Trump addresses World Economic Forum in Davos, touts trade deals, US economy

President Trump on Tuesday addressed the global business community in Davos while his adversaries back home prepared for his impeachment trial.

Trump took the stage and touted his administration's policies for helping create a historic unemployment level and taking a new proactive stance toward trade. He said recent trade agreements will represent a new model for the 21st Century that is based on fairness and reciprocity.

Despite troubles back home, Trump reminded the audience that when he spoke there two years ago he told them that the great American comeback was officially launched.

"Today I'm proud to declare the United States is in the midst of an economic boom, the likes of which the world has never seen before," he said. He went on to vow never to let "radical socialists destroy our economy."

Trade discrepancies, he said, has for decades been ignored, tolerated and enabled by other administrations.

But he cheered his landmark United States-Mexico-Canada Agreement (USMCA) and China trade deals and their potential benefits to Americans. He also said the tough negotiations have solidified relationships with other countries. He said his relationship with China's President Xi Jinping has never been better.

"He is for  China, I'm for the U.S., but other than that, we love each other," Trump said.

Trump also said that the U.S. will join the one trillion trees initiative to help combat climate change. Greta Thunberg, the teenage climate activist, is also expected to speak at the forum later in the day.

The two-day Swiss visit will test Trump's ability to balance his domestic issues involving impeachment with a desire to project leadership on the world stage. Speculation had mounted that Trump would cancel the trip due to the Senate trial, but aides said he remains focused on producing results for the American people.

Trump's positive outlook at Davos seems a world away from Democrats in Washington who want to see him removed from office. His impeachment trial proceedings are set to begin at 1 p.m. ET on Tuesday with the expectation they will stretch well into the night on Capitol Hill.

The Democratic-controlled House impeached him last month for abuse of power and obstruction of Congress after it was revealed that he had pressed Ukraine's president to announce investigations into former Vice President Joe Biden, a Democrat and a Trump political rival. Trump withheld foreign aid that Congress had approved for the Eastern European nation and dangled the prospect of an Oval Office meeting as leverage.


Trump denies any wrongdoing and argues that Democrats want to remove him from office because they know they can't deny him reelection in November. Trump would be forced to leave office if convicted, but the Republican-controlled Senate is expected to acquit him.

Fox News' Gregg Re and the Associated Press contributed to this report