US President Donald Trump says he has reached a framework for a deal over Greenland following a meeting with NATO chief Mark Rutte, and that he will therefore waive tariffs scheduled to hit European allies.
“We have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region,” Trump says in a post on Truth Social.
The US president does not provide any details on the framework, but adds that his threatened tariffs against European countries who are resisting his quest to acquire Greenland are now off the table.
“Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st,” Trump writes.
Trump’s quest to take the strategic Arctic island of Greenland from NATO ally Denmark has deeply shaken the global order and markets.
In a speech earlier at the World Economic Forum at Davos, Trump for the first time ruled out using force, but demanded “immediate negotiations” to acquire the island from 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,” Trump said.
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