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.
The third stage of the Tour de France will be closed to spectators on Monday (6 July) after a fast-moving wildfire in southwestern France prompted exc...
Thousands of mourners gathered in Tehran on Sunday as Iran held funeral prayers for Ayatollah Ali Khamenei and four members of his family on the secon...
Ferrari's Charles Leclerc claimed victory in a dramatic British Grand Prix after a late Safety Car and mechanical problems for rivals reshaped the rac...
Regional economic cooperation took centre stage in Baku as the 28th Annual Meeting of the Board of Governors of the Black Sea Trade and Development Ba...
Humanoid robots stumbled, collided and recovered as they battled for the RoboCup 2026 football title on Sunday (5 July), showcasing the latest advance...
Canada and the five Nordic countries have agreed to deepen cooperation in military procurement and other areas, in the latest push by Canadian Prime Minister Mark Carney to build new global alliances.
SOCAR’s Carbamide plant in Sumgayit has been recognised by the World Economic Forum (WEF) as a Global Lighthouse site, marking Azerbaijan’s first inclusion in the Forum’s flagship Industry 4.0 network.
"When the rules no longer protect you, you must protect yourself,” Canadian Prime Minister Mark Carney said in Davos on Tuesday (20 January), a speech that resonated at home and heightened tensions with U.S. President Donald Trump, who later withdrew Canada’s invitation to the Board of Peace.
President Donald Trump said on Thursday that the United States has an "armada" heading toward Iran but hoped he would not have to use it, as he renewed warnings to Tehran against killing protesters or restarting its nuclear programme.
Russia's Defence Ministry has said its forces are clearing the town of Lyman in Donetsk of Ukrainian forces, Moscow's state news agency Tass reported. Meanwhile, Russian attacks killed at least six people across three Ukrainian regions on Friday, regional officials said.
President Donald Trump said Iran is keen to reach a deal with the United States, claiming Washington had paused engagement to allow funeral ceremonies for late Iranian Supreme Leader Ali Khamenei.
Governments are tightening restrictions on teenagers’ use of social media amid growing concerns over mental health, online safety and platform design, but questions remain over enforcement and whether bans can meaningfully change behaviour.
Thousands of mourners gathered in Tehran on Sunday as Iran held funeral prayers for Ayatollah Ali Khamenei and four members of his family on the second day of mass processions. Three of Khamenei's sons attended the ceremony, while his successor, Mojtaba Khamenei, made no public appearance.
Russian President Vladimir Putin has congratulated U.S. President Donald Trump on the 250th anniversary of American independence, saying Russia and the United States share a special responsibility for maintaining global security as the world's two largest nuclear powers.
Ferrari's Charles Leclerc claimed victory in a dramatic British Grand Prix after a late Safety Car and mechanical problems for rivals reshaped the race at Silverstone Circuit.
Juan Zapata was just finishing dinner in his fifth-floor apartment overlooking the Caribbean when the twin earthquakes struck Venezuela’s coast on the 24 June, hurling him across the room and into a collapse of concrete and steel.
U.S. President Donald Trump has offered to help find a solution to the war in Ukraine during a 90-minute phone call with Russian President Vladimir Putin, according to the Kremlin.
Wildfires are continuing to burn across southern Europe, forcing people from their homes, damaging property and stretching emergency services as high temperatures and dry conditions create ideal conditions for fast-moving fires.
For the first time in six years, Indian traders are crossing through the Lipulekh Pass in the Himalayas into Tibet to do business.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment