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People clear the rubble inside St. Andrew's Cathedral which was damaged by a Russian strike on Zaporizhzhia, Ukraine, Saturday Jan 18, 2025. (AP Photo/Kateryna Klochko)

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Rescuers help elderly residents leave their damaged home after a missile attack in Zaporizhzhia, Ukraine, Thursday, Jan. 23, 2025. (AP Photo/Kateryna Klochko)

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President Donald Trump promised global elites lower taxes if they bring manufacturing to the U.S. and threatened to impose tariffs if they don’t. The president made the remarks Thursday in an address to the World Economic Forum. Trump spoke by video from the White House to the annual summit in Davos, Switzerland, on his third full day in office. He ran through his flurry of executive actions since his swearing-in and claimed that he had a “massive mandate” from the American people to bring change. He laid out a carrot-and-stick approach for private investment in the U.S.

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A Ukrainian self-propelled howitzer Dita of Azov brigade fires towards Russian positions at frontline in Donetsk region, Ukraine, Thursday Jan. 23, 2025. (AP Photo/Evgeniy Maloletka)

AP

A Ukrainian serviceman of Azov brigade carries artillery 155mm shell into a self-propelled howitzer Dita before firing towards Russian positions at frontline in Donetsk region, Ukraine, Thursday Jan. 23, 2025. (AP Photo/Evgeniy Maloletka)

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A Ukrainian self-propelled howitzer Dita of Azov brigade rides to firing position to open fire towards Russian positions at frontline in Donetsk region, Ukraine, Thursday Jan. 23, 2025. (AP Photo/Evgeniy Maloletka)

AP

A Ukrainian serviceman of Azov brigade loads artillery 155mm shell into a self-propelled howitzer Dita before firing towards Russian positions at frontline in Donetsk region, Ukraine, Thursday Jan. 23, 2025. (AP Photo/Evgeniy Maloletka)

AP

A Ukrainian serviceman of Azov brigade stands atop of a self-propelled howitzer Dita before firing towards Russian positions at frontline in Donetsk region, Ukraine, Thursday Jan. 23, 2025. (AP Photo/Evgeniy Maloletka)