Gopinaths warning came on the same day that US President Donald Trump stirred controversy at Davos by referring to Greenland as "our territory."

'Congress is working very hard on crypto market structure legislation, which I hope to sign very soon, unlocking new pathways for Americans to reach financial freedom,' Trump says at the World Economic Forum 2026 in Davos.

US President Donald Trump mocked French President Emmanuel Macron on Wednesday for the aviator sunglasses he was wearing during his own speech at Davos the day before.