Jan 26, 2018

Trump makes the business case for America in Davos speech

Photo: Fabrice Coffrini / AFP via Getty Images

President Trump made his America-first pitch at the World Economic Forum in Davos today, touting the strength of the U.S. economy, telling the other world powers: "There has never been a better time to hire, to build, to invest and to grow in the United States."

Why it matters: Trump used the speech to reaffirm America as the leader in the global economy, but kept with his administration's motto in assuring the other countries that "America First does not mean America alone."

Key quotes:

  • "American is the place to do business ... when the U.S. grows, so does the world."
  • "We will enforce our trade laws and restore integrity to the trading system. Only by insisting on fair and reciprocal trade can we create a system that works not just for the United States but for all nations."
  • "The U.S. is prepared to to negotiate bilateral agreements ... this includes the countries in TPP, we would consider renegotiating with the rest, either individually or perhaps as a group, if it is in the interest of all."
  • "To be successful, it is not enough to invest in our economy, we must invest in our people. When people are forgotten, the world becomes fractured. Only by hearing and responding to the voices of the forgotten can we create a bright future that is truly shared by all."

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Sen. Bernie Sanders speaks in San Antonio last night with his wife, Jane. Photo: Eric Gay/AP

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The big picture: The campaign alleges that the process of integrating early votes on caucus day was “plagued with errors and inconsistencies,” and says it received more than 200 incident reports from precincts around the state.

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Coronavirus threat grows, threatening some drug supplies

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As the novel coronavirus continues spreading globally and China grapples with a limited production capability, there's a growing risk to about 150 prescription drugs in the U.S., sources tell Axios.

The big picture: The coronavirus has spread to more countries, with both South Korea and Italy stepping up emergency measures amid rising case numbers on Sunday. COVID-19 has killed at least 2,467 people and infected almost 79,000 others, mostly in mainland China.

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