As the annual World Economic Forum enters its third day, Inside Business host Ciarán Hancock is joined from Davos in the Swiss Alps by Irish Times Economics Correspondent Eoin Burke-Kennedy.
US President Donald Trump’s push to take over Greenland, and the strain it is putting on EU-US relations, has dominated this year’s event so far. Trump is due to arrive in Davos on Wednesday afternoon.
On Tuesday, French president Emmanuel Macron openly accused the US of trying to “subordinate” Europe and referred to the consequences that could arise from this “new colonial approach”.
Also on Tuesday, Canadian prime minister Mark Carney was damning in his assessment of Donald Trump’s impact on global politics and a “fading” rules-based order. He also warned countries against a policy of appeasement when it comes to major powers like the US.
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Speaking in Davos, Minister for Enterprise Peter Burke echoed the concerns of many there, he told those in attendance that US strategy on Greenland, and the threat of tariffs to countries opposing the move, was effectively “tearing apart” the EU-US trade deal.
Produced by John Casey with JJ Vernon on sound.
