Carney rolls eyes at US Treasury chief, says he told Trump he meant what he said at Davos

Danish Prime Minister Mette Frederiksen has resisted President Trump's interest in acquiring Greenland. After escalating threats from Trump, he stated in January 2026 that he would not use force to take Greenland, hinting at a future deal. Frederiksen has consistently rejected the possibility of the United States gaining sovereignty over Greenland, particularly regarding military bases. She has been navigating a delicate situation, aiming to firmly refuse Trump's demands without provoking further aggression. The conflict began months prior, and Frederiksen's firm stance is credited as a factor in Trump's apparent backing down, although other factors also contributed.

On January 25, 2026, Greenland's capital, Nuuk, experienced a widespread power outage triggered by strong winds causing a transmission problem at the Buksefjord hydroelectric power plant. The blackout, which also affected water supplies and internet connectivity, impacted the city's 20,000 residents. The state utility worked to restore power, reaching 75% of the population by early Sunday morning. The incident occurred after the Greenlandic government released a disaster preparedness brochure advising citizens to stockpile essential supplies for up to five days. This guidance comes amid heightened geopolitical tensions stemming from U.S. President Donald Trump's expressed interest in acquiring the Arctic island.

Danish Prime Minister Mette Frederiksen has resisted pressure from then-President Donald Trump regarding Greenland. Trump had expressed interest in the U.S. acquiring the territory, but Frederiksen firmly rejected the idea. Despite escalating threats from Trump, he eventually backed down from using force to acquire Greenland, citing a potential future deal. Frederiksen's stance, along with other factors like congressional opposition, played a role in Trump's reversal. Negotiations continue as Frederiksen seeks to firmly reject any transfer of sovereignty over Greenland, including military bases, while avoiding further antagonizing Trump. The situation unfolded over several months, culminating in Trump's statements in Davos, Switzerland.

The United States, through Treasury Secretary Scott Bessent, threatened to impose 100% tariffs on Canadian imports if Canada finalizes a new trade deal with China. This threat follows a similar statement from President Trump. The US fears Canada could become a conduit for cheap Chinese goods entering the US market. The potential deal between Canada and China, announced in January, includes reduced Chinese tariffs on Canadian canola and visa-free entry for Canadian visitors, while Canada would import Chinese electric vehicles under preferential tariffs. This development occurs amidst existing trade tensions between the US and Canada, marked by US import duties on Canadian goods.

Canadian Prime Minister Mark Carney stated on Sunday that Canada has no intention of pursuing a free trade deal with China. This announcement came in response to Donald Trump's threat to impose a 100% tariff on Canadian goods if Canada pursued such a deal. Carney clarified that recent agreements with China were merely to rectify tariff issues in specific sectors. He emphasized Canada's commitment under the US-Mexico-Canada agreement not to pursue free trade with non-market economies without prior notification. This situation arose after Canada mirrored US tariffs on Chinese electric vehicles, steel, and aluminum, leading to retaliatory tariffs from China on Canadian goods. Carney's recent visit to China resulted in a reduction of Canada's tariff on Chinese EVs in exchange for lower tariffs on Canadian products and expected Chinese investment in the Canadian auto industry.

Donald Trump threatened Canada with a 100% tariff on all Canadian goods entering the U.S. if Prime Minister Mark Carney strikes a trade deal with China. The threat was made on Trump's social media platform, Truth Social, on Saturday. Tensions between Trump and Carney have risen after Carney's speech in Davos, Switzerland, where he pushed against the world's great powers. Trump accused Carney of planning to make Canada a "drop off port" for Chinese goods entering the U.S. It is unclear if the China trade deal, which reportedly includes electric vehicles, has been finalized. Trump's post referred to Carney as "Governor Carney," echoing past comments where he suggested acquiring Canada.

Despite President Trump's claims, U.S. and European officials state there is no intelligence suggesting China or Russia pose a security threat to Greenland. Trump has repeatedly cited security concerns as justification for wanting to acquire the island. Experts and officials say that despite China's growing interest in Arctic trade and resources, neither China nor Russia currently threaten American interests in or near Greenland. This assessment contrasts with Trump's assertion that Greenland is an "unsecured island" vital to U.S. national security. In a recent meeting, U.S. officials questioned Danish and Greenlandic foreign ministers about Denmark's ability to protect Greenland from potential future Chinese threats.

