U.S. President Donald Trump speaks during a press conference following a U.S. strike on Venezuela where President Nicolas Maduro and his wife, Cilia Flores, were captured, from Trump's Mar-a-Lago club in Palm Beach, Florida, U.S., January 3, 2026. REUTERS/Jonathan Ernst
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CNBC TV1813-01-2026, 21:06

Davos Confronts Shaken Global Order Amidst Trump's 'America First' Challenge

  • The World Economic Forum (WEF) in Davos faces a new era, grappling with a global order challenged by Donald Trump's 'America First' policies.
  • Trump's expected appearance highlights the clash between his agenda and WEF's consensus-driven approach, leading to questions about the forum's relevance.
  • Key issues include trade tariffs, military intervention, climate cooperation retreat, and threats to central bank independence.
  • The WEF's 56th edition, themed "A Spirit of Dialogue," emphasizes the necessity of discussion amidst global uncertainty, despite concerns of obsolescence.
  • Oil executives are making a comeback, eager to support Trump's energy dominance agenda, contrasting with past sporadic attendance due to the forum's perceived anti-fossil fuel stance.

Why It Matters: Davos navigates a fractured global landscape, with Trump's policies challenging its traditional role and vision.

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