Trump Threatens ‘Big Retaliation’ If Europe Dumps US Assets

US President Donald Trump, during the World Economic Forum in Davos, Switzerland on Jan. 21.Photographer: Krisztian Bocsi/Bloomberg

Takeaways by Bloomberg AISubscribe

President Donald Trump vowed “big retaliation” if European countries sell US assets in response to his tariff threats related to Greenland, adding pressure on them to stick with an emerging deal over the future of the island.

“If they do, they do. But you know, if that would happen, there would be a big retaliation on our part,” Trump said Thursday during a Fox Business interview at the World Economic Forum in Davos. “And we have all the cards.”

Get unlimited access for just $1.99/month
Unlock the global benchmark for business news.
Get unlimited access for just $1.99/month