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Politics

Trump steals the present in Davos at elite gathering

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Last updated: January 23, 2026 3:41 pm
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Trump steals the present in Davos at elite gathering
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A backpedal on Greenland‘Board of Peace’ lures some, bristles othersAI an alternate

By JAMEY KEATEN, Related Press

DAVOS, Switzerland (AP) — U.S. President Donald Trump took heart stage in his whirlwind go to to the World Financial Discussion board in Davos this week, overshadowing the yearly gabfest amongst nationwide leaders, executives and different elites within the Swiss Alpine snows.

Whereas some consultants highlighted enterprise leaders’ ambitions to leverage AI for productiveness, effectivity and earnings or a growth in renewable vitality funding led by China, Trump largely stole the present when it got here to politics. Local weather and different considerations didn’t draw the identical consideration as in previous years on the occasion that ended Friday.

“I feel there have been two Davoses,” mentioned Jane Harman, a former Democratic Congresswoman. “One among them was very senior industrial leaders speaking about AI. … The second was international coverage, or geopolitics, and that was dominated by one particular person.”

On his third go to to Davos whereas president, Trump got here and went over about 24 hours. He delivered a rambling and at instances hyperbolic speech that touted America’s world function.

Not like his earlier journeys to Davos amongst adoring company chiefs, Trump confronted criticism from the likes of Gov. Gavin Newsom of California, who repeatedly spoke to media scrums within the Congress Middle.

Nonetheless, others had been extra congratulatory: NATO chief Mark Rutte and Ukrainian President Volodymyr Zelenskyy, who met with Trump in Davos, praised his efforts to assist finish Russia’s conflict in Ukraine, enhance Western protection and ship safety ensures to Kyiv.

One narrative that emerged in Davos: The U.S. below Trump and its Western allies have grown too divided. Canadian Prime Minister Mark Carney spoke of a “rupture” that will by no means be repaired.

A backpedal on Greenland

Within the runup to his journey to Davos, Trump sowed new discord with America’s longtime allies in Europe by saying plans to set new tariffs on eight European nations who opposed his takeover bid for Greenland — a semiautonomous territory of NATO member Denmark.

By Wednesday, amid an uproar at house and overseas, Trump had backed off in a dramatic reversal — not lengthy after insisting he needed to get the island “together with proper, title and possession.”

In a publish on his social media website, Trump mentioned he had agreed with NATO chief Rutte on a “framework of a future deal” on Arctic safety, doubtlessly defusing rigidity that had far-reaching geopolitical implications.

‘Board of Peace’ lures some, bristles others

Trump launched his Board of Peace to spearhead efforts at sustaining a ceasefire in Israel’s conflict with Hamas, and ultimately assist underpin efforts to map a way forward for the war-torn Gaza Strip.

The thought drew assist from nations as various as Belarus, Kosovo, Indonesia and Argentina, however critics — together with longtime U.S. allies in Europe — oppose it. They reject his declare that it may rival the United Nations in the future.

Some critics mentioned particulars had been scarce about how the Board of Peace will work — below the chairmanship of Trump himself — and steered the higher transfer can be to strengthen and enhance present U.N. buildings, not change them.

“I feel they had been attempting to duplicate — replicate — what occurred when the United Nations took place,” Amnesty Worldwide Secretary-Normal Agnes Callamard mentioned in an interview. “However frankly it was a really poor and unhappy try and repeat what occurred within the Nineteen Forties.”

AI an alternate

Synthetic intelligence was — as ordinary in current instances — a scorching matter: Billionaire Elon Musk and Nvidia CEO Jensen Huang made their Davos debuts.

Musk, who had beforehand referred to as the WEF occasion “boring,” jetted in with little advance discover to debate robotics, deal with AI’s electrical energy calls for and gently rebuke the Trump administration for imposing tariffs on Chinese language photo voltaic panels.

Huang pushed again on fears that the AI growth would possibly wipe out jobs, saying it will create work for individuals constructing out its infrastructure, resembling “plumbers and electricians and building and metal employees and community technicians.”

The U.S.-China rivalry acquired a point out from one other AI chieftain: Anthropic CEO Dario Amodei in contrast the Trump administration’s transfer to green-light gross sales of a sophisticated Nvidia chip to promoting nuclear weapons to Pyongyang.

However general, it was can-do optimism amongst know-how, AI and different enterprise executives encapsulated the said motto and mindset of the discussion board to enhance the world and promote dialogue — not concern and doom-and-gloom predictions concerning the future.

“I need to finish this discussion board with the quote that Elon Musk mentioned in closing yesterday’s session — that it’s higher to be an optimist and mistaken than be a pessimist who’s proper,” mentioned discussion board co-chair Larry Fink, the BlackRock chairman and CEO, on the closing ceremony.

Related Press author Kelvin Chan in London contributed to this report.

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