >> it is. >> where will that be developed? >> charlotte. >> charlotte, great. that's fantastic. well, thank you, on behalf of charlotte, thank you very much, and our country. >> thank you. >> mr. president, thank you for having me. on behalf of 265,000 employees across the globe, 70,000 in the u.s., thank you again for having us. >> great company. thank you very much. great job. >> mr. president, thank you for the invitation. nestle was cofounded by americans who moved to switzerland after the war. today we employ 50,000 people in the united states. we operate 77 plants. almost everything we sell is locally made. we are excited about what's going on. pres. trump: and people think of ne

helena come back to that and don't trump have dinner with high profile european business leaders last night the c.e.o.'s of siemens. for example in his speech he said he had made fifteen new friends last night and somewhat diffuse the spoke of billions of dollars of investment promises did you hear anything that could corroborate that. billions and billions is what we had that point hammered home in that speech now we haven't heard any firm investment pledges in terms of numbers yet but we did see from the footage following that dinner last night was s.a.p.'s the millions totality it's congratulating chum for the tax reform saying that they would now invest we haven't got a figure on that at the moment but chump did point out that apple had already pledged to invest three hundred fifty billion u.s. dollars following that tax reform we also know that toyota and chrysler haven't acted similar measures so hopefully the chump administration will be waiting i'm sure for pledges that all similarly grand. well he. boasted in his speech of low unemployment a boy in record breaking stock market and rising business and cons

on thursday evening president trump hosted a dinner for the bosses of europe‘s top companies, the likes of nestle, siemenss all to convince them to invest more money in the us. i just want to say that there has been a lot of warmth, a lot of respect, for our country, and a lot of money — billions and billions of dollars is coming into the us, and people are very happy with what we‘ve done. not only on the tax bill, but cutting of regulations and i think also being a cheerleader for our country. you know, if you are not a cheerleader for your company or your country, no matter what happens it‘s not going to work. a country is much like a company, from his perspective. sally of course is in davos. soaking it allup! soaking it all up! regardless of the talk about protectionism, the us is still the place that 70 companies wa nt to still the place that 70 companies want to get their money into. indeed. they want a piece of the action. the us economy is doing very well, as you just said. anand shall markets have had such a long stellar run markets have had such a long stellar i’ui’i “ markets have had such a lo

trump: we said it. all right? and by the way when he says he works for siemens he's the president of siemens but that's okay. we work for our country. >> [laughter] president trump: i agree, same thing and siemens is doing good? >> we're doing really well actually matter of fact we're investing quite a lot into the country and since you have been here with the tax reform we decided to develop a connection for that. president trump: oh, that's a big thing, that's very big. >> it is. president trump: where will that be developed? >> charlotte. president trump: great that's fantastic well thank you on be half of charlotte thank you very much and our country. >> thank you. thank you mr. president. president trump: yes? >> mr. president thank you for having me. i'm fro deloitte on be half of 26 5,000 employees across the globe 70,000 in the u.s. , thank you again for having us. president trump: great company thank you very much. great job. thank you. >> mr. president thank you for the invitation. mark schneider ceo of nestle. nestle was co-founded this is something few people know by american progress who moved t

trump's far reaching tax reforms sound very appealing to some german see those. siemens does robust business in the u.s. doing more than a fifth of its ivy three billion euros of turnover there in the last financial year the u.s. accounted for seventeen billion euros. cases offered to expand operations in the u.s. has drawn fire at home because in germany thousands of siemens workers will soon be out of a job the company used to shed seven thousand workers worldwide half of them in germany mainly in gas turbine production in the locations threatened by downsizing or closure there's real anger the company boss has so far been unmoved and that's unlikely to change at the a.g.m. . you may or may not have a samsung smartphone but no matter what brand it is many phones are full of samsung chips and that is what's driving record breaking profits at the south korean giant slashing galaxy smartphones may get all the glory but revenues there were down percent to around eleven billion dollars on top of strong demand and samsung says it expects demand for its chips to remain strong

