Ahead of Trump's trip to Davos, its experts argue that he doesn't understand trade deficits

World Economic Forum 2016
Foto: AP Photo/Markus Schreiber

This week, President Donald Trump is scheduled to head to the 2018 World Economic Forum in Davos, Switzerland. The U.S. leader may seem an unlikely guest - Davos brings together the world's political and economic elite for what is generally viewed as a celebration of globalization.

Trump, meanwhile, is known for his populist views on trade and criticism of "the false song of globalism." Indeed, Trump is expected to call for more reciprocal trade deals in a speech Friday. The scale of the disagreement between the two viewpoints is outlined in a new paper put out by the WEF's network of trade experts ahead of Trump's arrival; it directly challenges his administration's views on trade...

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