US EditionBessent says US-Europe relations have 'never been closer' despite Greenland crisis
Treasury Secretary Bessent said US-Europe relations remain strong despite Trump's Greenland acquisition push and tariff threats, urging calm as leaders seek diplomatic solutions.
- 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`.
125 Articles
125 Articles
The European representatives present at the World Economic Forum, which is being held this week in the Swiss city of Davos, sharpen their responses to the US president, Donald Trump, after his last ordago with Greenland. The Minister of Economy, Commerce and Enterprise, present at the meeting - Pedro Sánchez cancelled his assistance after the two-train accident in the Cordobesa town of Ardamuz - has opted for a firm and united response from the …
Channel News Asia
Insider PaperUS urges Europe to avoid 'reflexive anger' over Greenland
DAVOS: Europeans should avoid "reflexive anger" and sit down with US President Donald Trump in Davos to hear his arguments about acquiring Greenland, Treasury Secretary Scott Bessent said on Wednesday (Jan 21).
Europeans should avoid "conditional anger" and sit down with US President Donald Trump in Davos to hear his case for buying Greenland, Treasury Secretary Scott Bessent said on Wednesday. Trump was on his way to the annual meeting of the World Economic Forum in the Swiss ski resort, but the meeting has been overshadowed by a row with Europeans over his plans to take over the Danish autonomous territory....
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