helena come back to that and don't trump had dinner with high profile european business leaders last night the c.e.o.'s of siemens added us to syncro for example in his speech he said he had made fifteen new friends last night and somewhat defused he spoke of billions of dollars of investment promises did you hear anything that could corroborate that. billions and billions is what we had that point hamad he pees even totality it's congratulating chum for the tax reform saying that they would now invest we haven't got a figure on that at the moment but chump did point out that apple had already pledged to invest three hundred fifty billion u.s. dollars following that tax reform we also know that toyota and chrysler haven't acted similar measures so hopefully the chump administration will be waiting i'm sure for pledges that all similarly grand. well he. boasted in his speech of low unemployment a boy in record breaking stock market and rising business and consumer confidence as if it all was his doing i mean while his tax cuts are widely praised in the business world isn't he just lucky to ride a bullish stock mar

siemens discussed his america first policy. of just over four hundred speeches delivered at the world economic forum the one from u.s. president donald trump is set to attract the most attention he's scheduled to deliver the closing address and he's already confident of a positive image caption. i think it's going to be very well received it's a very positive press the united states is doing fantastically well better than we've done in decades the stock markets are incredible business is it coming back into the united states i think it's going to be a great message that people are going to like hearing ok thank you kyra thank you rick i think it is your credit crunch started his visit by hosting an informal dinner for group of some of europe's most powerful business executives he wasted no time in listing his achievements for corporations to asians and i just want to say that there's been a lot of war a lot of respect for a country and a lot of money billions and billions of dollars coming into the u.s. and people are very happy with what we've done not only on the tax bill but also cutting of regulations and i think also be a cheerleader

josef kaeser, the siemens ceo, one of the most influential global ceos here, also a veteran. we talk about protectionism. , whoard president trumprrived this morning, talking about terrace on solar panels, washing machines. do you worry that 2018 is the year of protectionism? the jury is still out, but the fact that he comes to davos, global trade, global economy, maybe a good time to reconsider that global trade is maybe a better way to go. time will tell. forcine: what does it mean your supply chain, do you need to look at it, do you move things around, doesn't take a big lead time? josef: at the end of the day, the white house is not buying our products, it is our customers in the u.s. a $24 billionhave revenues in the u.s., 60,000 people working for our customers every day. bit more mindful about is how our customers are being affected by potential limitations of the trade, so we need to see who is affected, how we can help them, what this means for the global supply chain, trading of goods and services. you see theere do most strength when you look at the global economy, where do your customers do better? the u.s. seems to

trump met with ceos it was cordial but distant. it was not. it was extremely friendly. they were around the table, siemens, anheuser-busch, huge companies. deloit. they said congratulations on your tax bill and getting that through, that's terrific. then they said -- and we're coming to america. we're going to invest $2 billion. we'll have 10,000 jobs here, there, charlotte. it was a tribute to the president's leadership and i'm glad we saw it live because i'm worried how it may be reported otherwise. >> martha: whenever he has these meetings i turn them up because i find it interesting to read the natural interaction and the body language. lots of smiles and he's inquiring with them about their companies, what percentage is this your company represents. and it reveals he wasn't walking into a globalist lion's den. he had this meeting in mind when he went there in the first place. >> and these people weren't offended by america first. they know america strong means strength for the world. if america isn't strong, who is strong? do you want a stronger china than a stronger america? i think they very much welcome that. it was very good to

trump sitting down for dinner earlier this evening. european time with european business leaders in davos, switzerland. guests include executives from siemen'sratulated him on the tax cuts he recently signed into law. >> i just want to thank everybody. the receptivity we've had an the united states has had being here has been incredible sitting around this table are some of the greatest business leaders in the world some of the greatest companies in the world >>> meantime, a senior palestinian official says peace is off the table if president trump insists on recognizing jerusalem as israel's capital in response to mr. trump's threat to withhold aid money to the palestinians until they return for peace talks. >>> "the washington post" reports that the guggenheim museum turned down the trump's request to borrow a painting by vincent van gogh for their private living quarters. instead, the curator offered this, an 18 karat fully functioning solid gold toilet. critics have described the toilet as satire aimed at the excess of wealth in the country. i would call it a royal flush. that is the cnbc news update at this hour. sadly, i have to hand i