President Trump has cancelled his planned trip to the annual meeting of the World Economic Forum (WEF) at Davos, Switzerland, citing the "intransigence" of the Democrats on his funding request to build a controversial wall along the US-Mexico border.

Trump was scheduled to attend the five-day Davos Summit which will begin from January 21. "Because of the Democrats intransigence on Border Security and the great importance of Safety for our Nation, I am respectfully cancelling my very important trip to Davos, Switzerland for the World Economic Forum. My warmest regards and apologies to the @WEF!" Trump tweeted. He has demanded $5.7 billion from the Congress to construct a wall along the US-Mexico border.