The global elite in Davos woke up Tuesday breathing a sigh of relief after President Donald Trump concluded his first day in office only talking about trade wars rather than starting any.

The dichotomy between the gatherings of rich and powerful at Donald Trump’s inauguration and at the World Economic Forum in Davos was stark as the world woke up to a new reality under Trump.

As the World Economic Forum’s annual gabfest in the Swiss Alps got into full swing Tuesday, U.S. President Donald Trump gave everybody something to talk about with his actions on his first day back in office.

DAVOS, Switzerland — Long maligned as out-of-touch plutocrats, thousands of World Economic Forum regulars are descending on the exclusive Swiss ski resort of Davos this week with a spring in their step, electrified by Donald Trump’s Jan. 20 return to the White House.

Von der Leyen insisted that the United States remains an important partner, taking a conciliatory tone in a speech to the annual meeting of global elites in Davos, Switzerland. The EU's "first priority will be to engage early, discuss common interests, and be ready to negotiate" with Trump, she said.

China’s vice-premier used a Davos speech to paint Beijing as a bulwark of stability and solidarity. European leaders vowed to protect the bloc’s interests.

Chinese Vice Premier Ding Xuexiang warned of “no winners” in a trade war during a speech Tuesday during the World Economic Forum in Davos, Switzerland.

EU, German and Chinese leaders took turns defending global cooperation in Davos on Tuesday as the spectre of new trade wars looms following Donald Trump's return to the White House.

Stephen A. Smith and Bill O’Reilly join “CUOMO” to discuss President Donald Trump’s immigration plans and whether anything will change under new leadership. O’Reilly said he believes Mexico City’s government is an “enemy of America” for allowing cartels to have so much influence.

Speaking in Davos, Ukrainian President Volodymyr Zelenskyy questioned whether Trump was committed to NATO and European security.

Mexico is going to find a solution to avoid the imposing of tariffs by the United States, Economy Minister Marcelo Ebrard said on Friday, following threats from U.S. President-elect Donald Trump to do so.

EU chief Ursula von der Leyen declared on Tuesday (Jan 21) that Europe was ready to negotiate with the United States and seek to improve ties with China as Beijing warned against damaging trade wars in the face of Donald Trump's protectionism.