Trump cancels Davos trip over shutdown

President TrumpDonald John TrumpTrump pushes back on recent polling data, says internal numbers are 'strongest we've had so far' Illinois state lawmaker apologizes for photos depicting mock assassination of Trump Scaramucci assembling team of former Cabinet members to speak out against Trump MORE on Thursday canceled his planned trip to the World Economic Forum in Davos, Switzerland, citing the prolonged government shutdown.

“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,” he tweeted.

The president also offered his “warmest regards and apologies” to the organizers of the gathering of world leaders and global elites.

The announcement came on the shutdown's 20th day, with no end in sight to the funding impasse. Trump stormed out of a meeting with top Democrats on Wednesday, calling it a “waste of time” because they denied his request for border wall money.

The Davos conference is set to begin on Jan. 22 and conclude three days later.

White House officials for days have weighed scrapping the trip. Presidential travel abroad is logistically daunting under normal circumstances and even more so without several key aides to do advance and planning work because they were furloughed due to the shutdown.

Trump’s team was also wary of the optics of the president hobnobbing with billionaires and financiers while hundreds of thousands of federal workers back home go without pay.

The president referred to those discussions earlier Thursday while speaking to reporters before leaving the White House for a trip to the U.S.-Mexico border.

“Well, I intended to go and speak in front of the world financial community in Davos. That's still on. But if the shutdown continues — which is in a while from now — but if the shutdown continues, I won't go,” he said.

The president was set to travel with a large entourage to the annual gathering, a group that reportedly included his daughter and senior adviser Ivanka TrumpIvana (Ivanka) Marie TrumpDick Cheney to attend fundraiser supporting Trump reelection: report Trump Jr. dismisses conflicts of interest, touts projects in Indonesia Ivanka Trump talking to lawmakers about gun reform legislation: report MORE and Homeland Security Secretary Kirstjen NielsenKirstjen Michele NielsenTop immigration aide experienced 'jolt of electricity to my soul' when Trump announced campaign Trump casts uncertainty over top intelligence role Juan Williams: Trump, his allies and the betrayal of America MORE, whose agency is responsible for policing the border that Trump argues is in “crisis.”

Costs associated with booking hotels had already reached $2.9 million, according to the news website Quartz.

The U.S. delegation’s head, Treasury Secretary Steven MnuchinSteven Terner MnuchinPelosi warns Mnuchin to stop 'illegal' .3B cut to foreign aid Trump phoned bank CEOs as stock market plunged Wednesday: report The Hill's Morning Report — Trump and the new Israel-'squad' controversy MORE, is still expected to attend the gathering even in Trump's absence, multiple media outlets reported.

Other officials expected to travel to Davos include Secretary of State Mike PompeoMichael (Mike) Richard PompeoAfghan president vows to take revenge after Islamic State attack on wedding The Hill's Morning Report - Trump on defense over economic jitters Latest pro-democracy rally draws tens of thousands in Hong Kong MORE, Commerce Secretary Wilbur RossWilbur Louis RossTrump administration delays penalty on Huawei for another 90 days WaPo calls Trump admin 'another threat' to endangered species Recession fears surge as stock markets plunge MORE and U.S. Trade Representative Robert LighthizerRobert (Bob) Emmet LighthizerOn The Money: Economy adds 164K jobs in July | Trump signs two-year budget deal, but border showdown looms | US, EU strike deal on beef exports Chinese, US negotiators fine-tuning details of trade agreement: report The Trump economy keeps roaring ahead MORE.