President Trump will address the gathering of world leaders, CEOs and policymakers as America’s allies balk at his efforts to acquire Greenland.<\/b>
\nWhat to know about Trump’s trip to Davos
President Trump is scheduled to address the World Economic Forum, the exclusive annual gathering of world leaders, policymakers and business figures in Davos, Switzerland, amid unprecedented tension with America’s closest allies over Mr. Trump’s efforts to make Greenland part of the U.S.
Mr. Trump arrived in Switzerland Wednesday about three hours late, after Air Force One was forced to return to Joint Base Andrews late Tuesday night due to what the White House called a \u00ab\u00a0minor electrical issue.\u00a0\u00bb He boarded a different plane and left after midnight. It was unclear whether the delay would change the timing of the president’s speech, slated for 8:30 a.m. Eastern.
Mr. Trump has pushed European leaders to back his bid to acquire Greenland, threatening eight of America’s close allies with 10% tariffs if they decline to support him. His pursuit of the island, a semi-autonomous territory of Denmark, has drawn a vocal, unified opposition from America’s trade and military partners.
After the president’s tariff threat, the three major U.S. stock indexes suffered their worst day since October on Tuesday, with the Dow dropping 1.8%, the S&P 500 losing 2% and the Nasdaq falling 2.4%.
At a news conference marking a year since the start of his second term, Mr. Trump spoke about topics including his pursuit of Greenland, the tension with NATO allies, and his \u00ab\u00a0Board of Peace\u00a0\u00bb in Gaza. Asked how far he’s willing to go to acquire Greenland, the president replied: \u00ab\u00a0You’ll find out.\u00a0\u00bb<\/p>\n