Trump is showing the world the U.S. is ‘back,’ Scott Bessent tells CNBC as Greenland tensions ratchet up
US Treasury Secretary Scott Bessent emphasized Greenland's role in preventing Arctic conflict and urged European allies to increase defense contributions, citing Russian and Chinese threats.
- On Jan. 8, 2026, President Donald Trump renewed his bid for Greenland, raising tensions at allied meetings and announcing 200% tariffs on French wines and Champagne.
- Earlier this month Scott Bessent, U.S. Treasury Secretary, said U.S. control of Greenland is vital to counter Russia and China's Arctic influence and urged European countries to pay their fair share of defense.
- Last week Bessent met with the G7 plus Mexico, India, South Korea and Australia to avoid China’s mineral chokehold, while Denmark sent more troops to Greenland for military exercises.
- At allied meetings tensions are rising after Trump raised the Greenland issue, paired with 200% tariffs on French wines, straining NATO diplomacy.
- With Arctic stakes rising, U.S. officials pressed allies last week on minerals and basing to counter Russia and China, arguing pre-emptive control and allied burden-sharing could avert conflict while Denmark's exercises highlight Arctic competition.
14 Articles
14 Articles
The U.S. Treasury Secretary made a harsh statement in Davos.
Greenland ‘Essential’ to US Golden Dome Missile Defense, Bessent Says - The Thinking Conservative News
‘The president is worried that if there were an incursion into Greenland, the U.S. would be called upon to defend Greenland,’ the Treasury secretary said. The post Greenland ‘Essential’ to US Golden Dome Missile Defense, Bessent Says appeared first on The Thinking Conservative News.
Greenland ‘Essential’ to US Golden Dome Missile Defense, Bessent Says
U.S. Treasury Secretary Scott Bessent has said in Davos that the U.S. acquisition of Greenland is “essential” to the Golden Dome missile defense program, designed to stop missiles from adversaries such as China, North Korea, and Russia, which continue to develop long-range missile capabilities. Missiles from those adversaries would travel most expediently through the Arctic if aimed at the United States, including over Greenland. Bessent discuss…
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