Francesca Chambers

Then it rebounded after the president got up in a speech the next day at Davos and said he wouldn't use military force.

Then, of course, sent out that true social post that we're talking about, saying that he had spoken to Mark Rutte about this.

So the president himself, by the way, when he was in an interview with Fox Business host Maria Bartiromo at the end of his time in Davos, mentioned the stock market and mentioned that it seemed to like the news that he put out there.

So the president...

clearly paying attention to what was going on with the stock market and considering it as a factor.

Well, notably, prior to this, Denmark has already responded by saying that it was going to increase defense and security on the island of Greenland.

And it also worked with other NATO allies to put a small increase in contingent of troops there as well.

So NATO was trying to show during this dispute with Trump that it is hearing his concerns and putting

you know, a greater sense of defense around the island of Greenland.

But it's interesting that, you know, the Danish have already said that they haven't seen Chinese warships there any time recently in response to Trump's concerns about these things.

I think the president and the White House have essentially responded by saying, yes, but what if there was?

What if there was in the future?

When it comes to defense spending and NATO...

you're hitting on a very important point of Trump's first year in office.

He had pushed NATO nations going back to his first term to spend more on defense.

Then he secured this win at the last NATO conference where allies agreed to bump up their spending to 5%, which includes infrastructure and other things too, but to essentially collectively boost their spending to 5% of GDP.

That was seen as a big deal considering that it had been at 2% as the floor before.

The most recent action they had taken to say was it should be at least 2%.

So this was more than a doubling in how much of the spending that that would be.

So, you know, Denmark and other countries are already spending more or saying that they're going to spend more, but President Trump has really wanted them to speed up with that spending.