US EditionThe Latest: Greenland and Threat of Trump Tariffs Loom over Davos
At least 60 heads of state and 850 CEOs attend the World Economic Forum amid US tariff threats and global issues like Ukraine, energy security, and AI, organizers said.
- On January 19, political leaders and CEOs arrived in Davos as trade tensions rose after Donald Trump’s renewed tariff threats, with organisers saying 3,000 participants from more than 130 countries will attend, including 850 chief executives and at least 60 heads of state.
- Donald Trump’s renewed tariff threats have driven the dispute, with Mette Frederiksen saying Europe `will not be blackmailed` and Giorgia Meloni calling the threat `a mistake`.
- The WEF’s risk analysis warns of rising `geo-economic confrontation`, naming it the top global risk; agenda includes the war in Ukraine, Middle East instability, energy security with over 80 per cent fossil fuel demand, and AI.
- Markets moved as currencies fell and analysts warned of growth risks, with the euro and pound dropping against the dollar as export-dependent economies such as the UK and Germany face threats; United Kingdom ministers seek to avoid escalation while protecting last year’s trade agreements.
- Klaus Schwab, WEF founder, warned societies are losing `truth and trust`, while this year’s agenda prioritises geopolitical realignments and rebuilding trust under Larry Fink, BlackRock CEO and WEF chair.
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Davos opens under shadow of Trump's Greenland push and tariff threats
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Trump, other leaders attend Switzerland economic forum | Northwest Arkansas Democrat-Gazette
DAVOS, Switzerland -- Corporate chiefs and government leaders including U.S. President Donald Trump are arriving in Davos, Switzerland, this week, joining an elite annual meeting that promotes dialogue and economic progress -- even as a domineering tone from Washington has upended the global order and billionaires have reaped trillions in new wealth as the poor lag behind.
At Davos, Trump’s 19th-century instincts will collide with 21st-century uncertainty
US President Donald Trump’s threat to tariff European nations unless the United States acquires Greenland has turned the World Economic Forum in Davos into the epicenter of transatlantic discord.
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