United States President Donald Trump on Wednesday said a framework had been reached for a future agreement on Greenland after discussions with NATO Secretary-General Mark Rutte, a development that led him to shelve planned tariffs on European allies
Trump announced the move in a post on Truth Social, saying: “We have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region.”
While he did not provide specifics of the proposed framework, the president confirmed that tariffs earlier set to take effect on February 1 would no longer be imposed on European countries that had opposed his push to acquire Greenland.
“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 interest in taking control of the strategically located Arctic island from Denmark, a fellow NATO member, has in recent weeks unsettled diplomatic relations and rattled global markets.
Earlier on Wednesday, speaking at the World Economic Forum in Davos, Trump ruled out the use of military force for the first time but urged Denmark to enter talks immediately.
“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.
“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.”
Markets reacted positively to his comments, with Wall Street stocks opening higher and extending gains after his Truth Social announcement.
Trump has repeatedly maintained that mineral-rich Greenland is critical to United States and NATO security, particularly as competition with Russia and China intensifies in the Arctic region.
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