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Huge lines, laughs and gasps as Trump addresses Davos elites

Thomas Barnes by Thomas Barnes
January 21, 2026
in Business
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'It's like a rock festival', said one Davos participant while waiting in a huge line to hear Donald Trump's speech. ©AFP

Davos (Switzerland) (AFP) – It looked like a rock concert: hundreds of the world’s rich and powerful stood in a massive line for a precious seat to hear US President Donald Trump deliver his speech in the Swiss ski resort of Davos. After a two-hour wait, the doors to the World Economic Forum’s congress hall closed to the disappointment of many who had to scramble for spots in four overflow rooms to watch him on television screens.

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The exclusive crowd included executives of top companies, academics, and politicians — even the president of Latvia, Edgars Rinkevics, was stuck in line at one point before an aide guided him elsewhere. “It’s like a rock festival,” one attendee said. Another watched Trump’s helicopter landing in the mountain retreat on her phone. Some voiced concern about the escalating tensions between Trump and Europe over his bid to seize Greenland, an issue that has overshadowed the annual schmoozefest’s agenda.

“I expect the worst. From what we know from Trump, he always needs to have all the attention and he needs to have a shocker message,” Julia Binder, of IMD Business School, told AFP. And shock he did. In one overflow room, attendees laughed and gasped throughout his speech. Guffaws erupted when Trump talked about wind farms killing birds. Nervous laughs followed when he said he was asking for “a piece of ice,” meaning Greenland. Others gasped “oh no” when he stated: “Canada lives because of the United States.” Another exclaimed, “Oh my goodness!” when Trump recalled that NATO Secretary General Mark Rutte once referred to him as “daddy.” More laughs came when he mocked French President Emmanuel Macron for wearing sunglasses — due to a burst blood vessel — during his own speech on Tuesday.

“I would say he’s gone from neocon to neo-imperial,” one attendee whispered in another room. An hour into Trump’s rambling speech, some people started to leave from the overflow rooms.

– ‘Piece of rock’ –

Some said Davos was a place to listen to different voices. “Davos is a platform for an exchange of ideas, of views. So we are here to listen to all views, whether we like them or not,” said Daniel Marokane, chief executive of a South African power company. It was Trump’s first in-person visit to Davos since 2020. Last year, he addressed the Davos crowd via a livestream, warning that he would impose tariffs on their companies if they did not move production to the United States. Greenland has replaced tariffs as the topic of the week.

“What I can’t understand is why are we fighting over a piece of rock covered with ice,” Ken Griffin, the billionaire head of the Citadel pension fund, said at a panel hours before Trump’s arrival. “The United States has access to military bases in Greenland,” he explained. “We don’t need Greenland.”

© 2024 AFP

Tags: Donald Trumpgeopoliticsworld economic forum
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