Trump Team Downplays Greenland Risk as President Forges Ahead

Donald Trump’s top economic advisers sought to downplay the risk of a US invasion of Greenland at the World Economic Forum in Davos, even as the president himself pledged to push forward with the idea of acquiring the Danish island.

US Treasury Scott Bessent urged allies to honor their trade agreements and dismissed the idea that countries would start dumping Treasuries, as European officials explore possible retaliatory measures should the president follow through on his latest tariff threat.

“Sit back, take a deep breath, do not retaliate,” Bessent said. “Have an open mind. Why this rapid response?”

It’s “possible” ...