financetom
Economy
financetom
/
Economy
/
Trump to address Davos remotely, take CEO questions
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trump to address Davos remotely, take CEO questions
Jan 23, 2025 7:15 AM

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Trump has also withdrawn the United States from the World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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
S&P Global August Final Services PMI Revised Downward, Below July Index
S&P Global August Final Services PMI Revised Downward, Below July Index
Sep 4, 2025
09:58 AM EDT, 09/04/2025 (MT Newswires) -- The S&P Global US services index was revised downwards to 54.5 in August from the 55.4 flash reading, compared with expectations for no revision in a survey compiled by Bloomberg as of 7:30 am ET. The August index stands below the 55.7 reading in July and the second highest reading of the year...
ISM US August Services Index Posts Larger-Than-Expected Gain
ISM US August Services Index Posts Larger-Than-Expected Gain
Sep 4, 2025
10:09 AM EDT, 09/04/2025 (MT Newswires) -- The Institute for Supply Management's US services index rose to a reading of 52.0 in August from 50.1 in July, compared with expectations for a smaller gain to a reading of 51.0 in a survey compiled by Bloomberg as of 7:30 am ET. The ISM's reading indicates expansion, which is in line with...
AI not affecting job market much so far, New York Fed says
AI not affecting job market much so far, New York Fed says
Sep 4, 2025
NEW YORK (Reuters) -Rising adoption of artificial intelligence technology by firms in the Federal Reserve's New York district has not been much of a job-killer so far, the regional Fed bank said in a blog on Thursday. Businesses reported a notable increase in AI use over the past year, yet very few firms reported AI-induced layoffs, New York Fed economists...
DOJ issues subpoenas as part of probe into Fed governor Lisa Cook, WSJ reports
DOJ issues subpoenas as part of probe into Fed governor Lisa Cook, WSJ reports
Sep 4, 2025
(Reuters) -The U.S. Justice Department has opened a criminal investigation into Federal Reserve Governor Lisa Cook, issuing subpoenas as part of an inquiry into whether she submitted fraudulent information on mortgage applications, the Wall Street Journal reported on Thursday, citing officials familiar with the matter. Reuters could not immediately verify the report. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved