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European CEOs at Davos: We’re investing billions in America now that business-friendly POTUS is in White House

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On his first night at the World Economic Forum in Davos, Switzerland, President Donald Trump hosted a dinner for European business leaders who couldn’t have been more complimentary of the president’s policies.

Compliments were the order of the day, as seen when Trump addressed the room before going around the table to allow the attendees the opportunity to introduce themselves.

“Sitting around this table are some of the greatest business leaders in the world, some of the greatest companies in the world,” Trump said. “Probably, I can think of no other place or time where you’ll have executives of this stature.”

Watching the president work the table was an impressive display of a master in his element.

Speaking of his reception in Europe, he said “there’s been a lot of warmth, a lot of respect for our country,” and he spoke of the investments now being made in the U.S. as a result of his presidency.

“And a lot of money, billions and billions of dollars, is coming into the U.S.” Trump said. “And people are very happy with what we’ve done, not only on the tax bill, but also cutting of regulations, and I think also being a cheerleader for our country.”

One by one, in what proved to be a remarkable moment, business leaders from giants like Siemens, Bayer and Adidas praised the recent passage of the GOP tax reform bill and spoke of new U.S.-based investments and strategic business plans that have resulted from this.

“[S]ince you have been so successful in tax reform we have decided to develop the next generation gas turbines in the United States,” Siemens CEO Joe Kaeser told the president.

Bayer CEO Werner Baumann announced a $16 billion investment in R&D over a six-year period, saying 60 percent of that will be in the U.S.

Martian Lundstedt, president of the Volvo group, spoke of a $2 billion investment in R&D. Patrick Pouyanne, chairman of the oil and gas company Total, said they’ll be investing $3 billion in petrochemicals in Texas.

And on and on it went.

An impressive display that amounts to far more than “crumbs”… and to think not a single Democrat voted for the tax reform bill.

A full list of those in attendance, according to the White House press pool, from The Daily Caller’s Benny Johnson:

Kasper Rorsted, Adidas (Apparel)—Germany

Joe Kaeser, Siemens AG (Tech)—Germany

Heinrich Hiesinger, Thyssenkrupp AG (Industrials)—Germany

Eldar Saetre, Statoil ASA (Energy)—Norway

Mark Schneider, Nestle SA (Food and Beverage)—Switzerland

Vas Narasimhan, Novartis AG (Pharmaceutical)—Switzerland

Mark Tucker, HSBC (Financial Services)—UK

Patrick Pouyanne, Total SA (Energy)—France

Carols Brito, Anheuser-Busch InBev NV (Food and Beverage)—Netherlands

Rajeev Suri, Nokia Corporation (Technology)—Finland

Punit Renjen, Deloitte (Consulting)—UK

Martian Lundstedt, AB Volvo (Auto)—Sweden

Werner Baumann, Bayer AG (Pharmaceutical)—Germany

Bill McDermott, SAP SE (Technology)—Germany

Ulrich Spiesshofer, ABB Ltd (Manufacturing)—Switzerland

Tom Tillison


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