Markets reacted negatively to President Trump’s statements on Greenland on early Tuesday, when the American leader reaffirmed his intention to annex the world’s largest island and make it part of U.S. territory.
At his arrival in Davos, where he will be part of the World Economic Forum (WEF) Annual meeting, Trump reiterated that the U.S. “had to have” Greenland and disregarded a possible opposition from European leaders toward this action.
I don’t think they’re going to push back too much. Look, we have to have it. They have to have this done. They can’t protect it.
The precious metal has started 2026 with an outstanding performance, surging due to the uncertainty regarding the renewed tariff war and the ongoing reconfiguration of the international chessboard, which Canada’s Prime Minister Mark Carney referred to as a “new world order.”
FAQWhat recent statements did President Trump make about Greenland? Trump reaffirmed his desire to annex Greenland, stating that the U.S. “had to have” the territory, dismissing potential European opposition.
What context surrounds these market movements? The reactions are influenced by ongoing tensions from a renewed tariff war and the evolving international landscape, termed a “new world order” by Canadian Prime Minister Mark Carney.
