US EditionBessent says US-Europe relations have 'never been closer' despite Greenland crisis
Treasury Secretary Scott Bessent called for calm amid rising tensions from Trump's 10% tariffs on European goods over Greenland acquisition push, with protests drawing thousands, officials said.
- On Tuesday, U.S. Treasury Secretary Scott Bessent said `I think our relations have never been closer` at the World Economic Forum, Davos, despite President Donald Trump's new 10% import tax threat on goods from eight European nations.
- President Donald Trump has pursued control of Greenland by insisting the U.S. needs it for security against China and Russia and posting doctored images showing Greenland as U.S. territory.
- European markets opened sharply lower, with benchmarks in Germany, France and Britain down about 1%, and the EU can respond with new tariffs, trade deal suspension, or the Anti‑Coercion Instrument.
- Greenland Prime Minister Jens‑Frederik Nielsen said on Monday the tariff threats would not change their stance, while European Union leaders plan an emergency summit in Brussels on Thursday to discuss retaliation.
- Bessent told countries to stick with trade deals and dismissed market speculation that European governments might sell U.S. Treasury bonds, urging reporters to `sit back, relax`.
79 Articles
79 Articles
‘Take a deep breath’: US Treasury Secretary Bessent brushes off ‘hysteria’ over Greenland
US Treasury Secretary Scott Bessent expressed confidence on Tuesday that the United States and European countries would find a solution over the US administration’s aim to take over Greenland, brushing off “hysteria” about a possible trade war. US President Donald Trump announced tariffs on Saturday on imports from European allies that oppose the United States taking over Greenland, an autonomous part of Denmark. European countries say new tarif…
US Treasury Secretary Scott Bessant said today that US relations with Europe remain strong and called on trading partners to "take a deep breath" and allow the tensions caused by the Donald Trump administration's new tariffs threats regarding Greenland to "resolve themselves".
Relations with the USA: Ursula von der Leyen fears "dangerous downward spiral" +++ Trump announces "very interesting Davos" +++ The news blog.
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