Davos Forum Debates Trump's Impact on Trade and Climate

The World Economic Forum in Davos, Switzerland, was abuzz with worries and hopes following Donald Trump's inauguration as U. S. President. European Commission President Ursula von der Leyen cautioned against a steely era where nations might frequently shield behind protective walls like sanctions and tariffs. She encouraged global cooperation and innovation, noting Europe's new trade deals with Latin America and Mexico. Von der Leyen also promised to stay committed to the Paris climate agreement, aiming to reduce emissions across Europe.

While Chinese officials like Vice Premier Ding Xuexiang championed globalization, U. S. business leaders were divided. Some feared inflation from potential tariffs, while others cheered Trump's deregulation plans. Protests from groups like Greenpeace called for taxing the wealthy and ending billionaire influence in politics. The forum, attended by thousands of business leaders and state heads, will see Trump participate virtually.

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