Foreign policy
Trump to speak at Davos as his Greenland push, tariff threats take center stage
President Donald Trump is set Wednesday to speak at the World Economic Forum, directly addressing an audience that has been put on edge by his intensifying aggression toward the allied territory of Greenland. Trump’s speech is scheduled to begin at 8:30 a.m. ET. The address will be bookended by meetings with other world leaders attending […]
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U.S. still ‘the closest of allies’ with the UK despite rift, Finance Minister Reeves says
Rachel Reeves, UK Finance Minister, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC The U.S. remains the “closest of allies” with the U.K. despite a growing rift between the U.S. and Europe over the future of Greenland, Chancellor Rachel Reeves told CNBC […]
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European stocks open lower as trade war fears send jitters through markets
This photograph taken on January 20, 2026 shows a general view of the town of Davos at nightfall during the World Economic Forum (WEF) annual meeting in Davos. The World Economic Forum takes place in Davos from Jan. 19 to Jan. 23, 2026. Ina Fassbender | Afp | Getty Images LONDON — European stocks opened […]
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Scott Bessent says U.S. is unconcerned by Treasury sell-off over Greenland, calls Denmark ‘irrelevant’
“Denmark’s investment in U.S. Treasury bonds, like Denmark itself, is irrelevant,” U.S. Treasury Secretary Scott Bessent told reporters at Davos on Wednesday. The “sell America” trade was in full swing Tuesday after President Donald Trump and European leaders escalated tensions over Greenland. U.S. stocks and bond prices tumbled, sending yields spiking. It comes as Trump’s threats to impose 10% tariffs on eight European countries as […]
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CNBC’s UK Exchange newsletter: A diplomacy tightrope for Britain’s Starmer after Trump’s tirades
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch British diplomats have long prided themselves on the so-called “special relationship” with the United States. The phrase was coined by Winston Churchill, Britain’s inspirational wartime leader, when in March 1946 he famously described how an “iron curtain” had descended across […]
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CNBC Daily Open: Trump’s intensifying pressure on Greenland prompts investors to ‘sell America’
U.S. President Donald Trump takes questions from the media during a press briefing in the James S. Brady Press Briefing Room of the White House on Jan. 20, 2026 in Washington, DC. Win McNamee | Getty Images Markets on Tuesday flashed the classic signs of a “sell America” trade, as investors recoiled from escalating risks […]
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Asia markets fall after Trump’s Greenland rhetoric spark Wall Street rout
Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets fell on Wednesday, mirroring overnight losses on Wall Street after President Donald Trump escalated rhetoric over Greenland, threatening fresh tariffs on countries resisting the transfer of the […]
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‘This is sell America’ — U.S. dollar, Treasury prices tumble and gold spikes as globe flees U.S. assets
A trader works at the New York Stock Exchange next to a U.S. flag after Republican Donald Trump won the U.S. presidential election, in New York, Nov. 6, 2024. Andrew Kelly | Reuters The “sell America” trade is in full swing Tuesday morning after President Donald Trump and European leaders escalated tensions over Greenland. U.S. […]
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Danish pension fund to sell $100 million in Treasurys, citing ‘poor’ U.S. government finances
Protesters with Danish and Greenlandic flags attend a demonstration in Copenhagen, Denmark, Jan. 17, 2026. Nichlas Pollier | Bloomberg | Getty Images Danish pension operator AkademikerPension said it is exiting U.S. Treasurys because of finance concerns as Denmark spars with President Donald Trump over his threats to take over Greenland. Anders Schelde, AkademikerPension’s investing chief, […]
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Trump’s Greenland tariff threats could be upended by Supreme Court decision
U.S. President Donald Trump speaks as he meets with Secretary General of NATO Mark Rutte in the Oval Office of the White House in Washington, D.C., on Oct. 22, 2025. Kevin Lamarque | Reuters Trade attorneys tell CNBC that the looming U.S. Supreme Court ruling on President Donald Trump’s tariffs could impact Trump’s threats to […]
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