FT News Briefing EU readies retaliation for Trump’s Greenland threat
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Jan 19, 2026 
In this engaging segment, Camilla Hodgson, a Financial Times reporter focusing on Nordic and Arctic affairs, dissects Denmark's ambitious plans to invest in Greenland amidst threats from Trump. She highlights not only the challenges of mining in the region but also the rising calls for Greenlandic autonomy. Meanwhile, Mercedes Ruhl, covering the World Economic Forum, captures the intense Davos atmosphere, where global leaders wrestle with geopolitical tensions, shifting the focus from climate issues to urgent discussions on Venezuela and Iran.
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Tariff Threat Deepens NATO Rift
- Trump's threatened tariffs on eight NATO allies risk the deepest rift in the alliance since its founding.
- The EU is preparing €93bn of retaliatory tariffs to counter the move.
Denmark Ups Investment In Greenland
- Denmark's Export and Investment Fund plans hundreds of millions of euros for Greenland investments this year.
- Focus areas include mining and energy, with possibly three to five projects to boost local jobs and infrastructure.
Greenland's Riches Face Harsh Realities
- Greenland has significant mineral potential but extreme weather and logistical limits constrain development.
- Only two operational mines exist now, with others still in study or development phases.