Donald Trump rescinded an invitation to Canada to join his Board of Peace initiative, which aims to resolve global conflicts. The withdrawal followed Canadian Prime Minister Mark Carney's speech at the World Economic Forum in Davos, where he criticized powerful nations using economic integration as weapons. Trump announced the decision via a Truth Social post directed at Carney, stating the invitation was withdrawn from Canada to join the "prestigious" board. Carney's office had previously stated he planned to accept the invitation. Carney's speech in Davos, where he urged nations to accept the end of a rules-based global order, received a standing ovation.

Canadian Prime Minister Mark Carney refuted Donald Trump's claim that "Canada lives because of the United States" during a cabinet retreat in Québec on Thursday. This exchange follows Trump's withdrawal of Canada's invitation to join the Board of Peace, a U.S.-led council focused on Gaza's post-war future. The tensions between Carney and Trump escalated at the World Economic Forum in Davos, where both leaders indirectly and directly criticized each other in their speeches. Carney advocated for middle powers like Canada to assert themselves in a fading rules-based order, while Trump stated Canada "should be grateful" for benefits received from the U.S. The White House pointed to Trump's Truth Social post when asked for comment.

In January 2026, Danish Prime Minister Mette Frederiksen made an unannounced visit to Greenland. The trip occurred amid ongoing pressure from U.S. President Trump, who has expressed interest in acquiring the island for national security reasons. Frederiksen met with Greenlandic Prime Minister Jens-Frederik Nielsen and other officials in Nuuk, Greenland's capital. The visit appeared intended to reassure the 57,000 Greenlanders of Denmark's support, following Trump's previous suggestion of buying the territory. Frederiksen emphasized the importance of close coordination between Denmark and Greenland, a semiautonomous island that has been part of the Danish kingdom for 300 years.

The United States' interest in Greenland dates back to World War II when it feared Nazi control of the Danish colony. During the Cold War, the U.S. transformed Greenland into a major military asset with air bases and radar sites under an agreement with Denmark. This agreement granted the U.S. significant military freedom on the island. More recently, President Trump has expressed interest in acquiring Greenland, continuing a decades-long history of tension and cooperation between the U.S. and Denmark regarding the island's strategic importance. The U.S. has long viewed Greenland as essential for military and strategic purposes due to its location.

President Trump announced a framework for a potential agreement regarding Greenland, resolving previous tensions. This announcement follows a dispute with NATO allies, partly concerning responses to increasing Chinese and Russian activity in the Arctic region. Trump stated the agreement would benefit the United States and all NATO nations. He made the announcement on social media on Wednesday and at the World Economic Forum in Davos, Switzerland. The agreement signals a shift from earlier threats made by Trump to potentially invade the Arctic island. He also stated he was dropping plans to hit eight European...

Following comments made by U.S. President Donald Trump at the World Economic Forum regarding a potential deal on Arctic security, Danish Prime Minister Mette Frederiksen asserted on Thursday that Denmark's sovereignty is non-negotiable. Trump had stated he agreed to a "framework of a future deal" with the head of NATO. The remarks come after previous interest expressed by Trump in purchasing Greenland, which is an autonomous territory within the Kingdom of Denmark. Many Greenlanders feel dismissed by Trump's comments. The Danish Prime Minister made the statement after a meeting in the Foreign Policy Committee in Copenhagen.

Donald Trump announced a "framework of a future deal" regarding Greenland after weeks of escalating tensions, including threats of tariffs and military intervention. The announcement followed talks with NATO Secretary-General Mark Rutte at the World Economic Forum. While European leaders welcomed the apparent de-escalation, details of the agreement remain unclear. The potential deal could grant the US sovereignty over areas with military bases and allow for rare earth mineral mining without Danish permission. However, Danish MPs expressed anger at Greenland's exclusion from the negotiations, and Rutte cautioned that much work remains. The focus of the framework appears to be on ensuring Arctic security through NATO allies.

