DAVOS, Switzerland – U.S. President Donald Trump delivered his first major international address since taking office, addressing global business and political leaders at the World Economic Forum (WEF) in Davos via video conference. Trump outlined his administration’s priorities, emphasizing energy production, deregulation, and economic reforms, while drawing sharp criticism for controversial policies and actions.
Speaking from Washington, Trump declared his administration’s commitment to reversing inflation, cracking down on illegal immigration, and bolstering fossil fuel production. “The United States has the largest amount of oil and gas of any country on Earth, and we’re going to use it,” Trump said, calling it a step toward reducing costs and transforming the U.S. into a “manufacturing superpower.”
Trump also highlighted plans to make the U.S. a global hub for artificial intelligence and cryptocurrency innovation, extending tax cuts passed during his first term. “What the world has witnessed in the past 72 hours is nothing less than a revolution of common sense,” he said.
Controversial Policies and Global Reactions
The speech came just days into Trump’s presidency, sparking reactions from the business leaders gathered in Davos, including Bank of America CEO Brian Moynihan, Blackstone Group CEO Stephen Schwarzman, and WEF founder Klaus Schwab. Participants, including former U.S. Secretary of State John Kerry and Polish President Andrzej Duda, filled the convention hall, with some cheering as Trump appeared on-screen.
However, Trump’s remarks were shadowed by controversy over his recent policies. He has taken swift action to withdraw the U.S. from the Paris Climate Agreement and the World Health Organization. Additionally, Trump’s threats to impose steep tariffs on imports from the European Union, China, Mexico, and Canada have left markets uncertain.
Business leaders at Davos expressed concern over the potential economic impacts of tariffs, which Trump suggested could begin as early as February 1.
Outrage Over Pardons and Diversity Crackdown
Trump’s decision to pardon over 1,500 supporters involved in the January 6 Capitol attack has drawn widespread condemnation from lawmakers and law enforcement officials. Critics argue the move undermines accountability for the violent attempt to overturn the 2020 election results.
The president also announced plans to dismantle diversity programs within the U.S. government and urged private companies to follow suit. Some Davos participants voiced alarm, stressing the importance of diversity initiatives for their businesses.
A Divided Response
While Trump’s supporters praised his focus on energy independence and economic growth, critics raised concerns over his isolationist policies and disregard for international norms.
As global leaders grapple with Trump’s vision, the economic and diplomatic implications of his administration’s policies remain uncertain. With markets on edge, Davos attendees are left questioning how Trump’s agenda will reshape U.S. relations with the world.
