Greenland, Treasury Secretary and tariffs
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Scott Bessent tells European leaders to ‘sit back, take a deep breath’ over Greenland tariff threats
DAVOS, Switzerland — U.S. Treasury Secretary Scott Bessent has called for calm over the U.S.’s fraught trade relationship with the EU and U.K., warning that the “worst thing countries can do is escalate against the United States.”
U.S. Treasury Secretary Scott Bessent said in Davos on Wednesday that Deutsche Bank's chief executive had called him to say the bank did not stand by one of its analyst reports suggesting European investors may dump U.
In a leaked message to the Norwegian prime minister, Trump said being snubbed for a Nobel Peace Prize inspired him to no longer ‘think purely of Peace’ when it comes to the U.S. taking over Greenland
Bessent played down criticism from European leaders of Washington's designs on Greenland, and whether the issue could spark a sell-off in U.S. Treasuries by institutional investors in Europe, such as pension funds in Denmark and elsewhere.