US President Donald Trump is set to meet global business leaders in Davos, Switzerland, on Wednesday, according to sources familiar with the matter. The meeting, which will take place on the sidelines of the World Economic Forum’s annual gathering, is expected to draw significant attention, given Trump’s recent policy moves.
Business leaders from various industries, including financial services, cryptocurrency, and consulting, have been invited to a reception after Trump’s address to the forum. The agenda for the meeting remains unclear, but sources indicate that the invitations were extended by the White House. Anthony Scaramucci, a former communications director for Trump, confirmed the meeting, stating that he would not attend, even if invited.
Trump’s presence in Davos is expected to dominate the event, which will also be attended by several top US officials, including Treasury Secretary Scott Bessent. China will be represented by Vice Premier He Lifeng, who will deliver a special address and host a reception with CEOs and founders of global companies.
The World Economic Forum’s agenda has been overshadowed by Trump’s recent policy announcements, including his demand for the US to acquire Greenland. The event will bring together over 3,000 delegates from more than 130 countries, including 64 heads of state and government, with a focus on emerging economies and changes in US policy under Trump.
National security advisers from several countries are scheduled to meet on the sidelines of the event to discuss various topics, including Greenland. European governments have been advised not to retaliate against US measures related to the dispute, with Bessent stating that it would be “unwise” to do so.
The meeting between Trump and global business leaders is expected to be closely watched, given the potential implications for international trade and diplomacy. As Jenny Johnson, CEO of Franklin Templeton, noted, Trump’s negotiating tactics may be uncomfortable, but they appear to be driven by a desire to advance US interests. The outcome of the meeting and its impact on global relations remain to be seen.
