President Trump Declares U.S. Economic ‘Miracle’ at Davos, Pushes for Greenland Deal Without Force

DAVOS, SWITZERLAND January 21, 2026 – In a wide-ranging address at the World Economic Forum’s Annual Meeting, President Donald J. Trump hailed what he described as the “fastest and most dramatic economic turnaround in our country’s history” just one year into his second term. Speaking to global leaders, business executives, and policymakers, Trump outlined his administration’s policies on trade, energy, and immigration while renewing calls for the U.S. to acquire Greenland from Denmark for strategic security reasons—though he explicitly ruled out using military force.

The speech, which lasted over 70 minutes, came amid heightened tensions with European allies over issues like NATO spending and trade imbalances. Trump emphasized America’s economic resurgence, crediting tax cuts, deregulation, and tariffs for driving growth and reducing inflation. “After 12 months back in the White House, our economy is booming. Growth is exploding, productivity is surging, investment is soaring,” Trump said, citing projections of 5.4% fourth-quarter GDP growth and core inflation at 1.6% over the past three months. He contrasted this with the “stagflation” under the Biden administration, claiming the U.S. is now on pace to grow at double the rate projected by the International Monetary Fund last April.

Trump touted specific achievements, including securing commitments for up to $18 trillion in new investments, slashing the federal budget deficit by 27%, and reducing the trade deficit by 77% through tariffs. He highlighted energy policies, noting U.S. natural gas production at an all-time high and gasoline prices below $2.50 per gallon in many states, attributing this to avoiding Europe’s “Green New Scam” and its resulting energy shortages. “The United States avoided the catastrophic energy collapse which befell every European nation,” he stated, criticizing wind farms and praising new nuclear reactors and oil deals, including with Venezuela.

A significant portion of the address focused on Greenland, where Trump reiterated his interest in acquiring the territory for national security, proposing to build a “greatest golden dome” missile defense system. He claimed historical U.S. rights, saying America “gave Greenland back to Denmark” after World War II—a statement fact-checkers have disputed, as the U.S. never owned the island outright. Trump assured the audience, “I won’t use force to take Greenland,” but warned Denmark of consequences if negotiations fail, adding, “You can say yes and we will be very appreciative, or you can say no and we will remember.” This marked a de-escalation from earlier rhetoric that had alarmed allies, though he insisted on “right, title, and ownership.”

The president also addressed immigration and cultural issues, banning large institutional investors from buying single-family homes to boost homeownership and cracking down on alleged fraud, including “more than $19 billion stolen by Somalian bandits” in Minnesota. He warned against “mass importing foreign cultures which have failed to ever build a successful society,” urging the West to “defend that culture and rediscover the spirit that lifted the West from the depths of the Dark Ages.” These remarks drew criticism for echoing racist tropes, with analysts noting they alienated parts of the international audience.

Trump expressed grievances against NATO allies, claiming the U.S. pays “virtually 100%” of the alliance’s costs and questioning their loyalty. He mocked European leaders, including French President Emmanuel Macron, and belittled Switzerland, saying, “Without us, right now you’d all be speaking German”—overlooking that German is Switzerland’s primary language. Observers described the tone as antagonistic and meandering, with the crowd appearing subdued and restless. Reactions on social media were polarized. Supporters praised Trump’s “America First” message, with one X user calling it a “powerhouse address” that rejected globalist agendas.

Critics labeled it “embarrassing,” highlighting gaffes like confusing Greenland with Iceland in parts of the speech and false claims about wind farms in China. One post mocked, “New hit in Davos 2026: F**ck Trump,” reflecting anti-Trump sentiment. Fact-checkers identified multiple inaccuracies, including exaggerated investment figures and election claims.

The address underscored ongoing U.S.-Europe divides, with Trump insisting Europe is “not heading in the right direction” due to migration and economic policies. As Davos continues, attention turns to how allies respond to Trump’s overtures on Greenland and trade.

Key Economic Claims from Trump’s Speech

About The Author

LNA Inews

See author's posts