""Calm down the hysteria," Treasury Secretary Scott Bessent said Tuesday. "Take a deep breath." He was urging European counterparts and journalists not to read too much into the current kerfuffle over President Donald Trump's desire to annex Greenland, which was followed by the threat of new U.S. tariffs on a group of European countries standing in solidarity with Denmark."
""America First" does not "mean America alone," Bessent insisted at a Monday gathering in this Swiss mountain town, where he urged friends "to follow President Trump's lead for global prosperity, peace and a restored international order." At the same time, Trump vividly illustrated why many attendees of the World Economic Forum, the preeminent annual meeting of political and business elite in the world, have a hard time feeling as sanguine as Bessent."
Treasury Secretary Scott Bessent urged European counterparts and journalists to calm down over President Donald Trump's public interest in annexing Greenland and related threats of U.S. tariffs against countries supporting Denmark. Bessent emphasized that 'America First' does not mean unilateral isolation and invited cooperation for global prosperity, peace and a restored international order. Trump amplified tensions by posting an AI image of European leaders surveying a map that placed Greenland, Venezuela and Canada within U.S. borders. The incident has shadowed the World Economic Forum, prompted European leaders to call for greater strategic and economic independence, and highlighted fraying transatlantic ties.
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