Bessent to Europe on Trump tariff threats over Greenland: ‘do not retaliate’

Days after President Trump threatened several allies with additional import taxes over criticism of the president’s push to annex Greenland, Treasury Secretary Scott Besant warned European countries against retaliatory tariffs. Speaking to Fox News’ Maria Bartiromo at the World Economic Forum in Davos, Switzerland, Besant said European leaders “must remain calm”. [and] Take… Source link

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Ray Dalio fears ‘capital wars’ due to Trump actions, with nations dumping U.S. assets

Billionaire investor Ray Dalio warned Tuesday that President Donald Trump’s aggressive political direction could spark a new phase of global financial conflict, as foreign governments and investors reconsider their appetite for U.S. assets amid rising unease and economic tensions. “On the other side of trade deficits and trade wars, there are capital and capital wars,” Dalio…

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