A US judge has temporarily blocked Trump's order to change birthright citizenship, which is enshrined in the Constitution
The judge says the order, which was slated to take effect on 19 January, was "blatantly unconstitutional"
Earlier, Trump spoke at the World Economic Forum in Davos where he told the rest of the world that if they do not make their products in the US, they will face tariffs worth "trillions of dollars"
To gasps in the hall, Trump says Canada could "become a state" of the US and that the US did not need Canada's cars or lumber
Meanwhile, in the US, Trump has ordered 1,500 troops to the border to put up barriers as part of his immigration crackdown, and up to 10,000 troops could be deployed
The Kremlin says it is ready for a "mutually respectful dialogue" with Trump about the war in Ukraine, after the US president warned that Russia will face more sanctions if Putin doesn't stop what he described as the "ridiculous war"
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Trump: Canada could 'become a state' of the US to avoid tariffs
Edited by Brandon Livesay and Caitlin Wilson in Washington DC, and Tinshui Yeung in London
Max Matza
Reporting from court in Seattle
The hearing I'm at in Seattle just ended.
The judge orders an injunction.
25 minutes later we're all leaving.
For context: The order to end birthright citizenship had originally been slated to take effect on 19 February. We'll bring you more detail on this story.
Oliver Smith
Senior business producer, BBC News
There are a few stoney faces as delegates leave the hall following the speech Trump just delivered virtually here in Davos, but some happy ones too.
“A very powerful speech” says one audience member.
“I liked it, I thought it was really good” says another, a delegate from the US. “A lot of it made sense. Common sense. He’s just looking for fair trade."
One Swiss executive, though, is pretty downbeat.
“It’s nothing new, but it’s clear what he wants to do”, he says. “Am I happy? No I’m not happy. I think it’s bad for the world."Max Matza
Reporting from court in Seattle
I'm here at the federal courthouse in Seattle where Trump's bid to end birthright citizenship is facing its first legal test.
In 30 minutes a hearing brought by four states will begin. They want a judge to issue an emergency restraining order that would block Trump's executive order from taking effect next month.
I spoke to Kim Gunning, a lawyer who took some time off from her day job with a colleague to attend the hearing out of her own personal interest.
"I'm here as a citizen of this country who comes from a family of immigrants," she says.
Gunning also attended a 2017 hearing, where Democratic attorney generals fought to keep what is often called the "Muslim ban" from taking effect.
Birthright citizenship is the automatic American citizenship that is granted to anyone born in the country under the 14th amendment of the US constitution.
Back in the US, on Capitol Hill, the Senate is continuing to push through Trump's nominees in the confirmation process.
The Senate is expected to hold a procedural vote on Pete Hegseth's nomination for Defence Secretary, which is proceeding full steam ahead despite controversies surrounding his nomination.
The Agriculture, Nutrition and Forestry Committee is holding a hearing for Trump's nominee to lead the Department of Agriculture, Brooke Rollins.
Several other committees will hold business meetings to consider Trump's other nominees before they move to the hearing process.
Vishala Sri-Pathma
Business reporter
Oil prices have fallen after US President Donald Trump's speech at Davos, where he said he will ask Saudi Arabia and OPEC to cut prices.
"Right now the price is high enough that that war will continue," he said, referring to the Ukraine-Russia war.
US crude oil fell 85 cents, or 1.13%, to $74.59 per barrel, while global benchmark Brent dropped 73 cents, or 0.92%, to $78.27 per barrel.
Oil was higher during the day's session before President Trump began speaking.
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Trump: Canada could 'become a state' of the US to avoid tariffs
So we've just wrapped up reporting on Donald Trump's speech at the World Economic Forum in Davos.
Here are the key points he made:
With the conclusion of the question-and-answer session, Trump's virtual appearance at Davos ends.
Stick with us for more on what he said, how the world reacted, and what comes next on another eventful day for the Trump White House.
Earlier, Santander's Executive Chairman, Ana Botín, asked Donald Trump about his priorities regarding regulation and cutting bureaucracy, as well as how quickly these changes might take place.
Trump says they "will move very quickly", and then goes on to list how fast he believes his administration is getting things done just three days after his inauguration.
The final question for Trump is whether there will be a peace deal in the Russia-Ukraine war when the US president speaks at Davos again next year.
"You have to ask Russia. Ukraine is ready to make a deal," the US president replies.
