Nuclear reduction, ending the Ukraine conflict and massive tax cuts: Key takeaways from Donald Trump’s Davos speech

Here are some key takeaways from his speech.

Stopping inflation

Trump began by promising to confront the “economic chaos” caused by Biden’s “failed policies.”

“Over the past four years, our government racked up $8 trillion in wasteful deficit spending and inflicted nation-wrecking energy restrictions, crippling regulations and hidden taxes like never before,” Trump said.

He stated that he has directed his cabinet to “marshal all powers at their disposal” to defeat inflation and reduce the cost of living. He also promised to pass “the largest tax cut in American history,” including “massive” reliefs for workers and families, as well as domestic producers and manufacturers.

Ending the Ukraine conflict, meeting Putin

Efforts to secure a peace agreement between Russia and Ukraine are underway, Trump said, claiming that Kiev is “ready to make a deal.” He called the Ukraine conflict “an absolute killing field,” declaring it’s “time to end it.”

Trump also reiterated that he is willing to meet Russian President Vladimir Putin “soon” to discuss the situation.

The US president pointed to China as being able to help end the conflict. “They have a great deal of power over that situation,” Trump told the forum, saying he envisioned a good relationship with Beijing.

He also urged Saudi Arabia and OPEC to bring down global oil prices. “If the price came down, the Russia-Ukraine war would end immediately,” he said…