Trump to Host State Visit for France's Macron

Amos Ben Gershom

Trump said during his 2016 presidential campaign that if elected, he wouldn't host a state dinner until the US was no longer operating at a trade deficit.

But his most important achievement to date has been to change France's image as being a place that is unfriendly to business, said 50-year-old Niel, a serial entrepreneur nicknamed the "French Steve Jobs".

But their relationship began to thaw after Trump accepted an invitation to visit Paris last July for the Bastille Day military parade, a display that impressed Trump so much that he later said he hoped to stage a similar event in Washington on Independence Day.

CEOs or top executives from Coca-Cola, Google, JP Morgan and Alibaba are among those expected. He told participants at the World Economic Forum Annual Meeting: "The objective is very simple and straightforward - make France more competitive, more innovative, in order to finance. a fair system".

French president Emmanuel Macron warned the World Economic Forum (WEF) conference in Davos, Switzerland, that globalisation is facing a "major crisis", joining other world leaders in decrying the increasingly nationalistic policies of some countries.

Amos Ben Gershom
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Under the rubric of investment and capital, Macron highlighted France's corporate tax rate cuts and capital gains tax refunds, measures, which he said, have accelerated France's recovery and "reinforced France's attractiveness".

Macron's "Make Our Planet Great Again" program casts environmental protection as a pillar in reforming the country's economy. He underscored the importance of visibility as critical to guaranteeing predictability, and thus stability.

"If we want to avoid this fragmentation of the world, we need a stronger Europe", he said. He also called for more immediate research.

"In France, we correct inequalities with taxes and norms but without preventing them". Macron said that a "race to the bottom", driven by cutthroat capitalism and tax competition, would lead to the erosion of the common good.

More: Davos 2018: Why do 3,000 of the world's most powerful people flock to a Swiss town?

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