Introduces the market sell-off, safe haven surge in gold/silver, and Treasury Secretary Bessen's dismissal of European treasury dumping.
Francine
Ian Bremmer
Trump has rejected all compromise solutions on Greenland (like a lease). The Europeans are divided and lack a unified response, which emboldens Trump.
Ian Bremmer
Americans broadly do not support Trump on Greenland, but Republicans in Congress continue to support him publicly.
Ian Bremmer
Europe feels treated with contempt by the U.S., worse than China or Russia. Unless Europe shows consequences, Trump will continue.
Ian Bremmer
Permanent damage is being done to U.S. relationships. Allies like Canada are diversifying supply chains away from the U.S. due to distrust.
Ian Bremmer
On Japan, the PM's election call is risky but the right move; market volatility (bond yields) won't undermine her strong outsider support.