Davos 2025: Trump Urges OPEC to Lower Oil Prices, Warns of Tariffs

Davos 2025: Trump Urges OPEC to Lower Oil Prices, Warns of Tariffs

President Donald Trump said he would ask Saudi Arabia and other OPEC nations to “bring down the cost of oil” and reiterated his threat to use tariffs to bring manufacturing back to the US as he addressed world leaders gathered in Davos on Thursday.

Trump also said he would demand an immediate drop in interest rates, which he said had ratcheted up deficits and resulted in what he cast as economic calamity under the tenure of his predecessor, Joe Biden.

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