Geopolitical Escalation in the Arctic
Bessent warns Europe 'Do not attack the U.S.' over Greenland, reviving the 'Liberation Day' of #TRUMP
Risk to Global Markets #crypto ?
Amid rising tensions over the Trump administration's ambitious plan to acquire Greenland, U.S. Treasury Secretary Scott Bessent issued a veiled warning to Europe during a press conference in Davos on January 20, 2026, reminding of the president's "Liberation Day" on April 2, 2025 – the date when massive tariffs were announced that initially caused panic but strengthened the U.S. stance.
This statement intensifies a spat that could shake global markets, including crypto, by threatening 200% tariffs on European imports if opposition to the "annexation" of the Arctic island persists.
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