Trump backs down from tariff threats over Greenland dispute
US President Donald Trump is dropping plans to add a 10 percent tariff to goods from eight European countries over their opposition to his push to acquire Greenland.
President Trump makes a u-turn on tariffs after reaching a framework for a future deal over Greenland. Leanna Byrne asks - what do we know about this deal?
We also follow the US Supreme Court hearing involving Federal Reserve governor Lisa Cook, who denies allegations of misrepresenting her home ownership status.
And the EU-Mercosur trade deal faces a legal challenge.
(Photo: US President Donald Trump speaking at the annual meeting in Davos, Switzerland, January 21, 2026. Credit: Photo by World Economic Forum/PA Wire)
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The latest business and finance news from around the world, on the BBC.
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