President Donald Trump addressed the nation from the James S. Brady Press Briefing Room today, January 20, 2026, marking the end of his first year in his second term as president. The address focused on what the administration considers successes in migration, the economy, and security.
Tariffs and Economic Policy
A central theme of the President’s message was his administration’s policy of tariffs. Trump stated that, despite predictions from critics, these tariffs have not led to inflation within the United States. He also highlighted agreements reached with international pharmaceutical companies that, he claims, have resulted in reduced medication prices.
Furthermore, the President discussed tax deductions for auto loans, contingent on vehicles being manufactured in the United States. He asserted that this policy has incentivized automotive plants from countries including Canada, Mexico, Germany, and Japan to relocate production to the U.S., leading to job creation and industrial growth.
International Relations and Trade
The President’s remarks come as the World Economic Forum is underway in Davos, where political leaders are responding to Trump’s announced trade measures, particularly those linked to support for Greenland. The President shared images on social media depicting an American flag in a snowy landscape with a sign declaring “Greenland, territory of the United States.”
In response to the President’s statements, political groups within the European Union (EU) have decided to suspend the ratification of a trade treaty with the United States.
The President emphasized achievements of his administration, noting that a significant portion of Immigration and Customs Enforcement (ICE) personnel are Hispanic, and also cited progress in the area of security.
Frequently Asked Questions
What issues did President Trump address in his speech?
President Trump addressed issues related to migration, the economy, and security, highlighting what his administration considers to be positive advancements in these areas.
What did President Trump say about tariffs?
Trump stated that his administration’s tariff policies have not resulted in inflation in the United States, contrary to predictions made by his critics.
How has the European Union responded to President Trump’s statements?
Political groups within the European Union have decided to suspend the ratification of a trade treaty with the United States following the President’s declarations.
How will the evolving situation with Greenland and international trade agreements impact global economic stability in the coming months?
