Bessent says US-Europe relations have ‘never been closer’ despite Greenland crisis

Summary

U.S. Treasury Secretary Scott Bessent affirmed strong America-Europe relations despite recent tensions caused by the Trump administration's tariff threats over Greenland at the World Economic Forum in Davos.

Key Points
  • U.S. Treasury Secretary Scott Bessent stated that US-Europe relations have never been closer despite tariff tensions.
  • President Trump announced a 10% import tax on goods from eight European nations in response to tensions over Greenland.
  • European nations have expressed outrage and are considering countermeasures including retaliatory tariffs and the EU's Anti-Coercion Instrument.
  • Thousands of Greenlanders protested against any U.S. takeover attempts, with Greenland's Prime Minister stating they will not be pressured.
Article image