DAVOS, Switzerland — The Greenland framework President Trump and NATO Secretary General Mark Rutte discussed on Wednesday includes the principle of respecting Denmark's sovereignty over the island, according to two sources briefed on the proposal.
Why it matters: Trump stated numerous times, including earlier on Wednesday, that he'd only take a deal that put Greenland under U.S. control. The deal proposed by Rutte — which Trump said "gives us everything we needed" — doesn't do that.
DAVOS, Switzerland — President Trump announced on Wednesday that he will not follow through on his threat to impose tariffs on eight European allies on Feb. 1 over their opposition to his claim of Greenland.
Why it matters: Trump already dropped his threat to invade Greenland earlier Wednesday, and he's now reversed his tariff threat — which had triggered a crisis in the transatlantic alliance and rattled global markets.
President Trump lashed out at U.S. allies Wednesday during his speech at the World Economic Forum in Davos, Switzerland.
The big picture: Trump's remarks underscore how strained U.S.-Europe relations have become as he prioritizes his quest to take over Greenland over longstanding alliances and international norms.
President Trump said in Davos on Wednesday that Canada should be "grateful" to the U.S. for the "freebies" it receives because of the two nations' relationship.
Why it matters: Trump's dig at Canada came a day after Prime Minister Mark Carney delivered his own warning at the World Economic Forum over the "rupture" of the world order.
It's been nearly a year since BlackRock agreed to buy ports on either side of the Panama Canal from Hong Kong's CK Hutchison — a deal that President Trump touted during an address to Congress last March.
But what if the ports aren't Hutchison's to sell?
State of play: Panama's Supreme Court is expected to rule soon on whether Hutchison breached its concession contracts, including one renewed in 2021, thus allegedly harming taxpayers and violating the country's constitution.
DAVOS, Switzerland — President Trump praised nuclear power in a speech in front of world leaders on Wednesday — while saying he previously hadn't supported the energy resource.
Why it matters: The comments reveal a less-known position from Trump on a technology whose growth is being fueled by the AI boom.
DAVOS, Switzerland — President Trump reiterated his determination to take control of Greenland from Denmark during a 72-minute tirade at the World Economic Forum — but seemingly ruled out using force to do so.
Why it matters: European allies have been bracing for a clash with Trump over Greenland this week in the Swiss Alps.
Ukrainian President Zelensky is planning to travel to Davos on Thursday for a meeting with President Trump.
Split screen: Zelensky plans to meet Trump in the Alps soon before White House envoys Steve Witkoff and Jared Kushner head to Moscow to meet Russian President Vladimir Putin. Both meetings will focus on Trump's peace plan for Ukraine.
DAVOS, Switzerland — President Trump's tussle with Europe over Greenland won't impede looming U.S. deals with those countries, Trump's Greek ambassador Kimberly Guilfoyle predicted Wednesday.
Why it matters: Guilfoyle has been focused on increasing commitments from Greece and other European countries to buy American liquefied natural gas.
DAVOS, Switzerland — California Gov. Gavin Newsom says he's at the World Economic Forum to share a different vision of the U.S. than President Trump, whose speech on Wednesday is the most anticipated showpiece of the week.
The big picture: The most-discussed speech so far came from Canadian Prime Minister Mark Carney, who declared that the U.S.-led global order "is not coming back." European leaders shared similar sentiments, after Trump threatened fresh tariffs and a potential Greenland invasion before heading to Switzerland.
DAVOS, Switzerland — In a 24-hour span in the Swiss Alps, we're witnessing what future historians might mark as a hinge moment: The people building civilization-altering AI, a prime minister declaring America's global order dead, and an expansionist, defiant American president all sharing the same tense global stage.
Why it matters: It's hard to overstate the seismic shifts shaking this week's World Economic Forum in Davos.