Negotiations regarding Greenland's future are underway following President Trump's ultimatum, focusing on countering Russian and Chinese influence in the Arctic. Discussions involve establishing a new NATO mission called "Arctic Sentry" and updating a 1951 pact granting the U.S. military access to Greenland. A key proposal includes transferring sovereignty of specific Greenlandic territories to the United States, a move opposed by Denmark. The aim is to address U.S. security concerns in the Arctic while respecting Denmark's position against selling Greenland. The talks seek to prevent hostile actors from exploiting Greenland's resources and ensure continued American access for military operations. The outcome of these discussions remains uncertain due to Denmark's opposition to ceding any land.

Following a new framework agreement between US President Donald Trump and NATO, NATO Secretary-General Mark Rutte announced that NATO countries will be required to swiftly increase Arctic security. Rutte's comments, made at the World Economic Forum in Davos, Switzerland, come after Trump's threats to acquire Greenland, citing potential acquisition by China or Russia. While Trump has since dropped tariff threats and ruled out using force, the agreement necessitates enhanced Arctic security measures from NATO allies, potentially by early 2026. Discussions also involve the Golden Dome missile defense program. Rutte expressed confidence that non-Arctic NATO members would contribute and that this Arctic focus wouldn't detract from support for Ukraine.

An outline deal between the US and NATO aims to increase NATO's presence in the Arctic to monitor Russian ship movements, contingent on respecting Greenland and Denmark's sovereignty. The agreement, which has been under discussion for some time, requires dedicating new resources to Arctic monitoring. The deal's stability is uncertain due to Trump's past erratic behavior and questions remain about US access to Greenland's minerals and a potential defense shield. The UK and Germany have been pushing for a NATO-led "Arctic sentry," modeled after existing Baltic and Eastern sentries, to address perceived threats from Chinese and Russian fleets. Some NATO members are hesitant, questioning the immediate threat from Russia. A recent NATO reconnaissance mission was designed to assess the scale of the Russian presence and the feasibility of a monitoring mission.

In January 2026, President Trump claimed to have reached a framework with NATO for a deal regarding Greenland. The proposed agreement may allow the U.S. to own land in Greenland for military bases, potentially modeled after Britain's Sovereign Base Areas (SBAs) in Cyprus. Established in 1960, the SBAs are British overseas territories granting Britain significant control. This arrangement could give the U.S. a permanent presence in Greenland, greater regional control, and potential access to natural resources. However, Greenland's Prime Minister has stated that granting sovereignty over military bases is unacceptable. The SBAs differ from typical military outposts, as they are subject to British law and administration.

During a speech at the World Economic Forum in Davos, Switzerland, President Trump repeatedly referred to "Iceland" when he seemingly meant "Greenland." The White House denied any confusion on Trump's part. Trump has previously expressed interest in the United States acquiring Greenland, a territory of Denmark, citing security concerns. He announced a framework for a future deal on Greenland and the cancellation of planned tariffs on European countries. His comments about "Iceland" caused confusion, as he appeared to be discussing Greenland's strategic importance and its impact on the US stock market. The apparent gaffe occurred on Wednesday and has drawn attention due to Trump's previous interest in acquiring Greenland.

At the World Economic Forum in Switzerland, Donald Trump criticized Canada and its Prime Minister Mark Carney, stating Canada should be "grateful" for "freebies" from the U.S. This followed Carney's speech lamenting the erosion of international institutions and calling for new global strategies to combat the rise of "hegemons" upending global norms. Trump also reiterated his intention to control Greenland for a missile defense system that he claimed would defend Canada. Trump has increasingly cast doubt on the value Canada holds for their relationship, even saying the USMCA trade deal was "irrelevant" to him. Canada is looking for new trading pacts to decrease its reliance on the U.S.

At the World Economic Forum in Davos, Switzerland, President Trump addressed global leaders on Wednesday. He clarified that the U.S. would not use force to acquire Greenland, despite prior interest in the island for national security and rare earth deposits. Trump also criticized NATO's treatment of the U.S. and commented on Europe's changing landscape, while highlighting the strength of the U.S. economy under his leadership. He discussed the U.S.'s competition with China in areas like AI and cryptocurrency. The speech covered a range of topics, from international relations to economic performance, during the annual gathering of global elites.

