US President Donald Trump delivered a virtual address at the World Economic Forum on Thursday, held in Davos, Switzerland. He engaged in a discussion with prominent business leaders, including Bank of America CEO Brian Moynihan and Blackstone Group CEO Stephen Schwarzman.

Trump, on his first day in office, suggested he may do just that. Trump has threatened to impose 25% tariffs on all goods from Canada and Mexico on February 1 in response to what he views as inadequate border security failing to stop drugs and migrants from coming into the United States.

Trump has threatened to deploy the US special forces to Mexico to take out drug cartels, and said in Davos that the US was also “dealing with Mexico very well”. His approach has had a dramatic effect on what are usually routine amendment procedures in most trade deals, Shoyer said.

Trump already gave Davos a taste of what is to come since his inauguration on Monday, which coincided with the WEF’s first day: tariff threats against Mexico and Canada, the US withdrawal from the Paris climate pact,

Trump's virtual appearance at the World Economic Forum annual meeting in Davos was full of promises and threats.

Civil organizations on Saturday called on the government of Claudia Sheinbaum not to give in to pressure from foreign companies during her participation in the World Economic Forum (WEF) and to promote an agenda that prioritizes social justice and care for the environment.

Dimon's comments Wednesday come as Trump has threatened to impose a 25 percent tariff on products from Mexico and Canada by February 1 and a 10 percent tariff on Chinese imports. Earlier Wednesday, Trump also teased the notion of imposing "taxes, tariffs, and sanctions" on Russia if it doesn't end its war against Ukraine.

Despite fears that the tariffs could spark a global trade war and reignite inflation domestically, Jamie Dimon, CEO of JPMorgan Chase, said they could protect American interests and bring trading partners back to the table for better deals for the country,

Bloomberg's Laura Davison shares her thoughts on President Trump's speech at Davos, the possibility for some type of tariff plan on Mexico & Canada to be announced on February 1st, and a federal judge blocking Trump's order on birthright citizenship.

U.S. President Donald Trump on Monday said he was thinking of imposing 25% tariffs on imports from Canada and Mexico because they were allowing many people to cross the border as well as fentanyl.

FOX 13's Kailey Tracy reports on President Donald Trump's signing of an executive order that renames the Gulf of Mexico as the Gulf of America in the eyes of the federal government.

Midwest gas prices are especially to be impacted if Trump's threatened 25% tariffs with Canada and Mexico are imposed.