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Business

Donald Trump will likely be a no-show at Bloomberg leaders forum that promotes global trade

The elite attendees at the invitation-only event, timed to coincide with the UN General Assembly meeting, will include politicians and CEOs, but the US president is expected to be absent

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Michael Bloomberg (shown on September 12) says his global forum is intended to help ‘alleviate international trade tensions’. Photo: AFP
Jodi Xu Klein

US President Donald Trump is expected to skip a high-level business forum organised by Michael Bloomberg’s charitable group, in what will be a repeat absence at the gathering of global elites.

The goal of the Bloomberg Global Business Forum, which will take place for the second year on September 26 in New York, is to bring governments and companies together to promote global trade at a time when protectionism is on the rise, the organiser said on Monday at Bloomberg headquarters in New York.

Among the approximately 50 state leaders expected to attend are British Prime Minister Theresa May, French President Emmanuel Macron and Malaysian Prime Minister Tun Mahathir Mohamad. Chief executives including China’s Robin Li of Baidu and Xin Zhang of SOHO China are also set to participate.

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Robin Li, CEO of Baidu, attends the World Artificial Intelligence Conference in Shanghai on Monday. He is set to participate in the Bloomberg forum September 26. Photo: Reuters
Robin Li, CEO of Baidu, attends the World Artificial Intelligence Conference in Shanghai on Monday. He is set to participate in the Bloomberg forum September 26. Photo: Reuters

The forum is timed to coincide with the annual UN General Assembly meeting.

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“We extended invitations to every state,” said Maia Johnson, the forum’s head of programming. “In the case of the US, we have invited President Trump. At this point, we don’t expect the president to be at the event.”

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