President trumps Upcoming Trip to the World Economic forum in davos, switzerland. This is half an hour. Good to see everyone, thank you sarah. It is great to be here with general mcmaster, my cohort in briefing you guys. As sarah said, we are going to the World Economic forum to share President Trumps economic story and tell the world that america is open for business. Inwant to want to invest america and create jobs for hardworking americans. Trumps economic agenda has released the u. S. Economy and we are growing. His policies have led to a rising stock market, low unemployment and strong gdp growth. The administrations commitment to the regulation and are passing of comprehensive tax reform have helped level the Playing Field for our businesses and our workers. As a direct result, president and taxe tax reform cuts will create jobs, benefit our workers and grow our economy. This story will only get better as we continue to invest and rebuild americas infrastructure. At the World Economic forum, we will reiterate americas commitment to domestic and Economic Growth and prosperity, strength and close ties with other World Leaders and catalyze international is the support for the president s agenda. President trump will reiterate that a pot a prosperous america benefits the world. When United States grows, so does the world. The president will continue to promote their economic competition and will make it clear that there cannot be free trade if the countries are not held accountable to the rules. As the president said repeatedly, america and his Administration Support free and open trade but it is to be fair and reciprocal. Well share about the present schedule and then i will hand it over to general mcmaster to discuss our National Security priorities at the World Economic forum. Departs tomorrow evening. On thursday, he will have a meeting with schaub. The World Economic forum will host a reception to honor the president. Later at night, the president will host a small dinner with select European Companies to share our economic Success Story and to encourage them to continue to invest in america. The attendees run companies that have sizable footprints in the United States. They have invested in our economy and we want them to continue to do so and encourage others to join them. The president looks forward to hearing from the ceos and how his administration can help them continue to grow their businesses in the United States. On friday, he will have more meetings with World Leaders and then he will deliver his speech that emphasizes everything we talking about today. Now i will hand it over to general mcmaster to talk about the meeting. General mcmaster good afternoon everyone. The president will use this travel to the World Economic forum to reiterate his commitment to mutually beneficial partnerships and to economicreciprocal systems. As the president has repeatedly said and made clear in the National Security strategy, at the knot Economic Security is National Security. The president will use this to strengthenvos the effort to do nuclear eyes toth korea, to be isis and stop them from perpetuating violence across the middle east as well as i rans flaws in the Iran Nuclear Deal. The president will meet with Prime Minister may of the United Kingdom for destabilizing behavior, ways to discuss shortcomings in that Iran Nuclear Deal and our shared goal of denuclearize a the korean peninsula. He will also meet with Prime Minister netanyahu of israel. On friday, the president will meet with president kobani of your wanda rwanda. Sharedll discuss priorities including trade and security. With thelso meet president of switzerland, the host nation for the World Economic forum to discuss bilateral investment, Economic Growth and innovation. Theall of his meetings, president hopes to increase Economic Opportunities for the american people, to build partnerships to address Common Security goals and to find new ways of performing international and regional organizations to make them more effective and more accountable. The president looks over to a very productive trip on behalf of the american people, thank you. He said i had to come up in first. We just had a litany of businesses that are going to give back to the american people. To give theair president credit for that . With a have not turned in this otherwise . I disagree with your premise. They had their money, they could have done it last year or the of before. Since we have passed the tax reform plan, all of these announcements have been made and at thelook specifically words in most of these press releases, all of them are talking about the regulatory relief which we saw in the jp morgan announcement and we have seen the tax plan mentioned companies now feel more comfortable about the economic position they are in, they would feel better about the u. S. Economy, they would feel more confident about their earnings and they felt that the lower tax rate allows them to share more of their potential earnings with their employees. I think there is a hundred percent correlation between what we have seen these 200 companies do and what we have done from a regulatory standpoint and a tax policy standpoint. You mentioned north korea, they have said that they are in has theth south korea, president policy led to where we are now . As president has said, is it is the president policy, his ability to rally International Support that has made a significant difference. What you say that is fundamentally different from a year ago is the common commitment across all nations that denuclearization is the only acceptable outcome on the peninsula. Second, the International Community and china in particular do have a great deal ,f course of economic power everyone i can eyes is that we cant repeated mistakes of the past. This will create the illusion of success and talks and to use that to lock in the status quo , the danger isal growing and i think it is important for all of us to recognize the north korean regime for what it is and how great a threat this is to the world. One other thing, on the wage increases, that is obviously coming out of future earnings and the stock grants are Companies Making investments in their future. You, theestion for president is traveling to dive us. How can one swear and America First agenda with those of increasing trade . The president spoke of trade deals and other international off nts they ripped does he believe that all these negotiations and agreements are inherently zerosum . Do other countries have to take a backseat . We canpresident believes have truly winwin agreements, America First is not america alone. I said in my remarks, when we grow, the world grows. We are part of a World Economy and the president believes that, he is going to talk to World Leaders about making sure we all respect each other, we all abide by the laws, we all have free, fair, open and reciprocal trade. In a world where there arent