At the World Economic Forum in Davos, Switzerland on January 20, 2026, reactions to reported threats from former U.S. President Trump regarding Greenland were a topic of discussion. California Governor Gavin Newsom urged European leaders to resist potential tariff threats from Trump related to their support of Greenland. The forum brought together global leaders, including French President Emmanuel Macron, Canadian Prime Minister Mark Carney, U.S. Treasury Secretary Scott Bessent, and European Commission President Ursula von der Leyen. The specific nature of Trump's threats and the reasons behind them were not detailed in the provided text, but the article suggests they are related to international support for Greenland.

In January 2026, Canadian Prime Minister Mark Carney delivered a speech at the World Economic Forum in Davos, Switzerland, describing the end of U.S. hegemony and calling for medium-sized countries to unite. The speech, which alluded to President Trump's policies without naming him, received a standing ovation. Carney warned that the "rules-based order" was fading and that without collective action, smaller nations would be vulnerable. His remarks came as Trump threatened tariffs on European powers supporting Greenland's sovereignty and after Trump's administration imposed tariffs on Canada, impacting key sectors of the Canadian economy. Carney's speech emphasized the need for Canada to find new allies in a changing global landscape.

At the World Economic Forum in Davos, Switzerland, President Trump's 70-minute speech stirred unease among a global audience. While he walked back his threat regarding Greenland, his remarks were viewed by some critics and lawmakers as a diversion from pressing global issues. Trump addressed topics ranging from NATO member Denmark and Ukrainian President Zelensky to global energy markets and his perceived success in settling conflicts. He also incorporated domestic grievances and self-congratulatory statements about the US economy, safety, and welfare programs. Analysts contrasted Trump's speech with more serious and nuanced messages from other world leaders, such as Canadian Prime Minister Mark Carney, suggesting Trump's remarks lacked substance and relevance to global concerns.

At the World Economic Forum in Davos, Switzerland, US President Donald Trump delivered a speech covering various topics, including European environmental policies and Greenland. Trump stated he would not use force to acquire Greenland, but then argued for the US's potential ownership of the island. The speech took place during the annual meeting of global leaders in January 2020. The BBC's Economics Editor, Faisal Islam, provided insights into how the speech was received by those present in the room. The purpose of Trump's appearance was to address the global economic community and present his views on key issues.

Asia's economies may indirectly benefit from the United States' assertive foreign policy under President Trump. Despite concerns about short-term commodity price volatility, Trump's actions, such as expressing interest in Greenland, targeting Venezuela's oil industry, and threatening intervention in Iran, are pushing countries to diversify trade relationships. Canada, for example, is looking to expand its customer base in Asia due to concerns about US economic pressure. These shifts in trade patterns and supply routes, particularly for oil and gas, could ultimately favor Asian nations as they seek to diversify suppliers and transportation options. This is happening now as a result of the current US administration's policies.

On January 21, 2026, global stock markets plunged following President Trump's intensified threats to acquire Greenland. Wall Street experienced its worst day since October, with the S&P 500, Nasdaq, and Dow Jones all experiencing significant declines. The US dollar also weakened, while gold prices surged to a record high. European and Asian markets followed suit, reflecting investor anxiety over Trump's demands and the potential for escalating tensions with Denmark and other European nations. Trump claims control of Greenland is vital to US security due to China and Russia’s strategic ambitions in the Arctic. The situation has strained US-European relations, raising concerns about the future of NATO and transatlantic trade.

The World Economic Forum annual meetings in Davos, Switzerland, began with a focus on US President Donald Trump's upcoming speech. California Governor Gavin Newsom advised handling Trump as "a T rex" that must be either appeased or devoured. European leaders, including Ursula von der Leyen and Emmanuel Macron, expressed concerns about Trump's comments on annexing Greenland, which they described as threatening and potentially punitive. The European Commission president called for a new form of European independence, while the French premier warned of risks of "new imperialism" and "autocracy against democracy". Macron also suggested that Europe might use its anti-coercion instrument to impose sweeping sanctions and tariffs if Trump's threat is not withdrawn. The gathering took place at the Swiss Alps conference centre in Davos on Tuesday, ahead of Trump's speech scheduled for Wednesday afternoon.

