Davos elite nod along as Trump delivers ultimatum

Published On Jan 24, 2025, 5:06 PM

President Trump's recent address at the World Economic Forum in Davos showcased his economic agenda for his second term, emphasizing an 'America First' approach and suggesting potential tariffs on foreign imports. While he projected confidence in the U.S. economy and the nation’s technological advancements, concerns arose regarding retaliatory tariffs from allied nations, especially Canada and the EU. The conversation at Davos reflected uncertainty about how his policies might impact global trade dynamics, particularly the tech sector. Trump’s push to lower energy prices also drew attention, linked to both inflation control and geopolitics connected to Russia's war financing. Investors are left considering how these developments could reshape the market landscape over the coming years.