Trump Reaches Greenland Deal Framework, Cancels Tariffs On European Allies

United States President Donald Trump on Wednesday disclosed that a framework had been established for a future agreement on Greenland following talks with NATO Secretary-General Mark Rutte, a decision that also led to the cancellation of planned tariffs on European allies.

Announcing the development on Truth Social, Trump said, “We have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region.”

Although he did not outline the details of the framework, the president said European countries that opposed his bid to acquire Greenland would no longer face tariffs that had been scheduled to begin on February 1.

“Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st,” he wrote.

Trump’s renewed push to gain control of Greenland from Denmark, a fellow NATO member, has in recent weeks unsettled diplomatic ties and triggered volatility in global markets.

Earlier in the day at the World Economic Forum in Davos, Trump ruled out the use of force for the first time but pressed for immediate talks with Denmark.

“We probably won’t get anything unless I decide to use excessive strength and force where we would be, frankly, unstoppable, but I won’t do that,” he said.

“I don’t have to use force. I don’t want to use force. I won’t use force. All the United States is asking for is a place called Greenland.”

Following his remarks and subsequent social media post, Wall Street stocks opened higher on Wednesday and extended their gains.

Trump has consistently argued that mineral-rich Greenland holds major strategic importance for both the United States and NATO, particularly amid growing competition with Russia and China in the Arctic region.