By Echo Wang, Lananh Nguyen and Marwa Rashad DAVOS, Switzerland (Reuters) - U.S. President Donald Trump told business leaders at the World Economic Forum in Davos, Switzerland, that he wants to lower global oil prices,

Trump spoke by video from the White House to the annual summit in Davos, Switzerland, on his third full day in office.

Trump already gave Davos a taste of what is to come since his inauguration on Monday, which coincided with the WEF’s first day: tariff threats against Mexico and Canada, the US withdrawal from the Paris climate pact,

OTTAWA — The race to replace Canadian Prime Minister Justin Trudeau is dominated by one name: Donald Trump. How to wrestle with the incoming president and his tariff threats has emerged as the defining question in the Liberal Party leadership contest.

Dimon's comments Wednesday come as Trump has threatened to impose a 25 percent tariff on products from Mexico and Canada by February 1 and a 10 percent tariff on Chinese imports. Earlier Wednesday, Trump also teased the notion of imposing "taxes, tariffs, and sanctions" on Russia if it doesn't end its war against Ukraine.

Trump called on global businesses to make their products in America in exchange for lower taxes. “My message to every business in the world is very simple: Come make your product in America, and we will give you among the lowest taxes of any nation on earth,

Despite fears that the tariffs could spark a global trade war and reignite inflation domestically, Jamie Dimon, CEO of JPMorgan Chase, said they could protect American interests and bring trading partners back to the table for better deals for the country,

The World Trade Organization chief said on Thursday that any tit-for-tat trade wars prompted by U.S. President Donald Trump's tariff threats would have catastrophic consequences for global growth, urging states to refrain from retaliation.

Officials and business executives at the annual gathering in Switzerland said the fight against global climate change would continue with or without the United States.

By Divya Chowdhury and Victoria Waldersee DAVOS, Switzerland (Reuters) -Volkswagen needs to increase investments in the U.S. to hit its market share targets, and cut costs in Europe to achieve profitable growth,