US Treasury Secretary Calls for End to 'Hysteria' Over Greenland

US Treasury Secretary Scott Besent has called for an end to the 'hysteria' surrounding a potential US attempt to acquire Greenland. He stated that a solution could be found that guarantees the national security of the US and Europe.

European countries are reacting to this prospect, arguing that it would violate the trade agreement with Donald Trump. They are considering potential retaliatory measures, such as tariffs of €93 billion on imports from the US.

Besent, speaking on the sidelines of the World Economic Forum in Davos, expressed confidence that leaders would avoid escalation. He also dismissed speculation that European governments would sell US Treasury bonds.