Trump is then asked about the relationship between the US and China.
"All we want is fairness," he says. "We just want a level-playing field," adding that he does not want the US to be taken advantage of by China.
He cites the trade deficit between the two countries, as well as with other Asian countries.
Trump also says that he hopes China can help the US end the war between Russia and Ukraine.
"They have a great deal of power over that situation," he says.
He adds he wants to work with China on denuclearisation, saying other world leaders, including Russia's Vladimir Putin, would be in favour of the idea.
Asked whether under his leadership the US would guarantee gas supplies to Europe, Trump answers "yes".
"We would absolutely make an energy deal with Europe and would see it through."
He stresses the importance of America's LNG (liquefied natural gas) deliveries to the EU.
America is already a major LNG supplier to the 27-member EU, and its role is expected to grow even further.
Faisal Islam
Economics editor, reporting from Davos
To gasps in the hall, Trump again says Canada could “become a state” of the US, as a way of eradicating the US trade deficit with Canada.
He said: “We don’t need their cars and we don’t need their lumber.”
Brian Moynihan, CEO of the Bank of America, congratulates Trump on his election victory before asking a question.
Moynihan discussed the "wave of orders" Trump has made on immigration and trade and how this will impact the president's ambition to increase GDP growth and reduce inflation.
Trump says he will reduce the corporate tax rate to 15% for businesses that make their product in the USA. He claims this will create a "tremendous buzz".
In response to a question from the founder of the Blackstone Group, Trump has gone into great detail on his complaints about the European Union.
Mainly, he says that the countries' tariffs and taxes are too high, their regulations are restrictive, the trade deficit with the US is too large, and that they have gone after American companies like Google in court.
"We're going to do something about it," he says.
"I'm trying to be constructive, because I love Europe. I love the countries of Europe, but the process is a very cumbersome one, and they do treat the United States of America very, very unfairly."
Oliver Smith
Senior business producer, reporting from Davos
Outside the main hall, the main business of Davos goes on uninterrupted. Finance ministers and corporate leaders from across the world stop each other in corridors to chat and discuss business and politics, seemingly unaware of or too busy to pay any attention to what is being said in the main hall.
Just before President Trump’s speech began, I stopped one senior US banking executive who was walking in the other direction.
"I was thinking about going but now I have a meeting so I can’t make it," he tells me.
"Trump loves to do things face to face, so it will be interesting to see how this goes down on video link.
"If he knew how many people were talking about him here at Davos, good or bad, he’d be ecstatic," he adds.
Trump closes his statement by thanking the audience at the World Economic Forum.
He said he would have joined the meeting in Davos in person if his inauguration were not so close to the event, before adding that "many of his friends" are in the audience.
Trump is now taking questions from the panel.
As a reminder, he has joined the meeting via a virtual link.Faisal Islam
Economics editor, reporting from Davos
Donald Trump has just told the rest of the world that if they do not make their products in the US, they will face tariffs worth “trillions of dollars”.
That would have to be the much-feared universal tariff affecting the rest of the world.
“US will be the world capital of AI and crypto… come make your product in America, but if you don’t it’s your prerogative, but very simply, you will pay a tariff, differing amounts, which will direct hundreds of billions of dollars even trillions of dollars into our Treasury,” he tells the Davos elite directly about their biggest concerns.
Trump now moves on to the Ukraine war, saying his administration will begin efforts to secure a peace settlement between Russia and Ukraine.
He called the war an "absolute killing field" and says that nobody has seen such scenes since World War II.
He also notes big events coming up under his term.
Among them is the US's 250th anniversary, which will be marked next year.
The US will also be hosting the World Cup next year jointly with its neighbours to the north and south, Mexico and Canada.
The Olympics are also slated to return to the US in 2028, where they will be hosted in Los Angeles.
"We're just getting started," Trump says, saying that his country will be bigger and stronger than ever before.
Trump also mentions Nato, saying he is going to ask Nato countries to pay more.
"Most countries didn't pay until I came along," he claims.
Trump also speaks about the ceasefire in Gaza, which was negotiated in the final days of the Biden administration.
He says he was behind the deal and also takes credit for the hostages being reunited with their families.
The US president also says that America is a free nation once again, after he signed orders to stop government censorship.
"We have saved free speech in America, and we have saved it strongly," Trump says, adding that America will once again be a "merit-based country".
He also refers to a new official policy where there are only two sexes: male and female.
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