The Fox News Rundown Business Rundown: The Greenland Gambit and Why Tariffs Loom Large at Davos
Jan 19, 2026
Marcus Lemonis, entrepreneur and host of 'The Fixer,' dives into pressing global issues as the World Economic Forum kicks off in Davos. He discusses the potential repercussions of tariffs and why weaponizing them can harm international trade. Lemonis advocates for enhanced housing affordability through policies targeting supply, not just demand. He also reflects on the shifting market of diamonds, attributing price drops to the rise of lab-grown alternatives. Insightful and pragmatic, his views on economic momentum and Federal Reserve independence stand out.
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Predictability Trumps Surprise In Policy
- Marcus Lemonis wants predictable tariff policy and clarity on Fed independence heading into 2026.
- He argues predictability restores business confidence and reduces pricing instability.
Tariffs Used As Geopolitical Leverage Backfire
- Weaponizing tariffs for geopolitical leverage creates business uncertainty and pricing pressure.
- Marcus warns this approach may erode support from businesses seeking deregulation and stability.
Don't Make Tariffs The Go-To Move
- Avoid making tariffs the default response to diplomatic disputes; use other tools to bring leaders to the table.
- Marcus suggests developing alternatives to tariffs to preserve trade relationships and predictability.