Trump Backs Off Greenland Tariffs as Markets Surge and Davos Drama Unfolds episode artwork

EPISODE · Jan 21, 2026 · 4 MIN

Trump Backs Off Greenland Tariffs as Markets Surge and Davos Drama Unfolds

from 4 Things To Know This Afternoon · host Erick-Woods Erickson

Trump announces Greenland deal and cancels threatened tariffs: President Trump says the U.S. will not pursue sovereignty or territorial control over Greenland, acknowledging Denmark's position while opening negotiations with European allies. In exchange, Trump pulled tariff threats against U.S. allies, triggering a major market rally with the Dow jumping more than 700 points. . Gavin Newsom blocked from Davos in political humiliation: California Governor Gavin Newsom attempted to position himself as the Democratic alternative to Donald Trump by traveling to Davos for a Fortune Magazine event. The Trump administration worked with World Economic Forum officials to block Newsom from speaking, effectively canceling his planned rebuttal to Trump's Davos remarks and leaving Newsom sidelined after flying to Switzerland on taxpayer dollars. Trump and Zelensky expected to meet amid European frustration: Ukrainian President Volodymyr Zelensky is expected to meet with President Trump at Davos as U.S. officials push for renewed attention to Ukraine. ICE expands operations to Maine amid fraud and immigration concerns: According to the New York Times, ICE is expanding enforcement operations into Maine, where allegations of welfare fraud and immigration violations involving the Somali immigrant population persist. The move is expected to provoke left-wing activists and Democratic candidates but reflects ICE enforcing federal law in states that refuse cooperation, a situation created by Democratic leadership rather than federal policy. Erick Erickson breaks down the four major stories you need to know before the day ends. From political power plays in Washington to breaking developments the mainstream media is ignoring, this rapid-fire update cuts through the noise.   Text ERICK to 33-777 for "Show Notes" and to stay updated on all things Erick Erickson. Stay grounded, stay informed, and keep the faith.

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Trump Backs Off Greenland Tariffs as Markets Surge and Davos Drama Unfolds

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