Swiss perspectives in 10 languages

Trump cancels trip to Davos over government shutdown

Trump
Trump responds to questions from the media on Thursday Keystone

US President Donald Trump has cancelled his planned trip to the annual general meeting of the World Economic Forum (WEF) in the Swiss resort of Davos amid the ongoing partial shutdown of the US government.

External Content

It was unclear whether the partial government shutdown, now in its 20th day, would end before the start of the global economic meetingExternal link, which is scheduled for January 22-25, as Trump and congressional Democrats dug into a fight over funding for the government and Trump’s long-promised wall along the US-Mexico border.

Earlier in the day the president had told reporters: “I intended to go and speak in front of the world financial community in Davos. That’s still on. But if the shutdown continues … I won’t go. I had planned to go, it’s been very successful when I went. We have a great story to tell.” 

The cancellation quashes any opportunity for Trump to meet other world leaders and discuss economic issues, including trade.

Swiss Finance Minister Ueli Maurer, who also holds the Swiss presidency this year, had been due to meet Trump in Davos and had hoped to to kick-start negotiations for a free trade agreement between the two countries.

Treasury Secretary Steven Mnuchin and other Cabinet members are still scheduled to attend the annual event, which attracts business and political elite.


More

Most Read
Swiss Abroad

Most Discussed

News

Swiss Armed Forces have around 147,000 personnel

More

Number of Swiss armed forces exceeds specified limit

This content was published on The Swiss armed forces had an effective headcount of around 147,000 as of March 1, 2024. This exceeds the upper limit of 140,000 specified in the army organisation by 5%.

Read more: Number of Swiss armed forces exceeds specified limit
Two men charged by the MPC with money laundering

More

Two Swiss men charged with money laundering

This content was published on One million francs, 34 million euros and around 830 kilos of gold: this is the fortune that two Swiss nationals are accused of having moved across borders for at least four years.

Read more: Two Swiss men charged with money laundering
Richemont reports lower first-half results

More

Richemont reports lower first-half results

This content was published on Geneva-based luxury goods group Richemont reported a downturn in performance for the first half of its 2024/25 financial year. Both sales and profit declined.

Read more: Richemont reports lower first-half results

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

You can find an overview of ongoing debates with our journalists here . Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR