US President Donald Trump delivered a virtual address at the World Economic Forum on Thursday, held in Davos, Switzerland. He engaged in a discussion with prominent business leaders, including Bank of America CEO Brian Moynihan and Blackstone Group CEO Stephen Schwarzman.
Trump already gave Davos a taste of what is to come since his inauguration on Monday, which coincided with the WEF’s first day: tariff threats against Mexico and Canada, the US withdrawal from the Paris climate pact,
In 2017, weeks after Donald Trump’s first presidential election victory, Xi Jinping became the first Chinese head of state to address the World Economic Forum in Davos, Switzerland — winning applause as he inveighed against protectionism and declared that a trade war would hurt both sides.
Trump, on his first day in office, suggested he may do just that. Trump has threatened to impose 25% tariffs on all goods from Canada and Mexico on February 1 in response to what he views as inadequate border security failing to stop drugs and migrants from coming into the United States.
Trump's virtual appearance at the World Economic Forum annual meeting in Davos was full of promises and threats.
Dimon's comments Wednesday come as Trump has threatened to impose a 25 percent tariff on products from Mexico and Canada by February 1 and a 10 percent tariff on Chinese imports. Earlier Wednesday, Trump also teased the notion of imposing "taxes, tariffs, and sanctions" on Russia if it doesn't end its war against Ukraine.
U.S. President Donald Trump will speak remotely at the World Economic Forum on Thursday in Davos, Switzerland, and hold a discussion with business leaders including Bank of America CEO Brian Moynihan
Bloomberg's Laura Davison shares her thoughts on President Trump's speech at Davos, the possibility for some type of tariff plan on Mexico & Canada to be announced on February 1st, and a federal judge blocking Trump's order on birthright citizenship.
Despite fears that the tariffs could spark a global trade war and reignite inflation domestically, Jamie Dimon, CEO of JPMorgan Chase, said they could protect American interests and bring trading partners back to the table for better deals for the country,
FOX 13's Kailey Tracy reports on President Donald Trump's signing of an executive order that renames the Gulf of Mexico as the Gulf of America in the eyes of the federal government.
He attended Davos twice during his first term ... and threatening to impose tariffs on Canada, China, and Mexico. In the WEF's latest Chief Economists Outlook, 89 percent of attending economists ...
After his inauguration, Trump said he may impose 25 percent tariffs on Canada and Mexico as early as February 1 ... "It has increased the interest in Davos because people feel they need to come together to better understand what's on its way," Brende ...