"Trump to Attend Davos Forum in January Next Year"

"Improved U.S.-Switzerland Relations"

Bloomberg News reported on the 13th (local time), citing sources, that President Donald Trump of the United States is expected to attend the World Economic Forum (WEF, also known as the Davos Forum) in Davos, Switzerland early next year, leading a large delegation.

An anonymous White House official told Bloomberg that President Trump is expected to attend the Davos Forum, but the plans have not been fully finalized.

Donald Trump, President of the United States. Photo by Reuters Yonhap News

The Davos Forum confirmed that it has invited President Trump, as well as leaders from the Group of 20 (G20) major economies and other countries. However, the forum stated that the final list of attendees will be released one week before the event opens.

Bloomberg explained that this development indicates improving relations between the United States and Switzerland ahead of the conclusion of a trade agreement between the two countries. The outlet also noted, "For the Swiss government, President Trump's attendance will take place just after Guy Parmelin, the Swiss Minister of Economic Affairs, assumes the rotating presidency from President Karin Keller-Sutter on January 1 next year, making it an opportunity to reset bilateral relations."

Since August, President Trump has imposed a high tariff of up to 39% on Switzerland. There has been speculation that the high tariffs were imposed because President Trump, after a phone call with President Karin Keller-Sutter, was infuriated by her lack of sincerity in addressing the trade deficit imbalance.

Since then, Switzerland has been negotiating with the United States. On this day, the Swiss negotiating team visited Washington, D.C. and met with Jamieson Greer, the representative of the United States Trade Representative (USTR). A Swiss source told Reuters that the two countries have virtually reached an agreement. Previously, foreign media reported that the United States would lower the reciprocal tariffs imposed on Switzerland to 15%.

President Trump attended the Davos Forum in 2018 during his first term, and delivered a virtual speech immediately after his inauguration on January 20 this year. Bloomberg stated that President Trump’s attendance would be a significant boost to the forum, which is currently facing difficulties due to a corruption scandal involving Klaus Schwab, the former WEF chairman and founder.

This content was produced with the assistance of AI translation services.