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Trump Heads to Davos Seeking Greenland Deal as Tariff Threats Loom

European leaders prepare countermeasures over his tariff‑linked bid for the Danish island.

Overview

  • After an in‑flight aircraft switch due to a minor electrical issue, the president continues to Switzerland for a speech this afternoon and a series of talks focused on Greenland.
  • He repeats that the United States needs Greenland for security reasons and signals confidence in a NATO‑level outcome while refusing to specify limits on how far he will go.
  • He threatens new duties on Germany and other European nations starting February 1 unless there is movement toward a U.S. purchase, with reports suggesting higher rates could follow by June.
  • The EU has put a planned transatlantic trade deal on hold and is weighing a roughly €93 billion counter‑tariff package under its anti‑coercion tools.
  • Denmark has reinforced its presence on the island, several NATO countries conducted a brief reconnaissance that included about 15 German soldiers, and new research finds roughly 96% of recent U.S. tariff costs fell on American buyers.