Trump cancels Davos trip over US-Mexico border wall row
[WASHINGTON] President Donald Trump on Thursday canceled his upcoming trip to the annual international conference at Davos, blaming the ongoing row in Washington over building wall on the border with Mexico.
"I am respectfully cancelling my very important trip to Davos, Switzerland for the World Economic Forum," he said in a tweet.
Mr Trump blamed opposition Democrats' "intransigence" over his demand for US$5.7 billion to extend a border wall with Mexico. As a side-effect of the row, swaths of the US government are temporarily closed, leaving more than 800,000 employees without pay.
Mr Trump had been due to make a brief appearance at the annual Davos get-together, which runs between January 21-25.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Saudi Arabia hikes oil selling prices for all grades to Asia
Slowing global economy to mean smaller revenue bump in Australian budget
Emerging-market optimism dashed by Fed as currencies, bonds sink
France’s Macron set to press China’s Xi on trade, Ukraine
Israeli Cabinet votes to shut down Al Jazeera’s local operations
Ukraine eases some wartime capital controls for businesses