Trump offers nothing new in Davos speech

In an obvious attempt to assuage the concerns of an elite global audience worried about his protectionist, isolationist "America First" strategy, United States President Donald Trump told attendees at the World Economic Forum in Davos on Friday that "America is open for business".

The US president was the hottest ticket in town and delivered his speech in a packed conference hall because people were curious about what he would say concerning the common challenges facing the international community. Yet rather than sharing with his audience American solutions, he used the podium as an opportunity to promote his achievements at home and sell the US as the best place for foreign investment.

Although he availed himself of the Davos podium to argue "America First" does not equal "America alone", and to "affirm America's friendship and partnership in building a better world", his sales pitch was simple: "There has never been a better time to hire, to build, to invest and to grow in the United States."