Trump, Greenland and stocks
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Greenland, Davos and Trump
Digest more
The president's push to gain control of Greenland, a Danish territory, has created anxiety about the future of the alliance throughout Europe.
US stocks spiked on Wednesday following social media post from President Trump announcing the US and NATO "formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region" and called off threatened tariffs on European nations.
President Trump is addressing the gathering of world leaders, CEOs and policymakers as America's allies balk at his efforts to acquire Greenland.
The latest Morning Consult poll ending Jan. 18, found a 46% approval rating versus 51% that disapprove, noting an improvement since the recent decline that followed his military actions in Venezuela and high profile shooting by an ICE officer in Minneapolis, Minnesota.
US President Donald Trump spoke at the World Economic Forum in Davos, Switzerland, as tensions rise with European leaders over his push to acquire Greenland. Follow for live news updates.
In today’s newsletter: Trump is set to speak to European leaders reeling from his push to take control of Greenland at the World Economic Forum. The Supreme Court weighs a bid to fire Lisa Cook. And measles cases are on the rise, while vaccination rates for the disease are declining.
The Supreme Court’s lack of a ruling on the legality of President Trump’s sweeping tariff regime on Tuesday means the case won’t get resolved until at least next month. The closely watched case on whether it’s constitutional for Trump to issue painful tariffs under the 1977 International Emergency Economic Powers Act remained at a standstill on Tuesday.
The president’s effort to acquire Greenland, even with the threat of force off the table, has changed the way allies see the U.S.