President Trump announced in a Thursday tweet that he is canceling his planned trip to the World Economic Forum in Davos, Switzerland later this month as a result of the ongoing partial 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. My warmest regards and apologies to the @WEF!"

The big picture: Axios' Alayna Treene and Jonathan Swan reported Wednesday that a big Trump administration contingent — 8 Cabinet members, along with Trump himself — was set to head to Davos, but noted that the optics of attending during the shutdown could cause that number to shrink.