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All eyes on Trump in Davos - Everything that happened on day two

Our correspondents on the ground bring you all the highlights of the second day of the World Economic Forum in Davos.

READ MORE : http://www.euronews.com/2026/01/21/all-eyes-on-trump-in-davos-everything-that-happened-on-day-two

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00:00Well, welcome to this Davos After Hours on Euronews. This is day two of the World Economic
00:13Forum. I'm Maria Tadeo. And I'm Sasha Vakulina. And of course, today the big day, the man of the
00:18hour, the moment, the week, maybe the year. Finally, President Trump took to the stage
00:23here in a speech that started with a commotion. How long do we queue for it?
00:28Oh, my God. That took us very well, like two hours for sure. We came in here, we queued
00:33there, and we wanted to get in to be there in that room. We did not make it. That was
00:37already too late. And the room, you can see right here behind us, this is exactly the door
00:41to the main Congress hall in the Congress center where President Trump did his speech. And
00:46the thing is that, you know, the access was privileged. The access was limited. It was
00:49only given to the highest possible badge.
00:52Four leaders to queue. Remember, you saw the Finnish president waiting.
00:56We did see the Finnish president queuing and waiting and not being able to get into the
01:01room.
01:02So the security was very tight. But also, of course, it's not just the objects, but really
01:05the substance. And in the speech, once again, President Trump alluded to Europe saying this
01:10is a continent that he likes. He says he loves it, but it's not going in the right direction.
01:14And I love Europe and I want to see Europe go good. But it's not heading in the right direction.
01:22And we believe deeply in the bonds we share with Europe as a civilization. I want to see
01:28it do great. That's why issues like energy, trade, immigration and economic growth must be
01:34central concerns to anyone who wants to see a strong and united West. Because Europe and those
01:42countries have to do their thing. They have to get out of the culture that they've created
01:47over the last 10 years. It's horrible what they're doing to themselves. They're destroying
01:51themselves. The United States cares greatly about the people of Europe. We really do.
01:56I mean, look, I am derived. We want strong allies, not seriously weakened ones.
02:03And that was the president, of course, of the United States repeating again, the Europeans,
02:06they are weak. This is a continent that is not going in the right direction. Of course, Europeans
02:10would disagree. They would argue it's the U.S. that's going in a very dangerous direction,
02:15perhaps. And they're really into trying to prove that they are not weak and they are willing
02:19to go as far as they need to go. And this is something we're going to hear more about
02:23tomorrow as well on Thursday from Brussels. Exactly. Because there's going to be an important
02:27European leader summit, which, of course, will debrief the entire sequence from Davos.
02:32But also look whether or not there is going to be a potential de-escalation into the tensions
02:38we've seen this week. And this takes us to the comments from the president on Greenland's
02:42because he repeated, yes, the U.S. needs it, but is not willing to take it by force. There's
02:47a big difference. Let's take a look. We probably won't get anything unless I decide to use excessive
02:52strength and force where we would be, frankly, unstoppable. But I won't do that. Okay. Now everyone's
03:02saying, oh, good. That's probably the biggest statement I made because people thought I would
03:08use force. I don't have to use force. I don't want to use force. I won't use force.
03:11And now what I'm asking for is a piece of ice, cold and poorly located, that can play a vital
03:20role in world peace and world protection. It's a very small ask compared to what we have given
03:29them for many, many decades. And that's the reason I'm seeking immediate negotiations to once again
03:37discuss the acquisition of Greenland by the United States. And that is, of course, a speech made a lot
03:43of headlines in Davos, also around the world, really. But one of the things that was interesting
03:48to me is he did say Greenland, it's not really a territory, it's just a piece of ice and we need it.
03:54And if you play along, we're going to be grateful. If you don't, you're going to remember us. So to me, it seems
03:59it was not as aggressive as it could have been. In fact, remember, we're told multiple times that in fact,
04:04the speech was interpreted as de-escalation. We're not willing to do it by force. Yet nonetheless, he is serious
04:10about buying Greenland. He's not backing down. There is a de-escalation, as you said, but there is no way back.
