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Business Today |
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Thursday, 22 January, 2026 | | |
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Editor's Note |
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Good morning, reader |
US President Donald Trump pointedly did not refer to his latest tariff threat once during a long and, at times, rambling address to delegates at the World Economic Forum in Davos and later said he was no longer intending to impose the taxes from February 1st. But, writes Eoin Burke-Kennedy, he made clear he is not for backing down on his ambition to acquire Greenland
, although he did reassure his audience that he did not intend to use force to land the prize.
But damage has already been done with the threat of further tariffs as the European Parliament suspended ratification of the EU-US agreement earlier in the day.
Also at Davos, EU justice commissioner Michael McGrath said Russia was the “unequivocal winner” in Europe’s deepening rift with the US over Greenland, with EU-US relations reaching a “dangerous moment”.
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Dominic Coyle |
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