Second Pension Fund Dumps U.S. Treasury Holdings as Trump Spirals

Forcing the issue, however, could irreversibly damage America’s relations with some of its most significant allies. Over the long weekend, Trump announced a new wave of retaliatory tariffs against European countries that oppose his Greenland takeover, cautioning NATO allies against participation in a joint military exercise on the island.

Late into Monday evening, Trump continued to provoke America’s allies by releasing private messages sent to him by French President Emmanuel Macron, as well as NATO Secretary General Mark Rutte. He also taunted world leaders by sharing images on Truth Social that included a photo of himself in the Oval Office beside a posterboard of the Western hemisphere—with Canada, Greenland, and Venezuela colored in with the American flag.

“This would not be a threat to NATO,” Trump claimed before the global conference Wednesday, patting himself on the back for his lackluster support for the U.S.-backed military alliance. “This would greatly enhance the security of the whole alliance. The United States is treated very unfairly by NATO. When you think about it, nobody can dispute it.