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Reading: Trump to ship Davos speech days after inauguration
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Michigan Post > Blog > Business > Trump to ship Davos speech days after inauguration
Business

Trump to ship Davos speech days after inauguration

By Editorial Board Published January 14, 2025 2 Min Read
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Trump to ship Davos speech days after inauguration

Donald Trump will tackle enterprise and world leaders on the World Financial Discussion board (WEF) in Davos, Switzerland, in a digital look from the US three days after his inauguration as President.

The Davos occasion, which begins on Monday, will entice greater than 3,000 enterprise and political leaders to the Swiss Alps.

They are going to embody 900 firm chairs and chief executives together with 60 heads of state.

Cash newest: Spain proposes 100% tax on foreign-owned houses

Chancellor Rachel Reeves would be the senior UK minister attending having travelled to Davos repeatedly whereas in opposition.

Sir Keir Starmer, who as soon as defended his attendance by saying Davos was extra vital than Westminster, just isn’t anticipated to journey to Switzerland.

The WEF mentioned that EU president Ursula von der Lyon and Chinese language deputy premier Ding Xuexiang can even attend in-person.

At all times prone to be dominated by the fallout from Mr Trump’s second time period, significantly the promise of swingeing tariffs on US imports, the occasion will now hear from the president himself in what organisers mentioned can be a “virtual engagement with participants”.

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1:05

Trump’s menace of tariffs defined

Now in its fifty fifth yr, the World Financial Discussion board has been a number one proponent of the liberal financial consensus and globalisation underneath direct menace from Mr Trump’s second time period, and populist political traits evident in lots of developed economies.

The WEF has constructed its affect, and its place within the political and financial calendar, on the competition that financial cooperation between free markets can ship peace and finish inequality, in addition to prosperity to its handiest proponents.

Its chief govt Borge Brende mentioned: “We’re ready to roll up our sleeves to make the best of a situation where there are many, many challenges.”

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