Trump draws attention at World Economic Forum as leaders discuss climate and trade issues

Donald Trump dominated the first day of the World Economic Forum in Davos, Switzerland, as European leaders criticized his withdrawal from the Paris climate agreement. They emphasized their commitment to climate action and democratic values amid concerns over Trump's territorial interests. In the cryptocurrency sector, executives expressed optimism about Bitcoin's future, attributing potential growth to Trump's regulatory stance. Bitcoin has already surpassed $100,000, reflecting market confidence in the new administration's policies. Trump did not impose tariffs on China but threatened 25% tariffs on Mexico and Canada. Concerns about inflation and trade wars were raised by business leaders, highlighting the uncertain economic landscape as the forum continues.