Bessent says Europe dumping US debt over Greenland would 'defy logic'
President Donald Trump said at the weekend that, from February 1, Britain, Denmark, Finland, France, Germany, the Netherlands, Norway and Sweden would be subject to a 10-percent tariff on all goods sent to the United States until Denmark agrees to cede Greenland.
The announcement has drawn angry charges from the US allies who are pondering countermeasures.
These could include retaliatory tariffs but also possibly a concerted strategy to offload US Treasury bonds.
About a third of traded American government bonds...