Bessent urges Europe not to retaliate against Trump’s Greenland tariffs
US treasury secretary says at WEF in Davos that countries and companies should pause and ‘let things play out’Business live – latest updatesThe US treasury secretary, Scott Bessent, has urged European countries not to retaliate against the US’s trade tariffs announced over the Greenland...
<p>US treasury secretary says at WEF in Davos that countries and companies should pause and ‘let things play out’</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/jan/20/davos-von-der-leyen-he-macron-carney-wef-greenland-trump-uk-unemployment-business-live-news-updates">Business live – latest updates</a></p></li></ul><p>The US treasury secretary, Scott Bessent, has urged European countries not to retaliate against the US’s trade tariffs announced over the <a href="https://www.theguardian.com/world/greenland">Greenland</a> crisis.</p><p>Speaking in Davos, during the World Economic Forum, Bessent said countries and companies should pause and “let things play out” after Trump threatened a 25% tariff on a slew of European countries in his pursuit of the autonomous Danish territory.</p> <a href="https://www.theguardian.com/business/2026/jan/20/scott-bessent-europe-trump-greenland-tariff-us-wef-davos">Continue reading...</a>
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