Jan 19, 2026
Rolling coverage of the World Economic Forum in DavosScott Bessent then warns other countries not to retaliate against the US’s trade tariffs announced over the Greenland crisis.Asked about the uncertainty that companies face, and why any country should enter a trade deal with the US, Bessent repl ies:I would say this is the same kind of hysteria that we heard on April 2nd. There was a panic.What I am urging everyone here to do is sit back, take a deep breath, and let things play out.What president Trump is threatening on Greenland is very different than the other trade deals. So I would urge all countries to stick with their trade deals.I would imagine that he will have an announcement maybe as early as next week. Continue reading... ...read more read less
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