Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa Bay news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Charlotte news in your inbox

Catch up on the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Photo: Facrice Coffrini/AFP via Getty Images

DAVOS, SWITZERLAND — President Trump diverged sharply from the tone of this week's World Economic Forum in at least two ways during his opening session speech on Tuesday — he was exuberant about the state of the U.S. economy and dismissive of the threat from climate change.

Between the lines: Trump didn't mention impeachment in a campaign-style address in which he claimed to have launched a U.S. "economic boom the likes of which the world has never seen before."

The big picture: He also lambasted "prophets of doom" — an apparent reference to climate activists like Greta Thunberg, with whom he is sharing top billing in Davos.

  • After heralding a boom in U.S. oil and gas, Trump said the U.S. was committed to "ensuring the majesty of God's creation," but added that "now is not the time for pessimism."
  • "We must reject the perennial prophets of doom and their predictions of the apocalypse. They are the heirs of yesterday’s foolish fortune tellers."

As expected, Trump celebrated his trade deal with Canada and Mexico as well as the "phase one" trade agreement with China.

  • He strained credulity by claiming to have clinched "the two biggest trade deals ever made" in the span of a week, insisting the economy was in a "dismal state" when he took power.
  • At the heart of his speech was a claim to have revolutionized the American economy over three years with a "blue collar boom" that was only just beginning — a message perhaps tailored more for Detroit than Davos.
  • Trump also took the opportunity to bash the Federal Reserve, which he said "has raised rates too fast and lowered them too slowly."

On China, Trump said Beijing's economic practices had been "getting worse and worse" under his predecessors but would now be reined in.

  • He added the U.S.-China relationship "went through a rough patch" but "has never, ever been better."
  • Of Chinese President Xi Jinping, Trump said: "He’s for China, I’m for the U.S., but other than that we love each other."

In the room: Trump entered and exited to applause, but was only applauded during the speech when he mentioned a commitment to plant one trillion trees. Attendees occasionally chuckled and shook their heads at some of his brasher pronouncements.

  • He did not take any questions.

What's next: The president's schedule in Davos includes meetings with European Commission President Ursula von der Leyen, Pakistani Prime Minister Imran Khan and Iraqi President Barham Salih.

Go deeper: What's worrying the Davos crowd

Go deeper

The new Washington

Illustration: Sarah Grillo/Axios

The Axios subject-matter experts brief you on the incoming administration's plans and team.

Rep. Lou Correa tests positive for COVID-19

Lou Correa. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

Rep. Lou Correa (D-Calif.) announced on Saturday that he has tested positive for the coronavirus.

Why it matters: Correa is the latest Democratic lawmaker to share his positive test results after last week's deadly Capitol riot. Correa did not shelter in the designated safe zone with his congressional colleagues during the siege, per a spokesperson, instead staying outside to help Capitol Police.

Far-right figure "Baked Alaska" arrested for involvement in Capitol siege

Photo: Shay Horse/NurPhoto via Getty Images

The FBI arrested far-right media figure Tim Gionet, known as "Baked Alaska," on Saturday for his involvement in last week's Capitol riot, according to a statement of facts filed in the U.S. District Court in the District of Columbia.

The state of play: Gionet was arrested in Houston on charges related to disorderly or disruptive conduct on the Capitol grounds or in any of the Capitol buildings with the intent to impede, disrupt, or disturb the orderly conduct of a session, per AP.