US EditionTariff Retaliation Would Be 'Very Unwise', Trump's Treasury Secretary ...
- President Donald Trump threatens to impose higher tariffs on countries opposing his desire to acquire Greenland, highlighting his view of the island as a strategic asset for the United States.
- US Treasury Secretary Scott Bessent warned European governments against retaliation, stating it would be 'very unwise.'
- France and Germany expressed defiance against Trump's threats, indicating they will not be 'blackmailed' over the issue.
- The EU is considering a package of retaliatory tariffs worth around £80 billion targeting U.S. imports.
19 Articles
19 Articles
U.S. Treasury Secretary Scott Bessent warned this Monday from the Davos World Economic Forum that it would be an “imprudence” for European countries to take trade retaliation against the tariff threats posed by President Donald Trump in relation to Greenland. In statements to journalists during the first day of the forum, Bessent defended the White House’s position and argued that the Danish autonomous territory in the Arctic is considered by Tr…
Very unwise: Trump aide warns Europe against counter-tariffs on US over Greenland
Speaking to reporters on the sidelines of the World Economic Forum annual meeting in Davos, Bessent dismissed the idea of retaliatory trade measures from Europe as tensions rise over President Donald Trump’s push to take control of the Arctic island.
In the dispute over Greenland, US finance minister Bessent warned the European states of retaliation tariffs. He considered this to be very unwise, said Bessent on the margins of the World Economic Forum in Davos.
Trump's demand for Greenland is still making a lot of headlines. Follow the developments here.
'Very unwise': Scott Bessent warns Europe against retaliating against Trump's Greenland tariffs
US Treasury Secretary Scott Bessent warns Europe against retaliating over Trump’s Greenland tariffs. He calls any countermeasures “very unwise” and urges allies to take the President’s intentions at face value. The warning comes amid rising backlash over Trump’s new tariffs on European nations.
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