artificial barriers, we will all grow and we will all help each other grow. The president truly believes that, he went to the g7, the g20, he has gone to the u. N. , he , it isked about these the World Economic forum. There have been reports for southeast asia, they are using one of the president s favorite phrases to describe reporting that is not flattering and reflects poorly on their country, reporting into any interest. President trump has made a point of not probably talking about things like human rights and freedom of speech and freedom of expression. Is he concerned at all are you concerned that the president s rhetoric combined with his silence on these issues is creating a climate where authoritarian leaders feel they have free reign to do what they want and the United States will not speak out publicly . It is not true that the act president has not spoken loudly in words and deeds. I would ask you that you go to the speech in warsaw where he talked about the boards of individual lights right and word of law. Go to his speech in riyadh where he said all nations of the world have to come together to defeat this wicked ideology that perpetuates terrorism. I would say look at his u. N. General Assembly Speech where he defined sovereignty as strong summer nations who respect the sovereignty of their citizens and the sovereignty of their neighbors. Look at his deeds in confronting the most brutal dictatorial regime in the world, north korea. How could that not be a human rights issue . What about in syria where the regime committed the mass murder of his own people, what did the president do . He struck a guess that regime possibility to deliver those weapons, how is that not human rights . When the previous policy had done nothing but stricken the grip of that authoritarian regime, there is a new cuba policy which now tries to encourage a more pluralistic economy and Different Power Centers within cuba that can better protect the right of the cuban people. Over the president has said and done on venezuela, the list goes on, this premise, this false premise that the president hasnt spoken on human rights, it is demonstratably false in words but also in deeds. Thank you for that question. There has been a lot of talk about you going back into the military, can you tell us if you plan on staying . I have a job, it is a tremendous honor to do this job every day to advance and protect the interest of the american people, to do my best to provide options to our president and assist with education of those decisions. I have a job and it is my intention to go as long and hard as i can in service of the president and the nation and this job. Thank you. I was wondering if you could about wanted to make sure i understood what went into the president s decision to go to davos. President first city to go since 2000. A lot of what this form is about is going against the populist America First agenda. Again, America First, not alone. He is very proud of the competence he has created in his first year with the gdp growth, the unemployment numbers, what is going on in the stock market, what we have done on tax reform, we are competitive today. We are competitive with the rest of the world. To speakdent is going to World Leaders about investing in the United States, moving businesses in the United States, hiring American Workers, changing the direction of our economy to be one of the biggest and best and most efficient economies in the world. The president has done that and that is what he has talked about. He is firmly committed to keep doing that and be the best toesperson United States has drive Economic Growth and drive prosperity and drive a better quality of life for american citizens. You talked a great deal about some of the positive economic numbers, can i get you to drill down on workforce Participation Rate. , think i heard to see 2. 8 what can or is then ministration doing to get that number of 270, 75 and higher. Italked about it thought about the first friday of every month when the unemployment number comes out, weve had to really disappointing components of the Unemployment Rate report, not just this year but the last 345 years. We have had no wage growth in the United States and our Participation Rate has remained stagnant at best. Part of our tax reform plan was to get people back into the workforce. We need to create more jobs. By creating a tax system that allows us to compete locally with the rest of the world, we are now at a 21 corporate rate, we are at a very effective rate for personal businesses that allow them to compete with the rest of the world. When you compete against the rest of the world, you grow your business and higher people. When you hire people, you compete for labor. To see wage growth in this country, something we havent seen in almost a decade. As we see wage growth, we will make it economically realistic for people to come back into the workforce. It will make sense for them to come back in the workforce, the alternative cost of staying out of the workforce will be way too high once we start seeing wage growth. The big catalyst for everett and we are doing is to create better jobs, higher paying jobs, bring more people into the workforce and grow our economy and tax at a broader base. That is what our whole premise is based on and so far, the very early data looks very good so we are excited about where we are going. Today, the president announced new tariffs and the Prime Minister of canada announced a big trade deal, what you said to critics argue the up thent is giving United Statess seek at the level table. I disagree. Individual companies who tried various remedies. If you read the cases, it is extraordinary what these companies had to do to protect american jobs and American Workers against unfair practices from other countries. You finally see Companies Bring cases in a bipartisan system, they go through the system, it goes up to the ustr, the ustr makes a recommendation based on a bipartisan committees recommendation and the president makes a final ruling. Make the u. S. Competitive and help us grow our economy, it happens on the washing machine side, both of the companies that have been ating enormous problems they will open up manufacturing facilities hiring over 1600 workers, that is what the president was to see, he was to see Companies Moving to the United States to build their products in the United States. Ultimately we are getting the outcome we want to get, on the solar panels, he left and a a lot of latitude in that decision this we actually have business, we are protecting our panel makers. We should continue to make panels. What you make of canada are you not concerned that the ministration is giving up the United States . The president said this through his agent trip, we are very open to free, fair, reciprocal trade. If you treat us one way, we will treat you the same way. If you have no tariff, we will have no tariff, if