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Thursday, October 29, 2026Oct 29

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As Davos 2025 reacts to Trump tack, EU chief leads defense against climate change

German Chancellor Olaf Scholz, left, and Ukrainian President Volodymyr Zelenskyy meet at the Annual Meeting of World Economic Forum in Davos, Switzerland, Tuesday, Jan. 21, 2025. (AP Photo/Markus Schreiber, Pool)
German Chancellor Olaf Scholz, left, and Ukrainian President Volodymyr Zelenskyy meet at the Annual Meeting of World Economic Forum in Davos, Switzerland, Tuesday, Jan. 21, 2025. (AP Photo/Markus Schreiber, Pool) German Chancellor Olaf Scholz, left, and Ukrainian President Volodymyr Zelenskyy meet at the Annual Meeting of World Economic Forum in Davos, Switzerland, Tuesday, Jan. 21, 2025. (AP Photo/Markus Schreiber, Pool)


DAVOS, Switzerland (AP) — As the World Economic Forum’s annual gabfest in the Swiss Alps got into full swing on Tuesday, U.S. President Donald Trump gave everybody something to talk about with his actions on his first day back in office.

Energy industry executives could consider Trump’s vow to “drill, baby, drill.” Foreign leaders deciphered what he meant by his wish to expand U.S. territory. Trade advocates digested the unveiling of his “External Revenue Service” to collect tariffs and duties — a concern for many business leaders at the elite gathering.

From the earliest speeches Tuesday, panel discussions and back-channel meetings in the town of Davos, Trump’s executive orders and evocative oratory were setting tongues wagging.

Here’s a look at some major themes.