World

Bessent urges Europe not to retaliate against Trump’s Greenland tariffs

January 20, 2026

At the World Economic Forum in Davos, U. S. Treasury Secretary Scott Bessent advised European nations against retaliating to President Trump's proposed tariffs related to Greenland, labeling the media's response as 'hysteria.' He urged a more measured approach, suggesting that countries and companies should wait and see how the situation develops.

Bessent urges Europe not to retaliate against Trump’s Greenland tariffs

Credit: Theguardian

Key Highlights

Scott Bessent spoke at the World Economic Forum in Davos.
He urged Europe not to retaliate against Trump's Greenland tariffs.
Bessent described the media's reaction as 'hysteria.'.
He advised countries and companies to pause and observe the situation.
Trump threatened a 25% tariff on several European countries.

Business Donald Trump US news Trump tariffs World news Economics Tariffs Global economy Davos 2026

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Bessent urges Europe not to retaliate against Trump’s Greenland tariffs

Key Highlights

Sources

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