President Donald Trump addressed the World Economic Forum on Thursday, promising lower taxes for companies that manufacture in the U.S. while threatening tariffs for those that do not. Speaking via video from the White House on his third day in office, Trump emphasized a strategy to attract global investment by offering competitive tax rates. He stated, “Come make your product in America and we will give you among the lowest taxes as any nation on earth,” but warned that companies opting out would face tariffs that could generate significant revenue for the U.S. treasury.