U.S. President Trump is to speak to an international audience for the first time after returning into the White House with a speech and Q&A by video conference to the World Economic Forum’s annual event in Davos on Thursday.

Switzerland’s commerce with the US is significant and any tariffs would meaningfully impact its economy, according to Swiss National Bank President Martin Schlegel.

President Donald Trump took a combative tone at times as he spoke remotely Thursday to an international audience of business leaders, politicians and other elites at the World Economic Forum’s annual event in Davos,

I was among 700 people in the hall to hear Donald Trump address the World Economic Forum in Davos. I wondered whether his blunt style landed.

Speaking before the World Economic Forum in Davos, Switzerland, Trump said he’ll call for interest rates to be lower than current levels. A possible sign he is setting up a possible battle with the Federal Reserve.

​Trump’s image dominated the room from multiple screens. Below the movie-theater-size emperor at center stage sat five business and political leaders looking tiny in their WEF-logo seats. Once they might have been called “masters of the universe” themselves, but now they were just supplicants lobbing softball questions at the Übermensch.

For those with a vested interest in Ukraine, U.S. President Donald Trump's first week in office was a bit of a rollercoaster. During his first presidential term, Trump famously praised Russian President Vladimir Putin.

President Donald Trump reportedly elicited gasps from the international crowd gathered at the World Economic Forum in Davos, Switzerland, on Thursday when he suggested that Canada could become a U.S. state in order to avoid the sweeping tariffs he wants to impose.

"Come make your product in America and we will give you among the lowest taxes of any nation on earth ... But if you don't make your product in America, which is your prerogative, then very simply you will have to pay a tariff," Trump said.

The Trump administration’s push for a sweeping pause on federal grants and loans totaling potentially trillions of dollars is on hold for now, on the order of a federal judge.

According to the Swiss data, gold deliveries from the country to the US rose to 64.2 tons in December from 3.3 tons in the last month of 2023. In March 2022, when global markets were grappling with immediate consequences of Russia’s invasion of Ukraine, Switzerland exported 81.5 tons of gold to the US.