Highlights: Trump's speech from Davos as he comments on crypto and tariffs ...Middle East

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Highlights: Trumps speech from Davos as he comments on crypto and tariffs
Repeats talking points about a 'golden age' and 'revolution of common sense'Biden totally lost controlTotal gov't spending is $1.5 trillion higher than projected when I left office"It was the highest inflation in the history of our country"I terminated the "green new scam"We're going to let people buy the car they want to buyThe US has the largest amount of oil of any country on earth and we're going to use itWe will be the world capital of AI and crypto

Bitcoin rallied on his comment about being the world capital of crypto.

Congress will pass the largest tax cut in American historyIf you don't make your product in America, you will pay a tariffEconomic conference is soaring like we've never seenI'm going to ask Saudi Arabia and OPEC to bring down the price of oilIf the price of oil came down, the Russia-Ukraine war will end immediatelyWith oil prices down, I will be asking that interest rates drop immediatelyI'm going to ask all NATO nations to increase defense spending to 5%

The comment on tariff sounded like he's set on it.

    The oil comments are hard to square as dropping the price of oil certainly isn't going to incentivize more US production.

    This article was written by Adam Button at www.forexlive.com.

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