Trump cancels Davos trip over shutdown

President TrumpDonald John TrumpFeinstein, Iranian foreign minister had dinner amid tensions: report The Hill's Morning Report - Trump says no legislation until Dems end probes Harris readies a Phase 2 as she seeks to rejuvenate campaign 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 TrumpThe Hill's 12:30 Report: Trump blows up meeting after Pelosi 'cover up' remarks Trump adviser expected to leave White House, join Juul Cohen says Trump attorney told him to say Trump Tower talks ended earlier than they did MORE and Homeland Security Secretary Kirstjen NielsenKirstjen Michele NielsenCongressional Hispanic Caucus demands answers on death of migrant children Trump expected to tap Cuccinelli for new immigration post Kobach gave list of demands to White House for 'immigration czar' job: report 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 MnuchinThe Hill's Morning Report - Trump says no legislation until Dems end probes Democrats seize on IRS memo in Trump tax battle No agreement on budget caps in sight ahead of Memorial Day recess 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 PompeoFeinstein, Iranian foreign minister had dinner amid tensions: report Pentagon to present White House with plans to deploy up to 10K troops to Middle East: report Senate panel rejects requiring Congress sign off before Iran strike MORE, Commerce Secretary Wilbur RossWilbur Louis RossHillicon Valley: Lawmakers seek 'time out' on facial recognition tech | DHS asks cybersecurity staff to volunteer for border help | Judge rules Qualcomm broke antitrust law | Bill calls for 5G national security strategy Tech gets brief reprieve from Trump's Huawei ban Hillicon Valley: Trump takes flak for not joining anti-extremism pact | Phone carriers largely end sharing of location data | Huawei pushes back on ban | Florida lawmakers demand to learn counties hacked by Russians | Feds bust 0M cybercrime group MORE and U.S. Trade Representative Robert LighthizerRobert (Bob) Emmet LighthizerChinese, US negotiators fine-tuning details of trade agreement: report The Trump economy keeps roaring ahead Trump says no discussion of extending deadline in Chinese trade talks MORE.