U.S. President Donald Trump will speak remotely at the World Economic Forum on Wednesday in Davos, Switzerland, delivering his first major speech to global business and political leaders. Trump is due to give a speech and engage in a dialogue at 11 a.

Despite fears that the tariffs could spark a global trade war and reignite inflation domestically, Jamie Dimon, CEO of JPMorgan Chase, said they could protect American interests and bring trading partners back to the table for better deals for the country,

Davos newsletter! For Gary Cohn, Davos 2025 must feel like déjà vu. “Even when I was there eight years ago, there was always a heavy debate on tariffs,” President Donald Trump’s former top economic adviser and the current vice chairman of IBM told Bloomberg TV.

Donald Trump said he would impose high tariffs and further sanctions on Russia if it continued its "ridiculous war".

Dimon's comments Wednesday come as Trump has threatened to impose a 25 percent tariff on products from Mexico and Canada by February 1 and a 10 percent tariff on Chinese imports. Earlier Wednesday, Trump also teased the notion of imposing "taxes, tariffs, and sanctions" on Russia if it doesn't end its war against Ukraine.

A speech by U.N. Secretary-General Antonio Guterres criticizing fossil fuel use and warning of the perils of artificial intelligence has headlined the agenda at the World Economic Forum’s annual event

Chancellor Olaf Scholz voiced cautious optimism on Tuesday on the potential for German-U.S. relations under President Donald Trump, citing good first talks with his administration, but stressed the importance of "cool heads" in the face of uncertainty.

Officials and business executives at the annual gathering in Switzerland said the fight against global climate change would continue with or without the United States.

The dichotomy between the gatherings of rich and powerful at Donald Trump’s inauguration and at the World Economic Forum in Davos was stark as the world woke up to a new reality under Trump.

Von der Leyen insisted that the United States remains an important partner, taking a conciliatory tone in a speech to the annual meeting of global elites in Davos, Switzerland. The EU's "first priority will be to engage early, discuss common interests, and be ready to negotiate" with Trump, she said.

Trump already gave Davos a taste of what is to come since his inauguration on Monday, which coincided with the WEF’s first day: tariff threats against Mexico and Canada, the US withdrawal from the Paris climate pact,