By Divya Chowdhury and Peter Thal Larsen DAVOS, Switzerland, Jan 19 (Reuters) - Donald Trump is expected to meet global business leaders in Davos on Wednesday, sources familiar with the matter said,
Trump to Engage with Global CEOs at Davos Amid US Policy Focus
Trump's Engagement with Global Business Leaders
By Divya Chowdhury and Peter Thal Larsen
Overview of the Meeting
DAVOS, Switzerland, Jan 19 (Reuters) - Donald Trump is expected to meet global business leaders in Davos on Wednesday, sources familiar with the matter said, as the U.S. President's presence looms large over the annual gathering of the global elite in Switzerland.
Implications for US Policy
Business leaders, including CEOs in financial services, crypto and consulting, were invited to a reception after Trump’s address to the World Economic Forum's annual meeting, the sources told Reuters on Monday. The agenda was unclear.
Trade Relations and Greenland
One CEO simply had "a reception in honour of President Donald J Trump" scheduled in their diary, while another said their understanding was that global CEOs had been invited, not just those from the United States. One of the sources said the invitations had come from the White House.
Reactions from Business Leaders
Anthony Scaramucci, an investor who briefly served as Trump's communications director during his first term, said he knew the meeting was happening.
"I'm not going. I'm not sure I'm invited, but even if I were, I wouldn't want to be a side show," Scaramucci said.
Trump is expected to arrive on Wednesday in the Swiss mountain resort, where he is due to deliver a special address.
Several top U.S. officials, including Treasury Secretary Scott Bessent, are also accompanying Trump.
China, meanwhile, is being represented in Davos by Vice Premier He Lifeng who is due to deliver a special address on Tuesday. He will also host a reception with CEOs and founders of global companies, a source told Reuters.
China's Ministry of Foreign Affairs did not immediately respond to a request for comment outside of business hours.
'EVERYONE SHOULD TAKE THE PRESIDENT AT HIS WORD'
The WEF agenda has to some extent been overtaken by the U.S. president's dramatic policy moves, including his demand in recent days that the United States take over Greenland.
WEF organisers have said that over 3,000 delegates from more than 130 countries will attend this year, including 64 heads of state and government, particularly from emerging economies.
The list also includes several heads of G7 nations, with changes in U.S. policy under Trump in focus.
Russian President Vladimir Putin's special envoy Kirill Dmitriev will also travel to Davos and hold meetings with members of the U.S. delegation, two sources with knowledge of the visit told Reuters on condition of anonymity.
Meanwhile, national security advisers from a number of countries are due to meet on the sidelines of the event on Monday, with Greenland among the subjects on the agenda, diplomatic sources said.
One European diplomat, who spoke on condition of anonymity, said Greenland had been added to the agenda of the previously scheduled meeting after Trump threatened on Saturday to impose extra tariffs on eight European countries until the U.S. is allowed to buy the Arctic island.
Bessent said European governments should not retaliate against any measures taken by the U.S. in their dispute.
"I think it would be very unwise," Bessent told reporters when asked about retaliatory trade measures on the sidelines of the WEF meeting, adding that Europe should not doubt Trump's intentions over Greenland.
"I've been travelling, so I haven't been in touch (with European officials), but I spoke to President Trump and evidently there are a lot of inbounds, and I think everyone should take the president at his word," Bessent said.
Jenny Johnson, CEO of asset manager Franklin Templeton, said Trump's moves were negotiating tactics that can feel uncomfortable, but appeared to be in U.S. interests.
"We all know his style. His style is, 'I'm going to come out with a hammer, and then I'll negotiate with you,'" Johnson told Reuters in an interview.
"But his instinct about trying to figure out longer-term positions for the U.S. is the right instinct," she added.
(Reporting by Peter Thal Larsen, Dave Graham, Divya Chowdhury and Selena Li in Davos; Additional reporting by William Schomberg and David Milliken in London; Writing by Paritosh Bansal; Editing by Alexander Smith)
