Home Business news Bessent urges Europe not to retaliate against Trump’s Greenland tariffs

Bessent urges Europe not to retaliate against Trump’s Greenland tariffs

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US treasury secretary says at WEF in Davos that countries and companies should pause and ‘let things play out’

The US treasury secretary, Scott Bessent, has urged European countries not to retaliate against the US’s trade tariffs announced over the Greenland crisis.

Speaking in Davos during the World Economic Forum, Bessent said countries and companies should pause and “let things play out” after Donald Trump threatened a 25% tariff on a slew of European countries in his pursuit of the autonomous Danish territory.

Continue reading…US treasury secretary says at WEF in Davos that countries and companies should pause and ‘let things play out’Business live – latest updatesThe US treasury secretary, Scott Bessent, has urged European countries not to retaliate against the US’s trade tariffs announced over the Greenland crisis.Speaking in Davos during the World Economic Forum, Bessent said countries and companies should pause and “let things play out” after Donald Trump threatened a 25% tariff on a slew of European countries in his pursuit of the autonomous Danish territory. Continue reading…