At Davos, Trump will face a less friendly brand of billionaire – but their dominance is waning | Larry Elliott - News Summed Up

At Davos, Trump will face a less friendly brand of billionaire – but their dominance is waning | Larry Elliott


On Monday, as Donald Trump returns to the White House, the World Economic Forum’s (WEF) annual talk fest kicks off in Davos. The Davos elite have a love-hate relationship with Trump: they despise him, but when he showed up at the WEF as president he was the hottest ticket in town. Most of the WEF attenders have grown up believing that trade barriers should be torn down, not erected. Yet a quick look around the world shows that Trump is not a lone voice. Nor is Trump the first occupant of the White House to be a staunch protectionist: Abraham Lincoln held similar views.


Source: The Guardian January 17, 2025 04:14 UTC



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