President Donald Trump repeated false claims about the US trade relationship with Canada and Europe in virtual Thursday remarks to the World Economic Forum in Davos. He also delivered a smattering of other misstatements and exaggerations about trade,

Canada can avoid tariffs if it becomes a state of the US, president tells business leaders at the World Economic Forum.

President Donald Trump reportedly elicited gasps from the international crowd gathered at the World Economic Forum in Davos, Switzerland, on Thursday when he suggested that Canada could become a U.S.

Trump says the United States does not need oil, gas, vehicles, or lumber imports from his allies to the north. Trump made the comments Thursday, in his first speech to world leaders since returning to the White House for his second term.

Trump’s tough talk and proposed tariffs on Canada would not only hurt one of America’s top trade partners, it would punish US automakers and regular Americans shopping for a new car, a new report said.

Speaking virtually to the World Economic Forum in Davos, Switzerland, Trump also said he will press NATO members to increase their defence spending target to five per cent of GDP.

Trump also told the crowd at the World Economic Forum in Davos, Switzerland that Canada has been tough to deal with over the years.

The Hughes fire ignited on Wednesday afternoon, growing to more than 8,000 acres in a few hours. The new wildfire grew quickly overnight and was dubbed an "immediate threat to life" by the California Fire Department.

The US Dollar has turned flat during the US trading session on Thursday. US President Trump spoke at the World Economic Forum in Davos. The US Dollar Index (DXY) is back above 108.00, though it is facing some mild selling pressure again.

The President's first international address of his second term will take place virtually at the World Economic Forum.

Donald Trump on Thursday will star in an eagerly-anticipated online appearance at the World Economic Forum in Davos, addressing global elites whose annual gabfest has been consumed by the US president's days-old second term.

In a speech, the U.S. President said Canada could become a U.S. state to avoid tariffs, and suggested that the U.S. doesn’t need Canadian oil and gas, cars or lumber