Trump to meet Netanyahu, other world leaders in Davos

A year ago some Davos participants predicted Donald Trump’s protectionist rhetoric would lead to sluggish economic growth and lacklustre stock market gains

"Isolation is not an answer", she emphasized in her speech, sending a message against President Trump's "America First" politics.

The snowploughs here at Davos do a very good - if loud - job.

His attendance is seen as entering something of a lion's den which will see him rubbing shoulders with the same "globalists" that he campaigned against.

Back at home Tuesday, Cohn argued at the White House lectern that Trump had "unleashed the USA economy" with his economic agenda, including slashing corporate tax rates.

The move on tariffs raises the stakes for the world economy that's enjoying its best performance in seven years.

Referencing the World Economic Forum's focus of "creating a shared future in a fractured world", Ms Merkel talked extensively about bridging the divisions that are growing internationally.

Meanwhile, public trust in the United States is collapsing, according to a global survey by public-relations firm Edelman, with the world's largest economy placing dead last in a 28-country index of educated elites' trust levels in institutions. "All those people with wishful thinking who are expecting him to somehow "cave" and give out some kind of globalist message will be sorely surprised". Administration officials that their policies will improve the terms of trade for USA businesses and workers without provoking trade partners or damage global trade.

For his audience back home, the US president and those around him face a hard balancing act. Trump is the first sitting American president to attend the meeting since Bill Clinton in January 2000. Italian Prime Minister Paolo Gentiloni, referring to tariffs that Mr. Trump slapped this week on imported solar panels and washing machines, told reporters that the president's protectionist policies threaten global growth.

He said: "In terms of any trade action you take, there's always potential for retribution or retaliation, and that's up to the Chinese to decide".

"Trump at Davos would be greeted about the same way an appearance by [disgraced Hollywood producer] Harvey Weinstein would go off at the Oscars", Whalen said.

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The "poison" of populism makes nations turn inward, warned Angela Merkel.

Trump is traveling to Davos with a large contingent of advisers and cabinet members, including Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, trade representative Robert Lighthizer and son-in-law Jared Kushner.

"Trade wars are fought every single day", he added.

Trump canceled plans for a recent trip to London to open the new $1 billion US embassy there, a move that avoided protests promised by political opponents.

"So, I think there's going to be some anxiety, because there is a sort of changing character of the worldwide system, or at least changing character of America's engagement with it". "Unfortunately, every single day there are also various parties violating the rules and trying to take unfair advantage". "Leadership is different from being a sucker and being a patsy".

Mnuchin said the US delegation includes 10 Cabinet secretaries because it is "very important for the world's biggest economy" to "interact with our counterparts".

She said that European countries would need to cope with a more competitive tax environment.

Mr. Trump is still deeply unpopular in many European countries. Mnuchin said American involvement in a new Asia-Pacific trade pact between 11 countries was "not off the table", despite Washington pulling out of early talks on the deal past year. "The U.S.is involved".

In an interview with the Wall Street Journal, Trump said his aim in going to Davos was to be a "cheerleader for the country".

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