US Treasury chief says retaliatory EU tariffs over Greenland ‘unwise’

US Treasury Secretary Scott Bessent gives a statement during the 56th annual World Economic Forum (WEF) meeting, at the USA House venue, in Davos, Switzerland, January 19, 2026. (Reuters)
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Updated 20 January 2026
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US Treasury chief says retaliatory EU tariffs over Greenland ‘unwise’

  • He said Trump wanted control of the autonomous Danish territory because he considers it a “strategic asset” and “we are not going to outsource our hemispheric security to anyone else.”

Davos: US Treasury Secretary Scott Bessent warned European nations on Monday against retaliatory tariffs over President Donald Trump’s threatened levies to obtain control of Greenland.
“I think it would be very unwise,” Bessent told reporters on the sidelines of the World Economic Forum in the Swiss ski resort of Davos.
He said Trump wanted control of the autonomous Danish territory because he considers it a “strategic asset” and “we are not going to outsource our hemispheric security to anyone else.”
Asked about Trump’s message to Norway’s prime minister, in which he appeared to link his Greenland push to not winning the Nobel Peace Prize, Bessent said: “I don’t know anything about the president’s letter to Norway.”
He added, however, that “I think it’s a complete canard that the president will be doing this because of the Nobel Prize.”
Trump said at the weekend that, from February 1, Britain, Denmark, Finland, France, Germany, the Netherlands, Norway and Sweden would be subject to a 10-percent tariff on all goods sent to the United States until Denmark agrees to cede Greenland.
The announcement has drawn angry charges of “blackmail” from the US allies, and Germany’s vice chancellor Lars Klingbeil said Monday that Europe was preparing countermeasures.
Asked later Monday on the chances for a deal that would not involve acquiring Greenland, Bessent said “I would just take President Trump at his word for now.”
“How did the US get the Panama Canal? We bought it from the French,” he told a small group of journalists including AFP.
“How did the US get the US Virgin Islands? We bought it from the Danes.”
Bessent reiterated in particular the island’s strategic importance as a source of rare earth minerals that are critical for a range of cutting-edge technologies.
Referring to Denmark, he said: “What if one day they were worried about antagonizing the Chinese? They’ve already allowed Chinese mining in Greenland, right?“


Afghan Taliban says Pakistan bombs Kabul in fresh escalation

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Afghan Taliban says Pakistan bombs Kabul in fresh escalation

KABUL: The Afghan government said on Friday that Pakistan had carried out fresh strikes on Kabul and several other provinces.

Taliban government spokesman Zabihullah Mujahid said in a post on X that Kabul, Kandahar, Paktia, Paktika, and some other areas, were targeted.

Pakistan has killed at least 641 Afghan Taliban operatives and injured more than 855 in the ongoing conflict between the two sides since last month, Information Minister Attaullah Tarar said on Wednesday.

Islamabad has said its airstrikes, which have at times directly targeted the Afghan Taliban government, are aimed at ending Kabul’s support for militants carrying out attacks on Pakistan. The Taliban has denied aiding militant groups.

Fresh clashes between the two neighbors began on Feb. 26 after Afghanistan’s border forces launched attacks against Pakistani military installations. Kabul said the attack was in retaliation for Islamabad’s airstrikes earlier in February. Both forces have since then engaged in the worst fighting between them in decades.

Relations between Pakistan and Afghanistan have remained strained since the Afghan Taliban seized power in August 2021. Pakistan has witnessed a surge in militant attacks across the country in recent months that it blames on militants it alleges are based in Afghanistan. Kabul denies the allegations and insists that its soil is not used by militant groups for attacks against other countries.

While Afghanistan has voiced the desire for dialogue, Pakistan has repeatedly ruled out talks, saying it will continue targeting militant hideouts through “Operation Ghazab lil Haq” until Kabul desists from supporting militants.