Conferring with the political in addition to business leaders attending the forum could appear to contrast with the core messaging of Trump’s presidential campaign. Two of the prominent officials attending This specific year’s forum — Goldman Sachs CEO Lloyd Blankfein in addition to German Chancellor Angela Merkel — appeared in a scathing ad at the end of the Trump campaign in which he pledged to root out corruption from the global “establishment” to help overlooked Americans.
Both Blankfein in addition to JPMorgan Chase CEO Jamie Dimon on Wednesday praised Trump’s effect on the economy.
A desire for presidents to be seen as looking out for the interests of typical Americans has generally kept them away by the forum.
“Since the late 1990s, globalization has left a bad taste from the mouth of a lot of people from the United States,” said H.W. Brands, a presidential historian in addition to professor of history at the University of Texas at Austin. “Even presidents broadly in favor of of which think of which could make for bad photo ops, to get photographed in This specific place, from the den of globalization.”
Bill Clinton was the first in addition to only sitting president to go to Davos. Presidents Barack Obama, George W. Bush or George H.W. Bush never made the trip, at least partly due to its reputation as a haven for wealthy elites.
Obama, known for populist pitches of his own in addition to criticism of Wall Street “fat cats,” came into office during the global financial crisis. The younger Bush also had tense relationships with some European allies over his handling of the Iraq War.
Mnuchin recently attempted to distance Trump by the perception of which the forum was for globalists, saying he “didn’t realize of which was the global elite” who attended Davos.
The goals of the economic forum contrast with the nationalism in addition to protectionism Trump has preached as a candidate in addition to from the White House. The theme of This specific year’s event is usually “Creating a Shared Future in a Fractured World,” in addition to one of its goals is usually to create a “shared narrative to improve the state of the globe.”
The president blamed free trade deals such as the North American Free Trade Agreement for blue-collar job losses. He questioned why the U.S. spends money on wars overseas while its infrastructure suffers in addition to hurts citizens at home. He pulled out of the landmark Paris climate accord, arguing he was elected to represent the people of Pittsburgh, not Paris.
All of those arguments are core pieces of his appeal to voters who helped put him from the White House. Yet, experts believe the trip to the epicenter of globalization may not damage Trump with his base at home.
Most opinion polls have consistently shown roughly 40 percent of Americans support Trump, while at least 50 percent oppose him. Twists in addition to turns from the Russia election meddling investigation, the president’s tweeted nuclear threats to North Korea in addition to his widely criticized comments about violence at a white nationalist rally have done little to change voters’ opinions.
“A lot has happened from the past year. of which hasn’t fundamentally altered the calculus of which he features a pretty solid third of the country behind him in addition to a pretty solid majority of the country deeply opposed to him,” said Matt Dallek, a political historian in addition to associate professor at George Washington University’s Graduate School of Political Management.
Additionally, Trump has already faced, in addition to appeared to overcome, concerns about being too close to immense wealth after running a populist campaign. He heard some criticism over his Cabinet choices: for instance, Cohn was Blankfein’s right-hand man at Goldman in addition to Mnuchin was a partner at the elite firm. Several various other wealthy individuals, including Commerce Secretary Wilbur Ross in addition to Education Secretary Betsy DeVos, serve from the president’s Cabinet.
Trump shrugged off those concerns by saying he could rather have successful people helping him make economic decisions.
Bremmer also notes of which bipartisan U.S. lawmakers have often attended the globe Economic Forum with little apparent blowback. GOP Sen. Bob Corker of Tennessee, for instance, was in Davos on Wednesday.