Impossible To Overstate The Damage The US Has Done To Allies Says Mukunda

Gautam Mukunda, Lecturer at Yale School of Management and Bloomberg Opinion contributor joins to recap Trump’s Davos visit and his dropping of Greenland tariffs for now. President Donald Trump said he would refrain from imposing tariffs on goods from European nations opposing his effort to take possession of Greenland, citing a “framework of a future deal” he said was reached regarding the island.

Canadian Prime Minister Mark Carney declared during his Davos speech that recent events have shown the “rules-based international order” is effectively dead, and that other countries must forge new partnerships to withstand pressure tactics from great powers. French President Emmanuel Macron said Trump’s trade strategy is meant to “weaken and subordinate Europe.” Belgian Prime Minister Bart de Wever said he no longer considers the US an ally. (Source: Bloomberg)