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.

EU, German and Chinese leaders took turns defending global cooperation in Davos on Tuesday as the spectre of new trade wars looms following Donald Trump's return to the White House.

Mexico is going to find a solution to avoid the imposing of tariffs by the United States, Economy Minister Marcelo Ebrard said on Friday, following threats from U.S. President-elect Donald Trump to do so.

EU chief Ursula von der Leyen declared on Tuesday (Jan 21) that Europe was ready to negotiate with the United States and seek to improve ties with China as Beijing warned against damaging trade wars in the face of Donald Trump's protectionism.

Moreover, in a Washington press conference held on Tuesday, Trump promised to put tariffs on the European Union as well. He said, "China is an abuser, but the

President Trump signed executive orders focusing on immigration and energy policies on Monday. JPMorgan Chase set up a war room. The law firm Fisher Phillips created an immigration hotline to help clients manage potential workplace raids. Manufacturers and retailers have teams working to soften the blow of potential new tariffs.

One of the President's executive orders withdrew the U.S. from the Paris Climate Accord. In response to this, the World Economic Forum's reaction was muted. Concurrently, President Trump signed executive orders to increase natural gas production and boost LNG shipments and crude oil exploration.

Ursula von der Leyen casts Europe as an economic heavyweight that can forge new alliances during another “America First” presidency.

A fire at a ski resort hotel in Turkey’s Bolu mountains killed 66 people yesterday and forced panicked guests to jump out of windows in the middle of the night.

The largest US bank set up a "war room" to comb through all of the new policies issued by the new president on his first day in office, according to JPMorgan head of asset and wealth management Mary Callahan Erdoes.

EU chief Ursula von der Leyen said the 27-nation bloc will stick to the landmark Paris climate accord, despite President Trump's decision to withdraw from the agreement.