Davos braces for Trump’s ‘America First’ onslaught

Attendees listen to a virtual speech delivered by US president Donald Trump, at the Annual Meeting of World Economic Forum in Davos, Switzerland, Jan. 23, 2025. (AP/File)
Short Url
Updated 15 January 2026
Follow

Davos braces for Trump’s ‘America First’ onslaught

  • Trump will descend on the Swiss ski resort for an address Wednesday, at a meeting whose theme is “A Spirit of Dialogue“
  • Brende acknowledged that “our annual meeting is taking place against the most complex geopolitical backdrop since 1945“

PARIS: All eyes will be on Donald Trump next week as politicians and business leaders head to the World Economic Forum, wondering how to square the mercurial US leader with the Davos creed of open markets and multilateralism.
After a year of roiling the liberal international order since his return to office, Trump will descend on the Swiss ski resort for an address Wednesday, at a meeting whose theme is “A Spirit of Dialogue.”
“We’re pleased to welcome back President Trump,” Borge Brende, the forum’s chief executive, told an online press conference ahead of the Davos summit, six years after Trump’s previous in-person appearance during his first term.
He will bring along the largest US delegation ever, Brende added, setting the stage for private meetings on geopolitical flashpoints from Ukraine and Venezuela to Gaza, Greenland and Iran.
Trump told an event in Detroit, Michigan on Tuesday that he plans next week to “provide much more detail about our housing policies so that every American who wants to own a home will be able to afford one.”
His message to American voters, delivered before business and political elites, comes with US households feeling the squeeze from high costs of living as November’s midterm elections approach.
Brende noted that “the interest is to come together at the beginning of the year to try to connect the dots, decipher, and also see areas where we can collaborate.”
But with a protectionist tariff blitz and marked disdain for traditional US allies defining Trump’s second term, the chances of forging common strategies for the world’s biggest challenges appear slim.
Brende acknowledged that “our annual meeting is taking place against the most complex geopolitical backdrop since 1945.”
Economist Karen Harris at consulting firm Bain & Co. said “2025 will ultimately be seen as the year in which neoliberal globalization ended and... the post-globalization era began.”
It’s a shift in which “the US prioritizes national security, its own security, and uses the economy as a tool to achieve some of those goals,” she said, adding that this is a “very Chinese view of the economy as well.”
China is sending Vice Premier He Lifeng to Davos, while EU Commission chief Ursula von der Leyen and Ukraine’s President Volodymyr Zelensky will also attend.
Six of the Group of Seven leaders will also make appearances — only Japan will be absent.
Trump is bringing at least five key deputies including Secretary of State Marco Rubio and Treasury Secretary Scott Bessent, Brende said, alongside Steve Witkoff, his special envoy for the Middle East and Ukraine.

- ‘Broad rejection’ -

Addressing Davos by video last year, days after his second inauguration, Trump warned nations to shift manufacturing to the US or face punishing tariffs — a direct repudiation of decades of ever-opening trade.
In his latest upending of the global order in place since World War II, Trump this month pulled the United States out of 66 international organizations including around half linked to the United Nations.
This rejection of cooperative partnerships “is precisely a broad rejection of multilateral institutions,” said Philippe Dauba-Pantanacce, head of geopolitical analysis at the British bank Standard Chartered.
As a result, even if global trade manages to adapt to Trump’s tariff frictions, “we may end up with a world that continues its globalization, maybe with some adaptation and changes but... increasingly without the US,” Dauba-Pantanacce added.
A case in point is the European Union’s agreement this week to the Mercosur trade deal with South American countries, or China’s shift of exports from the United States to other parts of the globe.
With his tariffs, trade “is a subject where Trump has made a lot of noise,” Pascal Lamy, former head of the World Trade Organization, told AFP.
“But unlike what has been the case with geopolitics, whether it’s Ukraine, China, Iran or Venezuela, the impact on the global economy has been limited so far,” he said.
Among the 850 CEOs or board chairs set to attend are Nvidia’s Jensen Huang and Microsoft’s Satya Nadella.


