Trump Renews Desire to Own Greenland

Watch on YouTube ↗  |  January 20, 2026 at 06:38  |  3:40  |  Bloomberg Markets
Speakers
Donald Trump — President of the United States
Oliver Crook — Chief European Correspondent, Bloomberg

Summary

President Donald Trump renewed his push for the US to acquire Greenland and posted a purported text from French President Emmanuel Macron proposing a G7 meeting. Bloomberg's Oliver Crook reported that Trump has announced 10% tariffs on Europe effective February 1 over Europe's resistance to Greenland annexation. European leaders are set to meet Thursday, with divisions over how to respond and Germany seen as more exposed to US tariffs than France.

  • Trump renewed his push for the US to acquire Greenland, saying the US 'has to have it' and Denmark cannot reject it.
  • Trump posted what he said was a message from Macron expressing confusion over Greenland and proposing a G7 meeting in Paris on Thursday.
  • Oliver Crook reported that Trump announced 10% tariffs on Europe effective February 1 due to Europe's resistance to US annexation of Greenland.
  • European leaders are scheduled to meet Thursday evening in Brussels for an emergency meeting on the response.
  • Macron and German Chancellor Merz differ on approach, with Germany's greater US export dependence explaining its more conciliatory stance.
  • Italy was not targeted by the tariffs, while Eastern European countries, Poland, and the Baltics are more concerned about US support for Ukraine.
  • The situation is fast-moving, with transatlantic tensions high heading into Davos.
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