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,
Civil organizations on Saturday called on the government of Claudia Sheinbaum not to give in to pressure from foreign companies during her participation in the World Economic Forum (WEF) and to promote an agenda that prioritizes social justice and care for the environment.
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.
Trump's virtual appearance at the World Economic Forum annual meeting in Davos was full of promises and threats.
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,
Volkswagen will need to make additional investments in the United States to hit its target of doubling market share in the country, its CFO Arno Antlitz said on the sidelines of the World Economic Forum (WEF) in Davos,
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 ...
Donald Trump on Thursday will star in an eagerly-anticipated online appearance at the World Economic Forum in Davos, addressing global elites whose annual gabfest has been consumed by the US president's days-old second term.
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Trump Threatens Everyone at Davos With Global Trade War
Donald Trump told an audience at the World Economic Forum in Davos, Switzerland, Thursday that every international business needs to make their products in the United States, or face tariffs.