Trump Lost at Davos

“Donald Trump and his team clearly went to Davos determined to demean and insult their hosts. It was, one might say, a novel approach to diomacy: ‘You’re pathetic, your societies and economies are falling apart, now give us Greenland.’ … And it worked about as well as you’d expect. Trump may have imagined that the Europeans would cower in the face of his wrath. Instead, they humiliated him. He dropped his latest tariff threats in return for a ‘framework’ that gave the United States essentially nothing it didn’t already have — and left behind a Europe that is finally united in resistance to his bullying.”

Paul Krugman