Watch again as Donald Trump addressed the World Economic Forum in Davos on Thursday, 23 January, days after he was inaugurated as the 47th president of the United States. Delivered via video link, it was the Republican's first major speech to global business and political leaders since he was sworn in on Monday.

Here are five economic forces that could shape the first year of Trump's presidency: Whipping inflation is easier said than done. President Donald Trump, along side first lady Melania Trump, speaks as he meets with homeowners affected by Hurricane Helene in Swannanoa, N.C., Friday, Jan. 24, 2025. Credit: AP/Mark Schiefelbein

U.S. President Donald Trump drew pockets of laughter and a few moans with his blunt comments to an international audience while appearing by video link at the World Economic Forum meeting in Davos, Sw