United States President Donald Trump swaggered into the lion’s den to confront the world’s political and business elite on Thursday, as his “America First” administration executes an anti-globalist manifesto in trade, taxes and currency rates. A year after taking office, Trump joined the World Economic Forum in Davos with foreign exchange markets in turmoil and Washington’s trading partners in uproar. The United States is doing very well,” Trump said, before heading into bilateral talks with British Prime Minister Theresa May. Other government leaders and business tycoons in Davos are agog at the tempestuous course of US policy under Trump. “We want exchange rates to reflect economic fundamentals… and we shouldn’t play with these rates,” he said in Davos.

Source: Pakistan Today January 25, 2018 15:56 UTC