04:15That's it. He's not coming back from this. The idea is that and he's very determined into making this happen
04:20the way he wants it. If he can make it in terms of diplomacy, great. If not, well, that, of course,
04:27remains a Belinda question. And it was interesting to get all the reactions as well on that note,
04:31on the de-escalation one. Indeed. And look, the man who's going to have to play a big role here is
04:36the Secretary General of NATO, because he is now a mediator in an incredibly difficult, complex
04:42situation. He also spoke in Davos here on day two. And he said, look, he may not be happy also with
04:48his performance as Secretary General. But in the future, the Europeans would be grateful for it.
04:53Absolutely. But it was also interesting to get the reactions of the leaders who were there in the room, right?
04:58When once they, once the speech was finished, you could see all these European and the world leaders
05:02indeed leaving the room. And we asked some of them, what is your perception now after the speech?
05:08Because this was so anticipated. There was so much tension built into that moment, right?
05:12And it was quite interesting to see that most of them, they felt somehow relieved.
05:17Because it wasn't as bad as it could have been. Absolutely. That's a benchmark now.
05:21It's not as bad as it could have been. Yes. So this is where we are. And we spoke with
05:24Prime Minister of Croatia and former U.S. Vice President.
05:29We heard firsthand everything that the President believes. And it was useful to be here to understand
05:34it completely. So no threat of force for Grenland. This was a good message.
05:40I think the only way to solve this situation is to talk to each other. There is no other way. I think
05:47the transatlantic partnership is important, was historically important, and we should do everything
05:52that it remains important. Well, I'm sure there is no other way than talks. That was very clear today.
05:58I think that a lot of it was just, you know, a little bit of a sideshow to make up for the fact
06:06that he withdrew his threat to take military action. Only time will tell. Only time will tell.
06:14Okay. So that was the immediate reaction on the floor. This was really just minutes after the speech
06:18ended. It's not easy. Again, I have never seen a stage so full and such anticipation for a speech.
06:26Nonetheless, Sasha, it seems to me this is maybe a pause, but it's not the end of the story because
06:31it's worth noting, however, the head of the European Commission was supposed to get on a plane
06:36and be back here in Davos. She did not. She decided to stay in Strasbourg where the European Parliament
06:41was meeting. And the Danish, to me, very interesting reaction, repeating, we can talk about a lot of
06:47things, but we are not going to settle. That has not changed. No, that has not changed. And the same way
06:52has not changed for Donald Trump and his intentions. He's saying, okay, there's an easy way or a hard
06:56way. Okay. But we're going to do it. He isn't willing to go the easier way. He isn't willing
06:59to go with the diplomatic way of doing things, the way that the Europeans were trying to push
07:03free. But if the diplomacy doesn't work yet, he's not going to stop. And that was very clear
07:08today at this speech as well. That was very clear. And actually, it's a good point because
07:12the fundamentals do not change. He's still saying, we want to buy this. If there's no negotiation,
07:17we're going to put forward tariffs. And then if there's tariffs, we start a new trade war
07:21between the European Union and the United States. So ultimately, a nicer speech compared
07:26to what could have been, but nothing really resolved. And lastly, there was some confusion
07:32around the Ukrainian president, whether he would be here, whether he would not ultimately
07:36know. He was not present on day two, and he's decided to stay in Ukraine. Why?
07:42Well, there's an interesting thing. Donald Trump also said that he would meet Zelensky when
07:45he was giving his address and his speech. In these very moments, you know, we rushed to
07:49double check the information with the office of the president of Ukraine. And during Trump's
07:54speech, Vladimir Zelensky was in Kyiv. He was in Ukraine. I mean, also horrible energy
07:59situation nowadays in the country. He's still not here, but he might be here in Davos on
08:05Thursday. We're going to bring that to you.
08:06So, of course, that is for day three. There's still a big question, Mark, as to whether or not
08:10we'll see Vladimir Zelensky, the Ukrainian president here at the World Economic Forum. But that
08:15is it for day two. We'll keep you posted for day three. And in the meantime, I'll leave
08:20you with Jane Witherspoon. She is at the Euronews News Hub.
08:26Thank you and good evening. Now, as President Trump arrived to deliver his speech, many of
08:31the roads in Davos closed down for security reasons. But the Euronews Hub remained very
08:37much open. Our travel event was a huge success and was attended by the Minister of Tourism for
08:44Angola, the President of Italian Tourism, as well as Prime Ministers from Mongolia and
08:50Sri Lanka.
08:51The World Economic Forum represents a sense of public and private partnership. We believe
08:58dialogue must lead to action through gradual yet determined policies, which we called movement
09:06against entropy. Mongolia's economy has rebounded strongly. Economic growth of Mongolia accelerated
09:16from 2.4 percent to 6.4 percent last year, accompanied by the international confidence.
