World Economic Forum attendees in Davos expressed growing concerns about President Donald Trump’s proposed tariff policies, warning of potential economic disruptions and uncertainty as he begins his second term.
At the 2025 World Economic Forum (WEF) in Davos, Switzerland, attendees expressed apprehension about the potential economic uncertainties stemming from the Trump administration’s proposed tariff policies.
President Donald Trump, sworn in for a second term on Monday, has pledged to impose additional tariffs on various trading partners. Critics fear this approach could burden American businesses and strain international trade relationships.
"I think he's proposing lots of tariffs. We'll see how much of that actually plays out," said Andy Merrill, partner at Prosek. "Often a lot of what he says turns out to be less dramatic than what he originally said."
Emily Gallagher, a WEF attendee from New York, highlighted the broader economic implications. "His love of tariffs is really going to affect the U.S. economy, imports, and exports, and definitely our relationships with other countries," she said.
Floriane Lavaud, senior partner at Withers, voiced concern over the rapid changes the administration might bring. "There’s going to be a lot of uncertainty. Recent statements have caused fear that things will move very quickly," she noted.
John Quelch, executive vice chancellor of Duke Kunshan University, pointed to Trump’s unpredictability. "President Trump brings a fresh perspective to almost every issue. And no one knows exactly what that perspective is," he said.
As the Trump administration’s policies begin to unfold, businesses and global leaders remain watchful of the potential ripple effects on the global economy.
On January 20, President of Azerbaijan Ilham Aliyev sat down for an exclusive interview with China’s CGTN (China Global Television Network) during the World Economic Forum in Davos.
Azerbaijani president Ilham Aliyev met with EBRD president Odile Renaud-Basso in Davos to discuss cooperation on infrastructure, financial sector support, and renewable energy projects. A loan agreement for Ganja’s water system was signed, strengthening ties between Azerbaijan and the EBRD.
Ukrainian President Volodymyr Zelenskiy has urged European nations to deploy a peacekeeping force of at least 200,000 personnel to prevent further Russian aggression after any potential ceasefire, speaking during an interview in Davos on January 21, 2025.
Azerbaijani President Ilham Aliyev met with Ukrainian President Volodymyr Zelenskyy in Davos on 22 January to discuss bilateral ties, energy cooperation, and regional security.
Day 3 at Davos kicks off with Europol chief Catherine de Bolle on gender parity in power. Highlights: speeches by Malaysia's PM Anwar Ibrahim, UN's Antonio Guterres, and Spain's Pedro Sanchez, plus key talks on AI equity and climate action with global leaders.
Google is expected to face charges from the European Commission for breaching rules designed to rein in the power of Big Tech, according to sources with direct knowledge of the matter.
Hamas has begun releasing hostages from Gaza on Saturday in exchange for hundreds of Palestinian prisoners, as Israel confirmed that a body handed over earlier was that of hostage Shiri Bibas.
Peru - the roof of a food court collapsed, killing at least 3 people and injuring 74 others.
Kyrgyzstan and Tajikistan have reached a historic border agreement, potentially ending a century-long dispute. The deal, hailed as a breakthrough, covers delimitation, water, and infrastructure issues. If finalized, it could ease tensions and support political, economic, and social cooperation.
The U.S. and Ukraine are close to finalizing a deal granting the U.S. mineral rights in exchange for military aid, according to Wall Street Journal.
A tragic crowd crush at New Delhi Railway Station on Saturday night left 18 dead and 10 injured as thousands of people, many heading to the Kumbh Mela festival, attempted to board delayed trains. The incident highlights the ongoing risks of overcrowding at public transportation hubs in India.
A Delta Air Lines regional jet flipped upside down upon landing at Toronto Pearson Airport on Monday, injuring 18 people. Officials are investigating whether strong winds and snow played a role in the incident.
Berlin, February 21, 2025 – German citizens will head to the polls on Sunday, February 23, for a snap general election after the coalition government collapsed late last year.
A second meeting between representatives of Russia and the United States is planned for the next two weeks, the RIA state news agency reported on Saturday, citing Russian Deputy Foreign Minister Sergei Ryabkov.
Washington, D.C., February 21, 2025 – U.S. negotiators have reportedly raised the possibility of cutting Ukraine’s access to SpaceX’s Starlink satellite internet service unless Kyiv reaches an agreement to grant the United States greater access to its critical minerals.
Hamas has begun releasing hostages from Gaza on Saturday in exchange for hundreds of Palestinian prisoners, as Israel confirmed that a body handed over earlier was that of hostage Shiri Bibas.
Peru - the roof of a food court collapsed, killing at least 3 people and injuring 74 others.
Kyrgyzstan and Tajikistan have reached a historic border agreement, potentially ending a century-long dispute. The deal, hailed as a breakthrough, covers delimitation, water, and infrastructure issues. If finalized, it could ease tensions and support political, economic, and social cooperation.
Google is expected to face charges from the European Commission for breaching rules designed to rein in the power of Big Tech, according to sources with direct knowledge of the matter.
Hamas has begun releasing hostages from Gaza on Saturday in exchange for hundreds of Palestinian prisoners, as Israel confirmed that a body handed over earlier was that of hostage Shiri Bibas.
Peru - the roof of a food court collapsed, killing at least 3 people and injuring 74 others.
Kyrgyzstan and Tajikistan have reached a historic border agreement, potentially ending a century-long dispute. The deal, hailed as a breakthrough, covers delimitation, water, and infrastructure issues. If finalized, it could ease tensions and support political, economic, and social cooperation.
The U.S. and Ukraine are close to finalizing a deal granting the U.S. mineral rights in exchange for military aid, according to Wall Street Journal.
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