As President-elect Donald Trump gets ready for his second term, world leaders are seeking a better understanding of his policies, particularly concerning the conflict in Ukraine and international trade relations.
Donald Trump is preparing to make a virtual appearance at the World Economic Forum (WEF) in Davos next week, marking his return to the international arena before his second term as U.S. President commences.
Scheduled for January 20, Trump's inauguration will coincide with the start of the 55th annual WEF gathering, where political and business leaders from across the globe will convene to tackle pressing global challenges.
Although Trump will participate digitally, his presence is expected to attract considerable attention as global leaders seek insight into his policy priorities following his re-entry into office.
Børge Brende, President and CEO of WEF, mentioned that Trump’s virtual speech on January 23 would provide a “very special moment” to discern the new administration's direction, especially regarding trade, climate policy, and global security.
Alongside Trump, Ukrainian President Volodymyr Zelensky is set to deliver a special address, shedding light on the ongoing conflict in Ukraine.
With the war continuing, WEF will also focus on geopolitical tensions, economic uncertainty, and the future of the international order.
Among the 60 heads of state and government attending are European Commission President Ursula von der Leyen and China’s Vice Premier Ding Xuexiang.
The WEF agenda will encompass a broad spectrum of topics, including global trade disputes, climate goals, and the societal impact of artificial intelligence.
Business leaders have shown cautious optimism about the possibility of regulatory easing, tax cuts, and fewer restrictions under Trump’s administration.
Nevertheless, concerns persist regarding tariffs, deportations, the increasing U.S. budget deficit, and worsening relations with China, which cast a shadow over the economic outlook.
This year’s forum occurs amid a particularly intricate geopolitical environment, with Middle East tensions featuring prominently on the agenda.
Delegates will address issues in Syria, humanitarian crises in Gaza and Yemen, and the potential for conflict escalation between Israel and Iran.
Key regional figures, such as Qatar’s Prime Minister, the Saudi Foreign Minister, and Iran’s Vice President, are expected to engage in high-level diplomatic discussions.
Climate change will also remain a central theme at Davos, with emphasis on energy transition, the need for affordable and secure energy, and global commitments to tackling climate change.
An upcoming analysis at the forum reveals that while companies representing two-thirds of global market capitalisation have pledged to climate action, only 10% have made significant headway on concrete initiatives.
As world leaders anticipate Trump's second term, all eyes will be on how his administration tackles these critical issues and manages the growing challenges in international relations, trade, and global governance.