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Trump Participates in a Reception with Business Leaders, Davos, Jan. 21, 2026

January 21, 2026 · The White House · 0:18:39

Embedded from the source channel — never re-uploaded. Watch on YouTube

What happened

President Donald Trump addressed a World Economic Forum reception with business leaders in Davos, Switzerland, on January 21, 2026, after being thanked by the Forum’s leadership for taking the time to attend during a packed schedule. The President told the room that companies and countries are “coming over and building” in the United States at a pace never seen before, putting tariff revenue at “I’d say $600 billion worth of tariff money coming in” and “maybe more than that by next year.”

He singled out Apple CEO Tim Cook in the audience — “He’s been good for 650,” the President said, putting Apple’s investment at $650 billion — and a $10 billion plant announcement he attributed to Toyota. On crime, he said Washington, DC “took us literally 6 weeks to make it safe and eight weeks to make it really safe,” and credited the same model in Memphis and Louisiana.

Why it matters

The reception is the Davos trip’s direct pitch to the investing class — the tariff-and-reshoring argument made to the executives whose pledges make up the investment totals this site tracks — filed on the Economy, Tariffs & Trade hub with every figure attributed to the President.

Scoreboard watch

Scoreboard watch: the figures stated at this reception — roughly $600 billion in tariff revenue, Apple’s $650 billion, Toyota’s $10 billion — are tracked claims for the investment ledger. Noted for the scoreboard editor; no entry is published from this page.

Sources: The White House, “President Trump Participates in a Reception with Business Leaders,” Davos, Switzerland, January 21, 2026 (official upload, embedded above). All figures and characterizations as stated by the President at the event.