Trump will be in Davos this year

Britain's opposition Labour Party Shadow Chancellor John Mc Donnell waves to the audience following his speech at the Labour Party Conference in Brighton

The decision comes as a surprise to many observers, as he missed last year's gathering of the world economic elite and is a known critic of globalist policies that dominate in the forum.

During his election campaign President Trump had railed against globalisation in favour or an "America first" agenda, labelling Hillary Clinton, as "a globalist".

It is unusual for a United States president to attend the Swiss retreat. Onetime Trump adviser Anthony Scaramucci also appeared in a panel at Davos past year.

Sarah Sanders said Trump was excited to attend the tony forum in the Swiss Alps, his fifth foreign trip as president.

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Yet a White House statement indicated Trump would not hesitate to bring his nationalist message to the assemblage of globalists.

Last year's attendees included Google co-founder Sergey Brin, British Prime Minister Theresa May and Chinese President Xi Jinping. The theme for this year's conference is "Creating a Shared Future in a Fractured World". He is threatening to end the Nafta free trade agreement with Canada and Mexico, issue trade sanctions against China and scrap the Iran nuclear deal.

"Naming any list of global risks without naming President Trump would mean the list wasn't complete. There's policy uncertainty", said Rogoff, who is scheduled to be a panelist at Davos this year.

Executives at the conference will welcome Trump's corporate tax cut and the regulatory slash his administration had enforced.

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