By John Gruber
The Wall Street Journal (gift link; News+ link):
When President Trump arrived in the snow-covered Swiss Alps on Wednesday afternoon, European leaders were panicking that his efforts to acquire Greenland would trigger a trans-Atlantic conflagration. By the time the sun set, Trump had backed down.
After a meeting with Rutte on Wednesday, Trump called off promised tariffs on European nations, contending that he had “formed the framework of a future deal” with respect to the largest island in the world. [...] During an hourlong speech at the World Economic Forum, the U.S. president said he wouldn’t deploy the military to take control of Greenland. It was a stark shift in tone for Trump, who just days earlier had declined to rule out using the military to secure ownership of Greenland and posted an image online of the territory with an American flag plastered across it.
No need for panic. Alarm, yes. Panic, no. The TACO theory holds. Stand up to Trump and he’ll chicken out.
★ Thursday, 22 January 2026