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Trump says he reached Greenland deal ‘framework’ with NATO, backs off Europe tariffs

President Trump paused planned tariffs on European allies after agreeing on a framework deal with NATO for Greenland and Arctic security, citing its importance for U.S. defense.

  • President Donald Trump said in a Truth Social post that he and Mark Rutte, secretary general of NATO, agreed on "the framework of a future deal" on Greenland and will halt Feb. 1 tariffs.
  • Earlier, Trump had threatened military action and tariffs over Greenland, backing off force at Davos while threatening a 10% levy starting Feb. 1 on Denmark and eight other countries.
  • Trump said he named Vice President JD Vance, Secretary of State Marco Rubio, and Special Envoy Steve Witkoff to lead negotiations, with discussions on a `Golden Dome` continuing.
  • Markets jumped after the announcement, with the S&P 500 rallying 1.5% on January 21, 2026, after Trump said the deal would benefit the U.S. and allies while the Dow gained 760 points.
  • Trump made no mention of Danish consultation while Copenhagen expressed readiness to talk, and any deal would need U.S. Senate approval as Trump promised more details during ongoing negotiations.
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Trump rows back on Greenland tariff threats after ‘deal’ talks with Nato chief

The US president had only earlier on Wednesday doubled down on his threats to secure the Arctic island, but ruled out the use of force to do so.

·Falmouth, United Kingdom
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NOS broke the news in Netherlands on Tuesday, January 20, 2026.
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