Politics1/20/2026•Bloomberg

Does Trump Want to Hurt US Economy or Negotiate: Panetta

Does Trump Want to Hurt US Economy or Negotiate: Panetta

Former Defense Secretary Leon Panetta has expressed concerns that President Trump's actions, such as his desire to acquire Greenland and his continued threats, could hurt the US economy and create affordability issues. Panetta believes that the President needs to engage in negotiations with Greenland rather than pursue unilateral actions. He also shared his reaction to Trump's proposed "Board of Peace," although the details of this proposal were not provided in the article. Panetta's comments suggest that he believes the President's actions and rhetoric could have negative economic consequences for the United States. He emphasizes the importance of diplomatic negotiations and a more measured approach, rather than aggressive or confrontational tactics. The article highlights Panetta's perspective as a former senior government official and his concerns about the potential impact of the President's policies on the US economy and international relations.

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