WATCH LVE: President Trump Addresses Davos

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He’s killing it. President Trump is addressing the World Economic Forum, the exclusive annual gathering of world leaders, policymakers and business figures in Davos, Switzerland

CBS: The crowd of world leaders, business executives and others in Davos remained silent during the beginning of Mr. Trump’s address to the World Economic Forum, without clapping, as he described his transformation of the U.S. federal government and relations with Europe.

Trump took the stage at Davos, addressing, “so many friends, a few enemies,” he said.

“It’s a who’s who, I will say that,” he said.

Mr. Trump spoke in a measured tone as he described the “miracle taking place,” touting a long list of what he framed as his administration’s economic successes.

Mr. Trump began his speech by touting the completion of his first year in office, and a “booming” economy. He noted stock market highs, economic growth and strong 401(k) growth.

“People are doing very well, they’re very happy with me,” he said, despite struggling approval numbers.

Live blogging highlights:

“The USA is the economic engine of the planet, and when America booms, the entire world booms.

History shows that when America goes bad, the whole world goes bad.

When we go down, you follow us down. When we go up, you follow us up”

Trump on the burgeoning US economy in Davos ‘Instead of hiring bureaucrats we’re firing them”

On Europe:

“Frankly, many parts of our world are being destroyed and the leaders don’t even UNDERSTAND what’s happening! And the ones that DO understand won’t do

“Certain places in Europe are not even recognizable anymore. And that’s not in a positive way. That’s in a very negative way. And I love Europe, and I want to see Europe go good. But it’s not heading in the right direction.”

Mr. Trump said he wanted to discuss in Davos, “how we want to raise living standards for our citizens,” and how European countries could emulate the U.S., because “certain places in Europe are not even recognizable.”

“I don’t want to insult anybody, and I say I don’t recognize it, and that’s not in a positive way. That’s in a very negative way. And I love Europe and I want to see Europe do good, but it’s not heading in the right direction.”

Mr. Trump said many Western governments had turned their back on, “everything that makes nations rich and powerful and strong.”

“Quite frankly, many parts of our world are being destroyed before our very eyes, and the leaders don’t even understand what’s happening, and the ones that do understand aren’t doing anything about it.”

“The greatest HOAX in history, the Green New Scam. Windmills, destroy your land! Every time that goes around you lose $1,000. You’re supposed to MAKE money with energy, not LOSE money!”

Trump lauds his tariffs and says Venezuela will do “fantastically well”

Trump says his tariffs have enabled U.S. to “radically reduce our ballooning trade deficit”

The president touted his administration’s trade agreements with other countries, including European nations, Japan and South Korea, and said they “raise growth and cause stock markets to boom, not only in the U.S., but in virtually every country that came to make a deal. Because as you’ve learned, when the United States goes up, you follow.”

He said Venezuela has “got problems, but we’re helping them,” claiming that after the U.S. operation to capture former Venezuelan leader Nicolas Maduro, Venezuela will “be making more money than they’ve made in a long time. Venezuela is going to do fantastically well.”

“The attack ended and they said: ‘let’s make a deal,” Mr. Trump said.

Greenland:

Donald J. Trump said that no country—and no alliance of countries—has the capacity to defend Greenland except the United States, arguing that the island’s security is inseparable from America’s own.

Speaking to a crowd, Trump opened with a light moment—joking about whether he should address Greenland—before turning serious. He said he holds “tremendous respect” for the people of Greenland and Denmark, but stressed that every NATO ally must be capable of defending its territory, something Greenland cannot do on its own.

Trump warned that the world is far more dangerous than it was in the past, citing advanced missile systems, nuclear threats, and emerging weapons “I can’t even talk about,” and argued that Greenland’s vulnerability makes it a strategic liability.

He rejected claims that U.S. interest in Greenland is about rare earth minerals, insisting instead that geography and security are decisive. Greenland, he said, is “an enormous, unsecured island” on the northern frontier of the Western Hemisphere—effectively part of North America—and therefore falls within America’s strategic responsibility.

“This isn’t about resources,” Trump made clear. “It’s about security.”



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