U.S. Treasury Secretary Scott Bessent uses this brief Davos press appearance to tout the strength of the U.S. economy and to defend President Trump’s hard line on Greenland and Europe, insisting “America First does not mean America alone” but warning EU retaliation would be “very unwise.” He says the U.S. has a “hot economy” with trillions in investment flowing in, promises the G20 finance track will target weak growth as the biggest threat to financial stability, and stresses that Trump views Greenland as a strategic asset because “we are not going to outsource our hemispheric security to anyone else,” dismissing talk of a Nobel Prize motive as a “complete canard.”
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