"Trump on Wednesday is set to address the World Economic Forum in the Swiss Alps, where his ambitions to wrest control of Greenland from NATO ally Denmark could tear relations with European allies and overshadow his original plan to use his appearance at the gathering of global elites to address affordability issues back home. Trump comes to the international forum at Davos on the heels of threatening tariffs on Denmark and seven other allies unless they negotiate"
"Trump said the tariffs would start at 10% next month and climb to 25% in June, rates that would be high enough to increase costs and slow growth, potentially hurting Trump's efforts to tamp down the high cost of living. The president in a text message that circulated among European officials this week also linked his aggressive stance on Greenland to last year's decision not to award him the Nobel Peace Prize."
President Donald Trump landed in Switzerland after a delay caused by a minor electrical issue aboard Air Force One that forced a return to Washington to switch aircraft. Trump is scheduled to address the World Economic Forum in Davos while pursuing ambitions to wrest control of Greenland from Denmark, a move that could damage relations with European allies and overshadow affordability agenda goals. Trump threatened tariffs on Denmark and seven other allies if they do not negotiate a transfer, starting at 10% and rising to 25%, measures that could raise costs and slow growth. A circulated text linked the Greenland stance to the Nobel Prize decision. U.S. Commerce Secretary Howard Lutnick said he and Trump planned to deliver a message that globalization has failed the West and the United States.
Read at ABC7 Los Angeles
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