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Wednesday, Jan 15, 2025

Trump to Virtually Address Davos as World Leaders Look Forward to New U.S. Policies

As President-elect Donald Trump gets ready for his second term, world leaders are seeking clarity on his policies, particularly concerning the war in Ukraine and international trade relations.
Donald Trump is scheduled to make a virtual appearance at the World Economic Forum (WEF) in Davos next week, marking his return to the global spotlight just before his second inauguration as U.S. President.

With his swearing-in set for January 20, Trump’s participation will align with the beginning of the 55th annual WEF meeting, where political and business leaders from around the globe will gather to discuss pressing global challenges.

Though Trump’s presence at Davos will be online, it is anticipated to attract significant attention as world leaders seek clarity on his policy priorities as he returns to office.

Børge Brende, President and CEO of WEF, noted that Trump’s virtual address on January 23 would provide a “very special moment” to understand the direction of the new administration, especially concerning issues like trade, climate policy, and global security.

Alongside Trump, Ukrainian President Volodymyr Zelensky will give a special address, offering insights into the ongoing conflict in Ukraine.

As the war persists, the WEF’s focus will broaden to include geopolitical tensions, economic uncertainty, and the future of the global order.

Among the 60 heads of state and government attending the meeting are European Commission President Ursula von der Leyen and China’s Vice Premier Ding Xuexiang.

The WEF agenda will tackle a wide array of topics, including global trade tensions, climate objectives, and the societal impact of artificial intelligence.

Business leaders have expressed cautious optimism about the possibility of regulatory rollbacks, tax cuts, and fewer restrictions under Trump’s administration.

However, concerns about tariffs, deportations, the expanding U.S. budget deficit, and worsening relations with China continue to overshadow the economic outlook.

This year’s forum occurs against a notably complex geopolitical backdrop, with Middle East tensions prominent on the agenda.

WEF delegates will discuss Syria, the humanitarian crises in Gaza and Yemen, and the risk of escalating conflict between Israel and Iran.

Key regional figures, including Qatar’s Prime Minister, the Saudi Foreign Minister, and Iran’s Vice President, are expected to partake in high-level diplomatic talks.

Climate change will also remain a central discussion point at Davos, emphasizing energy transition, the need for accessible and secure energy, and the global commitment to tackling climate change.

A new analysis to be presented at the forum highlights that although companies representing two-thirds of global market capitalization have pledged toward climate action, only 10% have made significant progress on tangible initiatives.

As world leaders anticipate Trump’s second term, all eyes will be on how his administration addresses these critical issues and navigates the increasing challenges in international relations, trade, and global governance.
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