Donald Trump flies out for Davos pushing ‘America First’ agenda

By: |
Washington | Published: January 25, 2018 8:46 AM

Trump is set to speak Friday at annual gathering of the global pro-trade elite in a move that has raised eyebrows because of his protectionist "America First" policies.

Donald Trump, Davos, WEF, US, America First, world newsDonald Trump flies out for Davos pushing ‘America First’ agenda

US President Donald Trump flew out today to the World Economic Forum in Davos, Switzerland, aiming to convince international leaders his “America First” agenda does not signal a withdrawal from the world stage. Trump, who was not accompanied by the First Lady, departed Joint Base Andrews shortly before 9 PM on a trip that will also see him hold talks with several world leaders. “Will soon be heading to Davos, Switzerland, to tell the world how great America is and is doing. Our economy is now booming and with all I am doing, will only get better…Our country is finally WINNING again!” he tweeted shortly before getting on the helicopter that took him to the air base. Trump is set to speak Friday at annual gathering of the global pro-trade elite in a move that has raised eyebrows because of his protectionist “America First” policies. “We’re going to the World Economic Forum to share President Trump’s economic story and to tell the world that America is open for business,” said Trump’s chief economic adviser Gary Cohn. Trump, who has left the Paris climate change accords, abandoned the Trans-Pacific Partnership, threatened to scrap the North American Free Trade Agreement (NAFTA) and just imposed heavy duties on imported washing machines and solar panels, will have his work cut out convincing defenders of global free trade that he is on their side. His Treasury Secretary Steven Mnuchin’s latest comments today — that he favored a “weaker dollar” — risked further alienating other nations because it deviates from a long-standing agreement to avoid weakening their currency for a competitive trade advantage.

On the diplomatic front, Trump is scheduled to meet with Israeli Prime Minister Benjamin Netanyahu weeks after recognizing Jerusalem as Israel’s capital, and British premier Theresa May, which comes as US-UK relations are unusually strained.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Cambodian province famous for Angkor Wat bans dog meat trade
2Reopening schools: Reopen or may lose federal funds, says Trump to America’s schools
3Corona wins the Presidential elections of Dominican Republic