Trump's personal interests impact global economies: Kuwaiti PM
Sheikh Ahmad Abdullah al-Ahmad al-Sabah states that the "influence of President Donald Trump and his future direction" will significantly "affect and shape the global economy."
Kuwaiti Prime Minister Sheikh Ahmad Abdullah al-Ahmad al-Sabah said Tuesday that US President Donald Trump’s decisions "serve his own interests and impact global economies."
He made these remarks while attending the 2025 World Government Summit in Dubai.
The summit, which began on Tuesday under the theme "Shaping Future Governments," runs until February 13 and features 30 heads of state and government, 140 governmental delegations, 400 ministers, and 6,000 participants.
"We enjoyed the discussions during the panel on global economic trends, with participants addressing the risks of artificial intelligence and its impact on the world," the PM said.
However, "there is one thing we must remember and pay attention to, as it will affect and shape the global economy in the coming period, and that is the influence of President Donald Trump and his future direction."
Without elaborating further, he emphasized the importance of recognizing that decisions are often made to serve personal interests. He noted that a response to these actions has already begun, highlighting its potential impact on global economies.
Since resuming office on January 20, Trump has sparked controversy with several economic and political moves, including raising tariffs and proposing the seizure of Gaza alongside plans to forcibly displace Palestinians to nearby Arab nations.
Trump's disastrous tariffs spark trade war
Trump announced plans on Monday to implement new 25% tariffs on all steel and aluminum imports into the US, a move that will impact major trading partners, including Canada and Mexico.
Describing the measure as affecting "everybody," Trump’s decision marked another significant escalation in his trade policy overhaul.
Trump's pre-announcement came as China’s retaliatory tariffs, introduced last week, officially took effect. These countermeasures target $14 billion worth of US exports, imposing a 15% tariff on coal and liquefied natural gas (LNG) and a 10% tariff on crude oil, farm equipment, and certain vehicles.
Speaking to reporters aboard Air Force One on Sunday, Trump confirmed plans to introduce reciprocal tariffs—matching US tariff rates to those of its trading partners—by Tuesday or Wednesday, stating they would take effect "almost immediately." He justified the move by saying, "And very simply, it’s, if they charge us, we charge them."
The decision on steel and aluminum was met with strong criticism from Doug Ford, the premier of the Canadian province of Ontario, who accused Trump of "shifting goalposts and constant chaos" that could endanger the economy. These new duties will be applied on top of existing metal tariffs.
Trump's 'inhuman' plan to displace Palestinians sparks criticism
On another note, Trump's proposal has triggered a diplomatic firestorm, prompting Egypt to host an emergency Arab summit on February 27 to address what officials have called "serious developments" regarding the threat to Palestine's existence. Egypt has led regional efforts to oppose the plan, coordinating with Jordan, Saudi Arabia, the UAE, and Bahrain.
Jordan’s King Abdullah II, who is currently in Washington for high-level meetings, has reiterated his concerns over any forced displacement of Palestinians. When asked about taking in displaced Palestinians, he stressed the need for a solution that serves "everyone's best interest" and stated, "We should wait to see [the] plan from Egypt." His discussions with US officials are expected to continue, as Jordan remains firmly opposed to any move that could alter the region's demographic balance or fuel further instability.
Similarly, Saudi Arabia issued a sharp rebuke, dismissing Trump's claim that Riyadh would normalize relations with "Israel" without Palestinian statehood. A source close to the Saudi government stated, "The Saudi crown prince doesn’t want to be seen as being part of what Trump is talking about."