Donald Trump promises 'tremendous' UK trade increase

Donald Trump promises 'tremendous' UK trade increase

U.S. President Donald Trump attends a dinner with business men and CEO's during the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 25, 2018.

The first sitting US president to visit the World Economic Forum in Davos since Bill Clinton in 2000, Trump helicoptered into the Swiss ski resort and was greeted by hundreds of curious delegates who snapped pictures as he entered the congress center.

Several of the country leaders assembled in Davos have denounced protectionism this week in apparent reaction to U.S. President Donald Trump's new punitive tariffs, and his scepticism towards regional trade agreements. "We love your country; I think it's really great".

Top Trump economic adviser Gary Cohn says the President is going to Davos to "tell the world that America is open for business".

The first American president to visit Davos since Bill Clinton in 2000 will address delegates in a much-anticipated speech Friday, and he is expected to stick to his America First rhetoric.

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The British government said Thursday that President Trump will visit the United Kingdom later this year.

May says terrorists, slave traders and child abusers are using Facebook and other networks easily.

There's growing cohesion among executives - cutting across industry and even geography - that Trump's tax plan is going to deliver massive new investment in the United States, which should, in turn, boost growth and employment.

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Elsewhere in her speech Mrs May said technology companies must to do more to remove extremist content from social networks and called on share holders to care about the social impact of companies.

A poll previous year found that 4% - roughly 2.5 million people - of Britain's population would protest a state visit by Trump.

Davos is "not exactly a sympathetic audience" for Trump, according to William Allen Reinsch of the Center for global and Security Studies.

The Davos elite are keen now to see which version of Trump will show up - the business-friendly tycoon or the leader who berated the rest of the world at the UN General Assembly last September.

Relations had previously been strained not just by Mr Trump's tweets, but by his decision to cancel a visit to London to open the new USA embassy, and by comments he made in the aftermath of the attacks in London and Manchester past year. He is expected to trumpet his recent tax reform package, which saw corporate tax rates slashed in the US, to attract business into the U.S.

Earlier Thursday, U.S. Treasury Secretary Steven Mnuchin (mih-NOO'-shin) said the U.S. stands ready to negotiate an "attractive" trade deal with Britain once it leaves the European Union.

"It just means that President Trump is looking out for American workers and American interests - no different than he expects other leaders to look out for their own".

Meanwhile much-vaunted efforts to reach a bilateral trade deal are on hold until Britain actually leaves the EU.

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