January 18, 2026: Trump's Greenland Push, Spain Train Crash, More
episodePreviously titled “Trump's Greenland Push, Spain Train Crash, More” — renamed by the publisher on Aug 2, 2026
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News when you want it with Bloomberg News Now. I'm Doug Krisner. Members of the European Union are discussing options for how to respond to President Trump's use of tariffs as punishment for EU support of Greenland. EU leaders are set to hold an emergency meeting in the coming days. Now, Greenland is a semi-autonomous territory of Denmark itself, a founding member of NATO. And Trump is threatening to seize control of the territory, potentially with military force. Over the weekend, the president slapped a 10 percent tariff on goods from the eight European countries supporting Denmark. And now we are told the EU is considering the use of retaliatory tariffs on $108 billion worth of U.S. goods. Now, despite the threats from President Trump, the foreign minister of Denmark, Lars Rasmussen, said the door remains open to talks with the U.S.
over Greenland.
We have been asking since the very beginning of this to have constructive dialogue with our American ally and friends, free from social media and headlines and strong words. And we opened that dialogue last week. We will not give up on that.
That is Danish Foreign Minister Lars Rasmussen. Meantime, U.S. Treasury Secretary Scott Besant dismissed threats from the European Union to halt a tariff deal reached last year with the U.S. Here is Besant speaking to NBC's Meet the Press.
Well, first of all, the trade deal hasn't been finalized. You know, an emergency action can be very different from another trade deal.
That is U.S. Treasury Secretary Scott Besson speaking to NBC's Meet the Press. President Trump said he would soon announce his nomination to replace Fed Chair Jay Powell. Now, Trump also said he wants to keep Kevin Hassett, the current director of the National Economic Council, in his current role. Hassett had once been seen as a frontrunner for the Fed chairmanship, and today Hassett told Fox News Trump may be right to pass him over.
From the beginning, he and I have talked about whether it's better for me to be here in the West Wing or over at the Fed. I don't think he's made a final call on that. But I got to say that I'm even humbled still perhaps to be in the running with the other people.
Now, the list of candidates to succeed Powell includes Fed Governor Chris Waller, as well as former Governor Kevin Warsh. And there's Rick Reeder, the CIO of fixed income at BlackRock. We are told his candidacy has gained momentum. We go to southern Spain next, where a high-speed train derailed and slammed into an oncoming train on the rail line between Madrid and Malaga. 21 people have been killed, at least, and dozens more injured. Here is Spanish Prime Minister Pedro Sánchez speaking through an interpreter.
Tonight is a night of profound grief for our country.
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