Donald Trump sparked outrage and mockery after delivering the first major economic speech of his second presidency. The newly inaugurated president spoke Thursday morning at the World Economic Forum in Davos, Switzerland, where he demanded defense spending from NATO allies, threatened steep tariffs, decried wars in the Middle East, and championed the rise of artificial intelligence.

The 55th Annual Meeting of the World Economic Forum in Davos 2025 hosted a noteworthy address by Donald J. Trump, President of the United States, delivered via satellite link. The event convened more than 100 governments, international organizations, business leaders, experts, and civil society representatives to promote global cooperation through transparency, consistency, and accountability, aiming to drive meaningful change worldwide.#Davos2025 #WorldEconomicForum #DonaldTrump #GlobalCooperation #PublicPrivatePartnership #Leadership #Transparency #Accountability #EconomicAgenda #Sustainability

WASHINGTON (AP) — President Donald Trump used an address Thursday to the World Economic Forum to promise global elites lower taxes if they bring manufacturing to the U.S. and threatened to impose tariffs if they don’t. Speaking by video from the White House to the annual summit in Davos, Switzerland, on his third full day in office, Trump ran through his flurry of executive actions since his swearing-in and claimed that he had a “massive mandate” from the American people to bring change. He laid out a carrot-and-stick approach for private investment in the U.S.

President Donald Trump addresses the World Economic Forum in Davos, Switzerland, marking his first major appearance at an international event since returning to the White House earlier this week.

President Donald Trump said he would ask Saudi Arabia and other OPEC nations to "bring down the cost of oil" as he addressed world leaders gathered in Davos on Thursday. Trump stated, "with oil prices going down, I'll demand that interest rates drop immediately," adding, "and likewise, they should be dropping all over the world."