World leaders, bosses of the largest world companies and sprinkle celebrities gathered in the small Swiss mountain city of Davos for the annual World Economic Forum this week.
On the other side of the Atlantic, President Donald Trump begins his political return as the new President of the United States.
“Nothing will prevent us on the road,” he said as he swore to end America's “decline”.
Towards the end of the meeting, President Trump was broadcast directly from the White House web camera to convey his message of world domination directly to the global elite.
While he fascinates, he almost seduces the audience with a reliable picture of a thriving American economy that will scathing new technological heights, he simultaneously threatens threats of tariffs to those who have not chosen to move their factories to the United States.
Trillions dollars tariffs for the US Department of Finance for those businesses exported to the US market from foreign factories.
“Your prerogative,” he said, with a smile that is out of place in a godfather's movie. And then for one of his own, the chief of the bank of America Brian Monihan, a remarkable public, blaming the loan giant of “debating” many of his conservative supporters.
He uneasily murmured that he was sponsored by the World Cup.
During this first week of his second term, most people in Davos nodded as they still can't think what else to do.
Two worlds were confronted as the President of America First was broadcast as a 30-foot interplanetary emperor, in the “beating heart” in international economic order based on the rules.
One thing suggests that a trade deficit is a problem with your internal electorate. It is quite another to suggest in an internationalist forum that an ally of G7, CanadaBecome a state of your nation, extracting breaths in the audience, not just Canadians.
The address was in design, charming and offensive. There was a carrot and a stick for the rest of the world.
Because delegates absorb the mix of threats, invitations and sometimes praise, many seem to try to decide how much Trump can harm the global trading system, while appreciating how far ahead is aiming at this technological boom.
Davos is for this first week the Alternative Pole of Trump's second term.
In his agenda there was a consistency to use all funds Reduce energy prices, including through the pressure of oil sauditis.
He said that he would not only help reduce inflation, but also drain the oil crates from oil dollars to help end the war in Ukraine, by economic means. The termination of fire in the Middle East has already bought Trump some geopolitical credibility in these circles.
Christine Lagard, David Miliband and John Kerry were stirred in the hall. Different chiefs of the bank gathered on stage to praise and then slightly questioned the president.
The bottom line was this: Is President Trump serious about what sounded like threats to the World Economic System campaign? The answer will respond in the next four years and after.
The answer sounded like the most defined, yes. However, this does not mean that it will work.
Some leading US CEOs have told me that they are preparing for revenge tariffs for Titus-Ta-Ta to be applied to their export. Their assumption was that the President's love for the growing stock market would limit his tariff deployment.
But no one really knows. In any case, it is a lot to pick up. He has already withdrawn from the World Health Organization.
At Promenades, the whisper was on his project 2025 allies, who were supposed to withdraw from the IMF and the World Bank.
The rest of the world has some counterpart after deciding to return after Trump's whirlwind.
Now the Canadians are informing their retaliatory tariffs. In conversations with both the British Business Secretary and the Minister of Trade of EU Jonathan Reynolds and The head of the European Union Trade, Maros SefovicI found a desire for a calm dialogue.
They both make such arguments to try to discourage Trump from wider tariffs.
Reynolds told me that since the United States does not have a deficit of goods to trade the United Kingdom, there is no need for tariffs.
D -N -Sephkovic said the United States should really think about the surplus of his services.
But do they not consider the threats to the G7 and NATO allies Canada and Denmark (over Greenland) to be downright unacceptable and as absurd as France claiming Louisiana? Sephkovic didn't want to beat anything.
Diplomats make lists of American goods that Europe can already buy to demonstrate “victories” for President Trump, from weapons to gas to magnets in wind turbines.
It may make some sense for the rest of the G7 to work in unison for revenge against tariffs to concentrate the minds of congress and competing factions within Trump's court.
There are no signs that this is happening.
The history of American technological supremacy embodied by the Argalchy – IAmazon founder Jeff Bezos, Meta Mark Zuckerberg, Apple Leader Tim Cook and Google Sundar Picard – I had the best places to take office this week.
While the United States is the streets in front of Europe, its position against China is more uninsured.
One of the conversations about Davos was the high quality, much more cheap AI model made in China. The prediction that technological broos will break strips from each other in Trump's court has begun to come true within hours, not months.
Meanwhile, although most, though not all, here in Davos sounded quite seduced by Trump's optimism, some in Europe also see the opportunity for once in life to attract top researchers who may be less than in love than the American direction Policy. He was discovered by the head of the European Central Bank Christine Lagarde.
Others were looking for comfort in the fact that Europe should no longer face Biden's massive green subsidies, creating a more grader game for Europe again.
President Trump is changing the terms of world trade. The reaction of the rest of the world to this is as important as what the Trump administration decides.
January 24: The title of this story is updated to better reflect its content.