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The Latest Breaking News from Scott Bessent

‘No intention’: Canada's Carney rules out free trade pact with China after Trump threatens tariffs

Canada's prime minister Mark Carney denies plans for a free trade deal with China. This comes after US President Donald Trump threatened tariffs on Canadian goods. Carney affirmed Canada's commitment to the CUSMA agreement, which restricts such deals with non-market economies without prior notice. Carney said recent engagements with China…

The Times of India

Senator Markwayne Mullin leads MAGA gaslighting after feds shoot dead another US citizen in Minneapolis

Senator Markwayne Mullin called Alex Pretti ‘deranged’

The Independent UK

The Trump Administration Is Lying About Gun Rights and the Death of Alex Pretti

"Carrying a firearm is not a death sentence, it's a Constitutionally protected God-given right," writes Rep. Thomas Massie (R–Ky.).

Reason

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Scoop: Trump to headline summit on Trump Accounts

Trump is highlighting accounts as part of his push on affordability, with polls showing Americans are critical of his priorities.

Axios

Trump and Newsom shared smiles and jokes behind the scenes at Davos – despite the insults and death stares in public

Political enemies reportedly ‘engaged in affable small talk backstage’ at World Economic Forum this week before getting back to bitter name-calling and critiques of each other’s records

The Independent UK

Japan's central bank holds rates steady after bond sell-off and ahead of elections

The Bank of Japan announced this Friday that its policy interest rate remains unchanged at 0.75%. The decision comes after a huge sell-off in Japanese bonds this week, triggered by Prime Minister Takaichi's call for snap elections, and unfunded tax cuts that fuelled inflation fears.

Euronews

World is entering time of ‘great power politics’, warns German chancellor

Friedrich Merz says global order changing at ‘breathtaking pace’ and urges leaders in Davos not to accept new reality

The Guardian - UK

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Has Trump really 'defeated' US inflation, as he claimed in Davos?

Despite the US president’s optimism, the country’s inflation rate remains above the Federal Reserve’s preferred 2% target.

Euronews

Newsom says Davos appearance was canceled under pressure from Trump

Governor’s office says US pavilion bowed to pressure and pulled scheduled ‘fireside chat’ with Fortune magazine

The Guardian - US

US treasury secretary cuts awkward figure as Trump’s diplomatic defender

Scott Bessent’s maladroit efforts to calm European anger and Americans’ puzzlement over Greenland have fallen flat

The Guardian - US

‘No going back’: Trump issues stern Greenland warning — Denmark pulls $100M from US and the global trade war alarm starts blaring

Europe is starting to fight back.

We Got This Covered

Trump’s Tariffs: How the Upcoming Supreme Court Decision Will Impact the Price of Gas

Learn how an upcoming Supreme Court tariff decision could influence gas prices and what drivers may soon pay at the pump amid shifting trade and energy costs.

GOBankingRates

Scott Bessent insists he’s ‘not concerned at all’ about investors selling America—despite the fact it’s unraveled tariffs before

“Denmark’s investment in U.S. Treasury bonds, like Denmark itself, is irrelevant,” said Scott Bessent.

Fortune

Stiff with tension, European leaders await the Trump show in Davos

The US President has completely upended the annual Davos gathering of the World Economic Forum. A rapt audience is waiting to hear from him how far he might go on Greenland.

Euronews

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The Guardian - UK

Nato chief urges ‘thoughtful diplomacy’ after US treasury secretary’s jibe at Denmark

Trump expected to face tough reception from European leaders in Davos over threat to seize Greenland

The Guardian - UK

Zelenskyy meeting with Trump expected to take place on Thursday – as it happened

Adviser to Zelenskyy says he in Kyiv, not Davos, and meeting will not be today as Trump suggested earlier

Radio France Internationale

Trump arrives in Davos as Europe struggles for unity over Greenland

US President Donald Trump arrives in Davos on Wednesday for talks with European leaders over Greenland, after renewing claims that the United States needs the Arctic territory for national and global security and promising a “very positive” outcome. The showdown comes as European leaders warn against power politics and struggle…

The Independent UK

Scott Bessent desperately tries to walk back Trump’s letter linking Greenland with Nobel Prize snub: ‘A complete canard’

In a leaked message to the Norwegian prime minister, Trump said being snubbed for a Nobel Peace Prize inspired him to no longer ‘think purely of Peace’ when it comes to the U.S. taking over Greenland

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The Independent UK

China meets initial soybean purchase goal, but Trump's shifting trade policy could disrupt deal

The Trump administration says China has fulfilled its initial commitment to buy 12 million metric tons of soybeans, but it’s not clear if the trade agreement announced in October can withstand President Donald Trump’s ever-shifting trade policy as American farmers are still dealing with high production costs

The Independent UK

Even Trump’s former chief of staff speaks out against some of his takeover plans: ‘What are we doing here?’

Former acting White House chief of staff said Trump’s policy on Greenland could hurt his affordability messaging

The Independent UK

From a T-Rex to the Hungry Caterpillar: Trump’s Greenland threats unleash attacks from world leaders at Davos

European leaders and California Gov Gavin Newsom have expressed strong concerns at the World Economic Forum over the Greenland crisis and global trade issues

The Guardian - UK

Europe condemns Trump’s ‘new colonialism’ as Greenland crisis grows

US president says there is ‘no going back’ on goal of controlling Arctic territory as Emmanuel Macron leads European resistance

The Guardian - UK

Bessent urges Europe not to retaliate against Trump’s Greenland tariffs

US treasury secretary says at WEF in Davos that countries and companies should pause and ‘let things play out’

The Independent UK

Bessent says US-Europe relations have 'never been closer' despite Greenland crisis

U.S. Treasury Secretary Scott Bessent says America’s relations with Europe remain strong

The Guardian - UK

Davos: Reeves urges leaders to keep cool heads over tariff threat; Canada’s Carney stands with Greenland – as it happened

Rolling coverage of the World Economic Forum in Davos, where European Commission president says Europe must respond to geopolitical shocks

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