Pushed to margins, women vanish from Bangladesh’s political arena

Updated 3 sec ago
Follow

Pushed to margins, women vanish from Bangladesh’s political arena

DHAKA: For more than three decades, Bangladesh was one of the few countries in the world to be led by women, yet there are almost none on the February 12 ballots.
Despite helping to spearhead the uprising that led to this vote, women are poised to be largely excluded from the South Asian country’s political arena.
Regardless of which parties win next week, the outcome will see Bangladesh governed almost exclusively by men.
“I used to be proud that even though my country is not the most liberal, we still had two women figureheads at the top,” first-time voter Ariana Rahman, 20. told AFP.
“Whoever won, the prime minister would be a woman.”
Women make up less than four percent of the candidates for this election: just 76 among the 1,981 contestants vying for 300 parliamentary seats.
And most of the parties put only men on their tickets.
Women’s political representation has always been limited in the conservative South Asian nation. Since independence, the highest number elected was 22 in 2018.
But from 1991 until the 2024 revolution, Bangladesh was helmed, represented abroad and politically defined by two women: Sheikh Hasina and Khaleda Zia.
Zia died in December after leading the Bangladesh Nationalist Party (BNP) for four decades and serving three terms as premier.
Hasina, the five-time prime minister overthrown in the July 2024 uprising, is hiding in India and sentenced to death in absentia for crimes against humanity.

- ‘Censored, vilified, judged’ -

Many rights campaigners had hoped the revolution that ended Hasina’s autocratic rule would usher in a period of greater equality, including for women.
While the caretaker government of Nobel Peace Prize winner Muhammad Yunus set up a Women’s Affairs Reform Commission, his interim administration has also been criticized for sidelining the body and making unilateral decisions without consulting women officials.
And there has been a surge of open support for Islamist groups, which want to limit women’s participation in public life.
After years of being suppressed, emboldened hard-liners have demanded organizers of religious commemorations and other public events remove women from the line-up, as well as calling for restrictions on activities like women’s football matches.
“Historically, women’s participation has always been low in our country, but there was an expectation for change after the uprising, which never happened,” said Mahrukh Mohiuddin, the spokesperson for women’s political rights organization Narir Rajnoitik Odhikar Forum (Women’s Political Rights Forum).
An entrenched patriarchal mindset means women are often relegated to household duties, she added.
Those who dare to speak out often face hostility.
“Women are censored, vilified... judged for simply being part of a political party,” said uprising leader Umama Fatema. “That is the reality.”
Even the group formed by student leaders of the revolution, the National Citizen Party (NCP), is fielding just two women among its 30 candidates.
“I don’t take part in any decision?making of my party, (and) the biggest and most important decisions are not taken in our presence,” said NCP member Samantha Sharmeen.
The NCP has allied with Jamaat-e-Islami, the largest Islamist party and one of 30 parties to have failed to nominate a single woman.

- ‘Can’t be any women leaders’ -

Jamaat’s assistant secretary general, Ahsanul Mahboob Zubair, said society was not yet “ready and safe” for women in politics.
Nurunnesa Siddiqa of its women’s wing added: “In an Islamic organization, there can’t be any women leaders, we have accepted that.”
One of the few women running in this election, Manisha Chakraborty, said women’s participation in Bangladesh’s politics has long been limited to tokenization.
The nation of 170 million people directly elects 300 lawmakers to its parliament, while another 50 are selected on a separate women’s list.
“The concept of reserved seats is insulting,” said Chakraborty, whose Bangladesh Socialist Party has nominated 10 women among it 29 candidates — the highest share in this poll.
“Lobbying, internal preference, nepotism — all play a role in making women’s participation in parliament just a formality,” she told AFP.
Former minister Abdul Moyeen Khan said the reserved seats “were meant to help women establish a foothold,” but “the opposite happened.”
Selima Rahman, the only woman on the BNP’s standing committee, said promising women leaders often “fade away” due to a lack of party support.
And while Zia and Hasina served important symbolic roles, she pointed to how both had been elevated to the pinnacle of power through family connections.
Student voter Ariana Rahman fears a long struggle lies ahead.
“More women in this election would have made me feel better represented,” she said. “The next few years are likely to be more hostile toward women.”