The World Economic Forum of 2026, in Davos, consolidated a profound and contentious shift in the relationship between the United States and the European Union. What was once an alliance based on multilateralism and shared trade norms has given way to a dynamic of "economic coercion" and mutual skepticism.
Below, I detail the main points of friction that emerged or intensified after the meeting:
1. The Greenland Crisis and the Threat of Tariffs
The point of greatest tension in Davos 2026 was President Donald Trump's insistence on acquiring Greenland. Denmark's firm refusal and the bloc's support from the European Union led the U.S. to threaten tariffs of 10% on European exports (especially affecting Germany, France, and the United Kingdom).
The Strategic "Withdrawal": Although Trump stated in his official speech in Davos that he "will not use force" and that he suspended the tariffs "for now" after talks with NATO, the diplomatic damage was profound.
European Response: For the first time, the EU seriously discussed the use of its Anti-Coercion Instrument (ACI), a tool designed to retaliate against powers that use economic pressure for political purposes.
2. The End of Multilateralism and the "Dissonance of Davos"
Davos has always been the temple of globalization, but in 2026 the atmosphere was one of fragmentation.
Abandonment of the Climate Agenda: Under pressure from the American delegation, the Forum avoided central discussions on climate change and energy transition — topics that are pillars of European policy. Trump labeled green policies as a "hoax," generating outrage among EU leaders who see climate as an existential and economic threat.
Protectionism vs. Regional Agreements: While the U.S. reinforced an "America First" agenda and tariffs to reduce the trade deficit, the European Union responded by seeking strategic autonomy. This included accelerating agreements with Mercosur and India to reduce dependence on the American market.