you have a tariff, we should have a reciprocal tariff, it is hard to argue against that they would should treat each other equally. That is our trade premise. A year ago, president she xi maede a big splash. Trump going to make any effort to counter that . Is his appearance here any effort to counter that . His appearance is there to sell is a compass meds to remind the world that we are open for business, that we are a competitive country, that we have made america very competitive and that everyone should understand what his he has a compass in his first year and what we will continue to accomplish in the next three remaining years, the ceos were having dinner, they are europeanbased companies with large presence in the United States, there is no reason those president should be much larger. What do they need to have more of their business in the United States, he is doing exactly what he should be doing to grow our economy and create jobs in the United States. There were a lot of people saying that it was because the president pulled back. The u. S. Is pulling back from nothing. The president talked about trade willingnessnd his to have bilateral trade agreements with many of the countries he visited in asia and were more than willing to have bilateral trade agreement. I would like to get both of its talk about the african withng, it deals immigration in light of all the controversy of immigration and the red alleged racist comments that were made, can you both talk about that and how you help the upset African Leaders. The president will be building on a very successful meeting with African Leaders and it was in that meeting and some remarks that could have received broader attention. He laid out the very clear direction for a relationship with the african nations in particular, the need is obvious, for us to Work Together on issues of security. Our interests overlap completely terrorists organizations and others trying to polarize societies and create it is as of violence, grave threat to security and also prosperity as a result. Our interests overlap and encouraging American Investment in africa and African Investment in the United States, the president and in ministration have it out a very clear vision for how we want to evolve our economic relationships and our Development Initiatives in africa in particular. Africa is the Perfect Place for us to transition from delivery of assistance to robust trade and economic relationships that benefit the people of the United States and the people of africa. As you know, there have been tremendously successful programs. This shows the power of when the United States works with key African Leaders and communities to take on threats that are health involved but also you see tremendous security operation over time. There is a lot of good to be done there. Especially because the president union,g into the african it will be a discussion of how to advance a mutual agenda in of the continent and the United States. How would you characterize that relationship . , the decision of the president to pull out of his trip to the u. K. The next month, do you think there will be a fresh arrangement made for the future . He is prioritizing because we do have a special relationship, it is a special relationship not only in words but it is how we Work Together on every issue, it is very, very hard to find a place where our interests dont overlap almost completely with those in the United Kingdom and we are working together in a very effective manner, at the u. N. For example, some of these sense,s in a bilateral the president will talk about those key topics of mutual concern, you can imagine what obviously, there is no diminishment, only growth in strength of our relationship and cooperation with a great ally. I will go to you, you and then back here. Can you tell us what bilateral treat trade agreement are in the works right now . We have ambassador light heiser working on a bunch of different agreements. He is also involved in nafta, and after renegotiation, we are also having conversations with korea on renegotiating some of the terms in korea. He has a lot on his plate. There are some new discussions we are starting to work on so i am not im going to let investor light heiser handle his negotiations. A less questions . Any last questions . Tomorrow, you will get a question about the tariffs put in place. Isnt this just hurting American Consumers who want to go by washing machines and solar panels they will pay a higher price at the store . How do you answer that . On the washing machine situation, both of these copies are opening manufacturing plants. They will hire a thousand new employees there. They will be manufacturing washing machines here in the United States, we do have a very large the mastic manufacture of washing machines so when we have looked at it, we study this quite extensively and i said this is a very rigorous process that went through a bipartisan committee, they made a recommendation than the trade ambassador held hearings as well, he made a recommendation and then there was a stance of meetings with the president , the president understands that and he understands the importance to the economy and the price of consumer goods to consumers. We have taken that all into account as he made the decision, the president cares enormously about growing the economy and keeping the economy on the right track and making sure our consumers have the best opportunity possible. He also cares very much about the workforce in the United States and making sure we create a great job environment and create workforce participation and create we create wage growth. Thank you very much. You have been to davos alot. I dont think a president has been there before. What you think you will find a that he would not expect . 14 feet of snow. I have never seen 14 feet of snow but it is interesting to say. Cspan,g up tonight on mike pompeo on the middle east, north korea and russia then, former Vice President joe biden speaks on u. S. Russian relations. After that, President Trump imposes new tariffs on certain imports and later, an update from the white house on the president has Upcoming Trip to switzerland for the World Economic forum. Next, remarks by cia director mike pompeo on National Security threats, he also talked about the Daily NationalIntelligence Briefings to give the president. From the American Enterprise institute, this is about an hour. Good morning everybody. Welcome to the American Enterprise institute. It is really an honor for us to welcome the director of the Central Intelligence agency, mike pompeo to aei for the first time in this current role. Im going to read your bio, this is something i dont always do. Raise through but i sat down and looked at the directors bio and i was really a impressed. Im going to read it and embarrass you. Someone in as director of the cia in january of 2017, he was a the committee on intelligence and c