Trump to attend Davos economic forum: White House

Trump to attend Davos economic forum: White House

United States president Donald Trump is sending at least half a dozen of his cabinet members to participate in the World Economic Forum (WEF) in Davos later in January.

Treasury Secretary Steve Mnuchin, who will lead the administration's economic delegation, on Thursday brushed aside portraits of the annual forum as a gathering of elite proponents of globalization, a characterization previously made some former Trump advisers.

"I don't think it is a hangout for globalists", Mnuchin insisted.

The president told the Wall Street Journal that he wants to be a "cheerleader" for the American economic success story in the first year of his administration.

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"We're thrilled the president is coming". Last year, before he was inaugurated, none of Trump's aides or Cabinet nominees attended the conference.

The theme of this year's Davos conference, which will take place January 23-26, is to examine the causes of and solutions for political, economic and social fractures in society.

Trump is a billionaire but ran a populist campaign aimed at energizing working-class Americans he said had been ignore by the Democrats. "This is about meeting business leaders and meeting our counterparts".

The WEF made the statement late Tuesday after the White House confirmed that Trump would attend the gathering of some 350 governmental leaders, plus hundreds of business executives and civil society leaders that takes place January 23-26. "We have obviously been very clear with the Chinese on the issue that we have with the trade deficit, making sure that USA companies can compete fairly".

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