President Donald Trump’s CNBC interview from Davos: Live updates
Trump swipes at Canadian PM Carney over his Davos speech, says he should be ‘grateful’
Canada’s Prime Minister Mark Carney speaks during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026.
Denis Balibouse | Reuters
In his Davos speech, Trump angrily called out Canadian Prime Minster Mark Carney by name in response to the allied leader’s stunning declaration that the international status quo was in the midst of a “rupture.”
“Canada gets a lot of freebies from us … they should be grateful also, but they’re not. I watched your prime minister yesterday, he wasn’t so grateful,” Trump said.
“Canada lives because of the United States,” he added. “Remember that, Mark, the next time you make your statements.”
Carney’s own address at Davos did not mention Trump by name. But the Canadian leader called out “great powers” weaponizing economic tools like tariffs, and suggested the “bargain” that came with American hegemony “no longer works.”
“You cannot live within the lie of mutual benefit through integration when integration becomes the source of your subordination,” Carney said.
— Kevin Breuninger
Trump should not use economic force to acquire Greenland, Ken Griffin says
Trump should not threaten Europe with economic force as leverage to acquire Greenland, Citadel CEO Ken Griffin told CNBC in an interview.
Trump should persuade European allies that it makes sense for the U.S. to acquire the island, Griffin said.
“It should not be done abruptly,” Griffin said. “It should not be done under any form of either military or economic force. That’s just not the way to deal with our allies here in Europe.”
Trump has threatened several European countries, including Denmark, with tariffs that could shoot as high as 25% if they do not meet his demands on Greenland.
CNBC Pro subscribers can watch the full interview with Griffin here.
The president will sit down for an interview with CNBC’s Joe Kernen on Wednesday.
— Spencer Kimball
Stocks moved higher after Trump ruled out military action on Greenland
Trump arrived in Davos amid heightened geopolitical tensions
U.S. Treasury Secretary Scott Bessent attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026.
Denis Balibouse | Reuters
Fresh off the first anniversary of his second term in office, Trump arrived at the World Economic Forum in Davos, Switzerland, amid heightened geopolitical tensions.
The U.S. president is attempting to acquire Greenland, a self-governing territory of Denmark, which has caused much consternation among fellow members of the NATO military alliance.
On Tuesday, Treasury Secretary Scott Bessent told CNBC: “The U.S. is back, and this is what U.S. leadership looks like.”
—Christina Cheddar Berk
