Market Update: We break down the business implications, market impact, and expert insights related to Market Update: World Economic Forum 2026 Day 2 LIVE: Tensions over Greenland should not distract Europe and U.S. from Ukraine, NATO chief says – Full Analysis.
U.S. President Donald Trump is likely to ramp up his push to acquire Greenland when he descends on Davos on Wednesday, facing down European opposition to his plans in the biggest fraying of transatlantic ties in decades.
Mr. Trump, who marked the end of a turbulent first year in office on Tuesday, is expected to overshadow the annual World Economic Forum (WEF) meeting in the Swiss mountain resort, where global elites chew over economic and political trends.
Mr. Trump told a news conference on Tuesday that he would have meetings about the Danish territory of Greenland in Davos and was optimistic that an agreement could eventually be reached.
“I think we will work something out where NATO is going to be very happy and where we’re going to be very happy. But we need it for security purposes. We need it for national security,” he said.
NATO leaders have warned that Mr. Trump’s Greenland strategy could upend the alliance, while the leaders of Denmark and Greenland have offered a wide array of ways for a greater U.S. presence on the strategic island territory of 57,000 people. Asked how far he is willing to go, Mr. Trump offered a cryptic response. “You’ll find out,” said Mr. Trump, who has linked Greenland to his anger at not receiving a Nobel Peace Prize.
Reuters