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.

Civil organizations on Saturday called on the government of Claudia Sheinbaum not to give in to pressure from foreign companies during her participation in the World Economic Forum (WEF) and to promote an agenda that prioritizes social justice and care for the environment.

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.

January 22, 2025. More for You

A speech by the U.N. chief, economic growth potential in places like China and Russia, the challenges of artificial intelligence and leaders from Spain to Malaysia are set to headline the agenda at the World Economic Forum’s annual event in Davos.

Markets have continued to unwind USD longs as US Treasuries had another strong session, and a delay in tariff announcements is fuelling some tentative optimism. That said, we could start to see growing pressure on CAD and MXN, which are facing the most tangible tariff threat at the moment. Today, expect more of the same from ECB speakers in Davos

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.