Video The Telegraph. Donald Trump's full speech at Davos World Economic Forum 2025.

Donald Trump used his speech to the World Economic Forum in Davos to attack EU red tape and tariffs. The US president criticised the bloc for treating the US “very unfairly” and taking too long to approve new projects. In his speech, Mr Trump said he had “very big complaints” about the EU and had been impacted personally by red tape that imposed a five-year delay to a business opportunity in Ireland.He also took aim at European tariffs on American exports, complaining that the EU “treats us very, very unfairly – very badly”. “They put tariffs on things that we want to do…they make it very difficult to bring products into Europe,” he said.He accused the bloc of imposing a “form of taxation” on American tech giants by suing Apple and Google.“They shouldn’t be doing that,” he said. “So we have some very big complaints with the EU.”