Davos braces for Trump amid tensions over NATO, Greenland and global defense

President Donald Trump has Europe on edge as he prepares to meet with foreign leaders in Davos, Switzerland, Wednesday and Thursday at the World Economic Forum.

The World Economic Forum is a Switzerland-based organization that convenes global political leaders, business executives, academics and activists each year in Davos to discuss major economic, political and social issues, with the U.S. and Trump expected to take center stage this year. Leaders from Germany to France to Norway and beyond are expected to attend. 

Calls for the U.S. to acquire Greenland and tariff threats loom over the event as Trump puts European allies on notice to reach a deal on the island by Feb. 1 or face consequences. Goods from Denmark, Finland, France, Germany, the Netherlands, Norway, Sweden and the United Kingdom will face a 10% tariff if no deal is reached by February, with the taxes increasing to 25% by June 1 if there is no deal. 

Top European leaders have balked over Trump's demands to make a deal on Greenland, citing that NATO allies can work together to ensure the Arctic is secure. Greenland is a self-governing Danish territory nestled between North America and Europe in the Arctic Circle. 

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