Trump lands on backup plane and heads to Davos as Greenland row looms

Businessinsider: President Donald Trump landed in Switzerland on a replacement Boeing C-32A after an electrical fault forced Air Force One to turn back, and is scheduled to speak at the World Economic Forum in Davos — his jet touched down just after 12:30 p.m. local time and the address is set for 2:30 p.m.

local time. Trump's repeated calls about Greenland and new tariffs have dominated conversation at Davos, drawing criticism from allies even as NATO figures say the Arctic is a security concern. NATO Secretary General Mark Rutte said, "I think President Trump is right... We need to defend the Arctic," and Finland's President Alexander Stubb said, "I think at the end of the day, we'll find an off-ramp on this." Financial markets reacted: stocks tumbled on Tuesday, with the S&P 500 and Nasdaq down more than 2% and the Dow off about 1.8%, before calmer trading on Wednesday with futures pointing to modest gains.

Timing and content remain uncertain. Treasury Secretary Scott Bessent said the president would be "about 3 hours late," which Bessent's timings would put at roughly 5:30 p.m.

Key Topics

Politics, Donald Trump, Greenland, World Economic Forum, Nato, Scott Bessent