After Davos, Trump confronts an inflection point

Prime Minister Mark Carney’s remarkable speech at Davos said what many political and economic elites were thinking: don’t let the bullies win; fear is the mind-killer; stick together and you might win. Overnight, the international mood changed.

U.S. President Donald Trump, right, went into last week’s World Economic Forum meeting in Davos, Switzerland, full of bluster, but he ultimately back-tracked on threats to Greenland, and tariff nations that support the territory, writes Gwynne Dyer.Photograph courtesy of the World Economic Forum/Ciaran McCrickard

Opinion

BY GWYNNE DYER

January 26, 2026

LONDON, U.K.— It’s too early to be sure, but it seems likely that we have just seen “Peak Trump.”

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