Report: Newsom is denied entry to Trump’s Davos clubhouse

Donald Trump has barred Gavin Newsom from the USA House in Davos after the California governor mocked his ‘boring’ Greenland speech. Newsom’s press office claimed that he was denied entry to the US clubhouse following pressure from the White House on Wednesday. The USA House is the official US gathering area for global political leaders and business executives at World Economic Forum in Switzerland. Newsom was reportedly scheduled to speak at the building with a panel hosted by Fortune Magazine but was absent from the event.

‘How weak and pathetic do you have to be to be this scared of a fireside chat?’ Newsom wrote on X after he was denied entry. Newsom earlier told reporters that Trump’s keynote speech was ‘insignificant’ and mocked the president for backing off his threat to seize Greenland by force. The California Governor was sitting in the audience watching the speech as Trump declared that he was NATO’s ‘daddy’ and rebuked America’s European allies. Newsom, who appeared to be the most senior Democratic politician at the event, is sizing up a run for the presidency in 2028. ‘It was remarkably boring,’ Newsom said of Trump’s speech. It was remarkably insignificant. He was never going to invade Greenland. It was never real…Honestly I was really disappointed.’

The White House Rapid Response account on X also took a shot back at Newsom by mocking him for watching the president’s speech. ‘The failing Governor of California (rampant with fraud) watches from the corner cuck chair as @POTUS delivers a true masterclass in Davos,’ the rapid response account wrote on X alongside a picture of Newsom at Trump’s speech. ‘Embarrassing!’ Nonetheless, Trump’s Greenland remarks reignited the popular moniker attached to deployed by detractors when the president backs away from his biggest threats: TACO. ‘Trump Always Chickens Out’ was coined by Wall Street traders last May after the president repeatedly flip flopped on tariffs.

This week, it was a frenzy of Japanese stock market traders posting ‘TACO’ celebrations on X following Trump’s de-escalation. Traders anticipated Trump would live up to his TACO nickname long before the opening bell in New York as investors in Tokyo posted gleeful memes. ‘Japan stocks and US stocks both going up!! So glad I believed in Trump-san’s TACO,’ wrote one Japanese trader using the honorific Trump-san, a polite and respectful form of address for the president. Wall Street Investors and financial experts also forecasted on Tuesday night that Trump would have a ‘TACO’ moment ahead of his Davos speech.

‘The [market] decline is small, given the gravity of the situation,’ said Stephen Dover, chief market strategist at Franklin Templeton. ‘What that implies to me is that most investors are thinking TACO.’ Trump, a former New York real estate tycoon with a keen eye on Wall Street, closely tracks the markets and is likely aware stocks tumbled amid the Greenland controversy. Shares later rebounded after the president pledged not to use force.

Despite vowing to not use force, Trump still doubled-down at the speech on his pledge to take control of the Danish territory. The president claimed Greenland would be used to build the infrastructure for a ‘Golden Dome’ defense system that would protect the Western Hemisphere from ballistic missiles. The president over the weekend imposed tariffs on eight European nations over their support for Greenland. The tariffs will start at 10 percent next month and rise again to 25 percent in June, remaining in place until a deal is reached.