Jan 23 - 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 ( BAC ) CEO Brian Moynihan and Blackstone Group CEO
Stephen Schwarzman.
The remarks, Trump's first major speech to global business
and political leaders, are scheduled for 11 a.m. Eastern time
(1600 GMT), according to the meeting schedule.
Other participants in what is billed as a subsequent
dialogue include TotalEnergies CEO Patrick Pouyanne, WEF CEO
Borge Brende and WEF founder Klaus Schwab.
Business leaders are eager to hear more about Trump's
concrete plans on tariffs, after he threatened broad import
duties and suggested they could start Feb. 1.
Trump's nationalist instincts have been on full display
since he took office on Monday.
The newly inaugurated president has moved quickly to crack
down on immigration, expand domestic energy production, and has
threatened to impose steep tariffs on the European Union, China,
Mexico and Canada.
Trump has also withdrawn the United States from the World
Health Organization and the Paris climate agreement. He says he
will rename the Gulf of Mexico as the Gulf of America, though
other countries may not adopt the new name. He has also
threatened to take back the Panama Canal from Panama.
He has pardoned more than 1,500 supporters who attacked the
U.S. Capitol on Jan. 6, 2021, in an unsuccessful effort to
overturn his 2020 election loss, drawing outrage from lawmakers
and police whose lives were at put at risk.
Trump is moving to dismantle diversity programs within the
U.S. government and is pressuring the private sector to do so as
well. That has left some in Davos searching for new words to
describe workplace practices that they say are essential to
their businesses.