Full story: Trump uses Davos address to accuse oil producers of prolonging Ukraine war
Donald Trump has made a combative return to the world stage, accusing oil producers of prolonging the Ukraine war by failing to cut prices, and threatening tariffs on all US imports.
In a typically blustering online address to the World Economic Forum in Davos, the new president called on Saudi Arabia and the oil-producers’ cartel Opec to cut the cost of oil, in order to choke off revenues to Russia and halt the conflict in Ukraine.
“You’ve got to bring it down, which, frankly, I’m surprised they didn’t do before the election. That didn’t show a lot of love. Surprised by that,” Trump said. “If the price came down, the Russia-Ukraine war would end immediately.”
He added: “They should have done it long ago. They’re very responsible, actually, to a certain extent, for what’s taking place. Millions of lives are being lost.”
That’s all for tonight. GW
During Donald Trump’s speech at Davos, he accused the CEOs of Bank of America and JPMorgan Chase of not providing banking services to conservatives.
With BoA’s CEO, Brian Moynihan, on the stage, Trump declared:
“I hope you start opening your bank to conservatives, because many conservatives complain that the banks are not allowing them to do business within the bank, and that included a place called Bank of America.”
Trump added that what “you and Jamie [Dimon, of JP Morgan] are doing is wrong.
Reuters reports that BofA have pushed back, with a Bank of America spokesperson saying:
“We serve more than 70 million clients, we welcome conservatives and have no political litmus test.”