In Davos, Switzerland, on January 20, 2026, European Commission President Ursula von der Leyen criticized former U.S. President Donald Trump's recent announcement of new tariffs on European allies related to Greenland. Speaking at the World Economic Forum, von der Leyen questioned Trump's reliability, emphasizing the need to uphold a trade agreement established in July. She stated that the imposition of these tariffs was an error. The EU views the tariffs as a violation of the existing trade deal. The dispute centers around trade relations between the U.S. and Europe following Trump's decision.

Ahead of his scheduled speech at the World Economic Forum in Davos, Switzerland on January 20, 2026, President Trump is openly criticizing European leaders. Trump administration officials, including Treasury Secretary Scott Bessent, have expressed contempt for Europe, viewing it as weak and bureaucratic. Trump mocked European efforts to block his potential acquisition of Greenland, even posting a meme claiming it as a U.S. territory. He dismissed French President Macron's decision not to join the American-led "Board of Peace" overseeing Gaza, threatening tariffs on French wines. Despite the criticism, Trump shared flattering messages from Macron and the NATO secretary general on social media.

Denmark is facing a crisis over Greenland as threats by the United States to take control of the island have prompted a military response from Denmark. European allies have also sent small contingents to show support. The US interest in Greenland is driven by its strategic location and resources, making it a prized possession in an increasingly competitive global order. This development has exposed Denmark's own imperial past, as the country had previously aligned itself closely with the US and participated in wars that reshaped regions under the banner of security and alliance loyalty. Denmark's sovereignty and commitment to international law are being tested by this sudden application of imperial logic to its own territory. The crisis highlights the irony of Denmark's long-standing involvement in promoting these principles elsewhere.

Russia is observing the fallout from Donald Trump's interest in acquiring Greenland, viewing it as a potential weakening of transatlantic relations. While the Kremlin sees an opportunity to exploit divisions between the US and Europe, it also recognizes potential security risks for its own Arctic ambitions. Russian officials have publicly commented on the situation, with some praising Trump's potential historical impact and others highlighting Europe's challenges. Despite the opportunity to benefit from strained US-European relations, Russia remains cautious, aiming to maintain a working relationship with the US, particularly regarding the conflict in Ukraine. The situation is unfolding as Russia seeks to solidify its presence and influence in the Arctic region.

The World Economic Forum (WEF) is underway in Davos, Switzerland, with nearly 3,000 leaders convening to discuss global issues. The event is overshadowed by international tensions, including the potential for trade disputes between the US and Europe, driven by US interest in Greenland. Other concerns include Iran, Ukraine, AI, and the next head of the US Federal Reserve. Several prominent figures are scheduled to speak, including Ursula von der Leyen, Emmanuel Macron, He Lifeng, and Mark Carney. The US has sent its largest delegation ever, with Treasury Secretary Scott Bessent stating that European retaliation would be "very unwise." In addition to formal discussions, business deals are expected to be negotiated throughout the week.

U.S. Ambassador to NATO Matthew Whitaker addressed growing European concerns regarding U.S. interest in Greenland, stating that Arctic security is a core American defense interest. In an interview with Fox News Digital, Whitaker emphasized Greenland's strategic importance to U.S. security due to its location and the opening of Arctic routes as ice thaws. He downplayed European reactions, suggesting they "overreact" and that the issue primarily concerns the U.S., Denmark, and Greenland. Whitaker cited a recent meeting between Danish, Greenlandic, and U.S. officials as a sign of constructive progress. He also urged NATO allies to increase defense spending, referencing the "peace through strength" doctrine, to ensure collective strength within the alliance.

The article discusses a potential crisis in transatlantic relations stemming from the US interest in acquiring Greenland. European leaders, who have largely accommodated President Trump's demands on issues like NATO spending, are facing a critical juncture. Trump's pursuit of Greenland from Denmark has sparked concern about sovereignty and Europe's ability to assert itself. While European officials have expressed strong opposition, their dependence on the US for security puts them at a disadvantage. The situation is straining relations between Denmark, Greenland, and the US, potentially forcing Europe to take a firm stand against US pressure. The article suggests this could be a pivotal moment for the transatlantic alliance.