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Davos 2019: CEOs irked by Trump's policies, trade war as business suffers

The companies gathered at the World Economic Forum in the Swiss Alps this year say they are worried Trump's trade war with China will dampen the global economy and business investments even further

Reuters  |  Davos 

From centre-stage in Davos last year, President Donald Trump told the world's corporate bosses that America is a great place to invest. It hasn't quite turned out that way. Foreign direct investment to the United States fell in 2018, and companies gathered at the World Economic Forum in the Swiss Alps this year say they are worried Trump's trade war with China will dampen the global economy and business investments even further. One key complaint here this week: Companies increasingly reliant on consumers in China have had to lower their earnings outlooks as the ...

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First Published: Wed, January 23 2019. 23:59 IST
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