Trump Browbeats Davos Elite to Curb Oil Prices, Interest Rates
- US president addresses world’s business and political elite
- Address pushes tariff threats, calls for lower interest rates
US President Donald Trump said he would ask Saudi Arabia and other OPEC nations to “bring down the cost of oil,” casting the push for more crude output as a way to heighten pressure on Russia and help end the nearly three-year war in Ukraine.
“If the price came down, the Russia-Ukraine war would end immediately,” Trump told world leaders gathered in Davos, Switzerland, on Thursday. “Right now, the price is high enough that the war will continue.”