Welcome to the NewsHour. President Trump made his first major foray of the second administration on the world stage today,

delivering a virtual speech and taking questions from business leaders at the World Economic Forum in Davos, Switzerland.

The president hit many of the same themes as in his inauguration address on Monday. Before an audience comprised of world leaders and top business

people, he railed against the European Union, again threatened to levy major tariffs on

adversaries and allies alike, ruminated on global energy markets and spoke of his hopes to

end the war in Ukraine, which will enter its fourth year next month. Lisa Desjardin starts our coverage.

The president of the United States.

At the Davos World Economic Forum, President Trump's virtual reintroduction on the world stage.

Come make your product in America, and we will give you among the lowest taxes of any nation on earth.

The president had clear instructions for other world leaders.

If you don't make your product in America, which is your prerogative, then very simply

you will have to pay a tariff, differing amounts, but a tariff.

And a list of demands.

Saudi Arabia will be investing at least $600 billion in America, but I'll be asking the

Crown Prince, who's a fantastic guy, to round it out to around $1 trillion.

More money, lower prices.

And I'm also going to ask Saudi Arabia and OPEC to bring down the cost of oil. And a higher spending bar for NATO countries. I'm not going to ask Saudi Arabia and OPEC to bring down the cost of oil.

And a higher spending bar for NATO countries.

I'm also going to ask all NATO nations to increase defense spending to 5% of GDP, which is what it should have been years ago.

While at home on the Resolute Desk, a new batch of freshly signed executive orders, among them

declassifying files on the assassinations of John F. Kennedy, Robert Kennedy, and Martin

Luther King Jr. Mr. Trump also signed pardons for 23 anti-abortion activists and created

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