Donald Trump calls on OPEC to sell global oil prices

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Donald Trump called on OPEC to reduce global oil prices and insisted that the global banks later reduced interest rates.

In a speech to Davos's executives on Thursday, US President urged Saudi Arabia and other producers to reduce the cost of crude oil and was frustrated that they had not yet done so.

“I want to invite Saudi Arabia and Opec to reduce the cost of oil. You must put it down. Frankly, I am surprised that they did not do anything before the election.” Trump said.

He said: “The current price is high enough that the war will continue.” He refers to Russia's comprehensive invasion of Ukraine, and hints that rising oil prices can help maintain a war machine in Vladimir Putin.

“You must reduce the price of oil, which will end this war. You can end this war,” he added.

Trump said that as the price of crude oil declines, he will “require immediately interest rates. Similarly, they should give up worldwide. The interest rate should follow us.”

Since the early this week, the US President has appeared on the World Economic Forum through the video on the World Economic Forum.

He insisted that companies around the world produced their products in the United States or faced high tariffs on imported goods entering the US market.

Trump touted his economic agenda that he was restrained and relaxed, and plans to implement the “largest tax reduction in American history.”

His comments on oil prices were published after he talked with Saudi Crown Prince Mohammed Bin Salman on Wednesday. During the conversation, Bin Salman promised to invest as much as $ 60 billion in the United States in the next four years.

But on Thursday, Trump said that he would ask “a great crown prince to clarify it to about 1Tn.”

After Trump's comments, the price of Brent crude oil dropped by 1 %, exceeding $ 78 per barrel. Long -term decline in oil prices may damage Liah's ability to provide more investment in the United States, and make it more difficult for American drillmen to quickly increase crude oil supply as Trump wants.

The President of the United States also touts the advantages of “good, clean, coal” to the power data center required by artificial intelligence. Trump said: “We need to double the energy in the United States to make AI as big as we want.” He added that he would use emergency laws to speed up the construction of new power plants.

He said: “Nothing can destroy coal, not weather, not bombs, nothing.” Pipyi's stock price of the largest coal company in the United States rose 4 %.

Trump also actively talked about his relationship with Chinese President Xi Jinping, blame his predecessor Joe Biden on the tension between Washington and Beijing, and expressed the hope that China would help China to end the Ukrainian war. hope.

Trump said, “We just want to be fair.” He added that he was seeking a fair competitive environment with China. When things stand, he added that this relationship is “unfair”.

Trump also criticized the European Union to describe Brussels' fine on US technology companies that violate competition rules, which is a “tax form”.

Trump said: “They are American companies. As far as I am concerned, they should not do this.” “This is a form of taxation. We have a lot of complaints about the European Union.”

The British “FT” reported on Tuesday that Trump threatened to double the tax rates of foreign citizens and US companies to levy “discrimination” for American multinational companies.