President says the tax bill allows full expensing of new investment for a ten-year window

President Trump spoke at a reception of business leaders held around the World Economic Forum, praising the U.S. economy, investment inflows, and his administration's policies. He credited tariffs and tax changes for encouraging corporate investment (citing Apple and Toyota), argued that immigration enforcement and law enforcement have improved public safety in U.S. cities, and said his administration had ended "eight wars" while describing ongoing international casualties. He also described tax rules that allow accelerated write-offs, discussed workforce automation (robots), and thanked those working on various policy issues.