EconomyLens.com
No Result
View All Result
Wednesday, January 21, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Trump heads for Davos maelstrom over Greenland

Emma Reilly by Emma Reilly
January 21, 2026
in Economy
Reading Time: 8 mins read
A A
0
19
SHARES
236
VIEWS
Share on FacebookShare on Twitter

US President Donald Trump said he would hold meetings on Greenland in Davos. ©AFP

Davos (Switzerland) (AFP) – US President Donald Trump descends on Davos for a showdown with European leaders Wednesday as his bid to seize Greenland threatens to tear the transatlantic alliance apart. Trump — whose arrival in Davos was delayed when a “minor electrical issue” forced his presidential jet to turn back shortly after takeoff — mocked the Europeans a day before heading to the World Economic Forum over the fate of the autonomous Danish territory.

Related

Venezuela says $300-mn US oil sale used to prop up currency

Venezuela says $300-mn US oil sale used to prop up currency

Venezuela woos US oil majors with new investment czar

Thousands of farmers protest EU, Mercosur trade deal ahead of vote

Global tourism hit new record level in 2025 despite ‘weak’ US results: UN

But leaders gathered at the Swiss ski resort have closed ranks against Trump’s aggressive stance, with French President Emmanuel Macron vowing to stand against “bullies” and Canada’s Mark Carney warning of a “rupture, not a transition” to the US-led global order. The united stand drew a rebuke from Trump’s Treasury chief Scott Bessent, who told Europeans to “take a deep breath.” “Do not have this reflexive anger that we’ve seen and this bitterness,” Bessent told reporters in Davos hours before Trump’s arrival. “Why don’t they sit down, wait for President Trump to get here and listen to his argument,” he said.

Trump, who was originally scheduled to give a speech to the annual gathering of the world’s economic and political elite at 2:30 pm (1330 GMT), will be about three hours late to Davos, Bessent said, after the president was forced to switch planes. Trump said he would have a number of meetings on Greenland at Davos, as his designs on the vast island open the biggest rift between Washington and Europe in decades. Asked how far he was prepared to go to acquire Greenland from Denmark, a fellow NATO member, Trump told reporters: “You’ll find out.” As he left the White House, the president admitted he had “no idea” how the trip to Davos would pan out.

Trump insists mineral-rich Greenland is vital for US and NATO security against Russia and China as a melting Arctic opens up and the superpowers jostle for strategic advancement. He has turned up the pressure by threatening tariffs of up to 25 percent on eight European countries for backing Denmark, prompting Europe to threaten countermeasures against the United States. Trump dismissed European threats to fire a trade “bazooka” at the United States. “Anything they do with us…all I have to do is meet it and it’s going to go ricocheting backward,” he said in an interview with News Nation. “But we’re not looking into that. We’ll probably be able to work something out, possibly even during the next few days,” he added.

At Davos on Tuesday, Macron warned against US attempts to “subordinate Europe,” and blasted Trump’s tariff threats as “unacceptable.” France called Wednesday for a NATO exercise in Greenland, “and is ready to contribute to it,” Macron’s office said. European Commission President Ursula von der Leyen for her part warned that Trump risked plunging US ties with the European Union into a “downward spiral.” And Canadian Prime Minister Mark Carney — who has sought to reduce his own country’s dependence on Washington since Trump called for it to become the 51st US state — won a standing ovation at Davos for his stance. “We are in the midst of a rupture, not a transition,” Carney said of the US-led global system of governance. “Call it what it is: a system of intensifying great power rivalry where the most powerful pursue their interests using economic integration as coercion.”

In his own Davos speech, the White House said Trump wanted to focus on the US economy amid a cost-of-living crisis that threatens his Republicans in the 2026 midterm elections. But the US president’s extraordinary assertion of US power on the world stage one year into his second term means Greenland will form the backdrop to the address. Greenland’s prime minister said Tuesday his tiny population of 57,000 must be prepared for military force. On Thursday, meanwhile, Trump is set to formally announce the first charter of his so-called “Board of Peace,” a body for resolving international conflicts with a $1-billion price tag for permanent membership. The board was originally conceived to oversee the rebuilding of Gaza, but a draft of the charter seen by AFP does not appear to limit its role to the occupied Palestinian territory.

© 2024 AFP

Tags: Donald TrumpEuropeworld economic forum
Share8Tweet5Share1Pin2Send
Previous Post

Dazzling Chinese AI debuts mask growing pains

Next Post

Philippines to end short-lived ban on Musk’s Grok chatbot

Emma Reilly

Emma Reilly

Related Posts

Economy

Bessent says Europe dumping US debt over Greenland would ‘defy logic’

January 20, 2026
Economy

Tourists hit record in Japan, despite plunge from China

January 20, 2026
Economy

France PM to force budget into law, concedes ‘partial failure’

January 19, 2026
Economy

Germany brings back electric car subsidies to boost market

January 19, 2026
Economy

Europe wants to ‘avoid escalation’ on Trump tariff threat: Merz

January 19, 2026
Economy

Brazil, EU hail trade deal as victory for multilateralism

January 19, 2026
Next Post

Philippines to end short-lived ban on Musk's Grok chatbot

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

81

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Philippines to end short-lived ban on Musk’s Grok chatbot

January 21, 2026

Trump heads for Davos maelstrom over Greenland

January 21, 2026

Dazzling Chinese AI debuts mask growing pains

January 21, 2026

What growth?: Taiwan’s traditional manufacturers miss out on export boom

January 21, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.