President Donald Trump promised global elites lower taxes if they bring manufacturing to the U.S. and threatened to impose tariffs if they don’t.

President Trump virtually addressed the audience at the World Economic Forum in Davos, Switzerland. He said countries would have to pay a tariff if they don’t make their product in the U.S.

From the standpoint of America, the EU treats us very, very unfairly, very badly,” Trump said in a virtual address to the World Economic Forum.

The bulldozer approach Donald Trump has deployed since his inauguration on Monday discards an American foreign policy approach in place since 1945. Who will survive, particularly in Europe, a purely ...