09:24We are an example. So we have to bear the fact that, you know, whatever happens in our country,
09:29in Venice, in Milan, in Rome, whether it's a solution for the so-called overtourism or whether
09:35it's an initiative or whether something happens, if it happens in Italy, it normally has a global
09:39eco. So we have to be very responsible about the kind of example that we're setting.
09:44As a very unknown destination and an explored destination, we have to make ourselves known.
09:50That's why we are now the host country of the biggest consumer first in German market, which
09:57is the SudsgÄrd CMT. We are promoting our new tourist brand, Visit Angola.
10:03The meetings industry is all about bringing people together. That's what today we are doing,
10:07over 3,000 people in this beautiful location coming and talking about bringing dialogue, the
10:12spirit of dialogue together to talk about the future. From innovation, from intellectual capital
10:17development, to growth of destinations, what Angola is talking about, building new convention
10:22centre, building a new bureau. The wonderful statement by Honourable Prime Minister of Mongolia.
10:28I'm very optimistic. The meeting industry brings overall the knowledge, thought, the innovation
10:34and also the future generation together. And we see that from 25 to 26, the growth is about
10:4064 percent. So there are challenges around the world, geopolitical challenges we all face
10:45across, a lot of uncertainty. But given the fact of all that, the innovation, the technological
10:51development taking place, just to give an example, we all use the buzzword AI in the last
10:5624 months or so actively. There are 864 new meetings have been launched in the last 24 months
11:03only on the topic of AI. We also hosted an event celebrating all things Morocco in conjunction
11:10with the Moroccan Investment and Export Development Agency, AMD. We've been heavily investing in our
11:17country in order to prepare our industrialisation. So we have world-class infrastructure with world-class
11:23industrial ecosystems. Something that has been from the very beginning in our strategy,
11:28the openness. Morocco offers an access to more than 2.5 billion consumers thanks to our free
11:35trade agreements. Not last but not least, but the other key asset of Morocco, sorry, is our
11:41human capital. Tangier Med is the largest container port in Africa, but also the largest container
11:47port in the Mediterranean. Largest than the port of Barcelona, Port of Pirea or the Turkish
11:53ports. So again, when you're not an oil and gas country, being capable of building this
11:58top-notch infrastructure takes sophistication. And this is why our stability led us to build
12:05world-class infrastructure. This afternoon's conversation centred around Japan's strategy
12:10for strengthening its resilience and investment opportunities. Well, is Japan responding fast
12:16enough to today's challenge? I would say yes, because whenever I talk to the government people
12:22or the research people outside of Japan, they will say, at least for the economic security
12:27field, Japan is leading the way. And I think this is because Japan, Japanese government, minister
12:33and private sector people, they understand that it's a corporate, it's a business who are in
12:39the middle of the competition. So the government and private sector are exceptionally trying to have
12:48the conversation between each other to understand what is the right measures to take and what is the
12:52right moment to how much extent we can regulate to how much we can deregulate. So we've been
12:58working very hard and now we have the institutions and mechanism to work on. But me, I say up to now,
13:06yes. But 2026 is actually the moment that Japan has to do more. We have to accelerate more so that we can
13:14leverage what we have built on and go further more and involve engaging all the other nations to move forward together.
13:24Okay, let me think whether Japan is catching up with the pace of the global change. The answer is yes
13:32and no. Why? Because in case of Japan, Japan is strong in terms of collecting information, knowing
13:39about what is happening in terms of the economic, technological changes, and thinking about what
13:46should be done. And those are fast. But implementation, execution tend to be slower. I'll give you the
13:54reason why. Because Japan moves in a consensus basis. It's not like a top-down approach. We have to have a
14:01collective understanding about what to be done. So you discuss a lot. So it takes a while to make a decision.
14:08But once the decision is made, it can move so fast. So it's up to, on the other hand, if like a top-down approach,
14:17we may be able to move faster. But I'm not really sure all the companies or all the country itself is
14:24understanding about the changes or the necessity of changes. In case of Japan, after the consensus
14:29has been built, it's so fast. So the answer is yes and no. Yes, in terms of collecting information and knowing about what to be done.
14:36No, in terms of making decisions take longer. But execution is fast.
14:42That's it for tonight. We'll see you next time.
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