Scott Bessent's comments came a day after President Donald Trump said he would impose tariffs on European countries that reject his push to control Greenland.

Gold and silver prices climbed fresh peaks on Monday, as investors flocked to safe-haven assets on intensifying tensions, after U.S. President Donald Trump threatened to impose extra tariffs on European countries over the control of Greenland.

Protests were reported in Greenland and Denmark after President Donald Trump announced tariffs tied to negotiations over the purchase of Greenland.

MACHADO MEETING: Trump met with Venezuelan opposition leader María Corina Machado, who presented him with the Nobel Peace Prize that she won last year. Per the Nobel Institute, a Nobel Prize can’t be revoked, shared or transferred.

The United States’ Supreme Court is expected to rule on the legality of President Donald Trump’s sweeping tariffs. Meanwhile, Prime Minister Narendra Modi is set to shift to his new office today on the ‘Seva Teerth’ complex,