Trump to push 'America first' agenda at World Economic Forum

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LONDON (CBS) President Trump arrived in Davos for the world economic summit with a message in mind: Peace and prosperity.

The president met privately with Israeli Prime Minister Benjamin Netanyahu and British Prime Minister Teresa May. During a photo op, the president downplayed division with May and promised to work together on economic development.

"The discussions that will be taking place are going to lead to tremendous increases in trade between our two countries," Trump said.

While meeting with Netanyahu, the president threatened to withhold financial aid to the Palestinians until Middle East peace talks resume.

"That money is on the table and that money is not going to them unless they sit down and negotiate peace," Trump said.

A Palestinian spokesman said the president's remarks were unacceptable.

Trump is in London to push his America first agenda and persuade foreign investors that the U.S. is open for business. But some critics consider the president's trade views to be protectionist and say protectionism could harm the global economy.

Earlier this week, the Trump administration slapped tariffs on certain foreign-made appliances and solar panels.

The president-- a businessman himself-- is expected to meet with European CEOs and urge them to invest in America in light of the recent tax cuts.

President Trump will deliver the keynote address at the conference Friday.