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

  • 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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US stocks climb again after Trump calls off his tariffs for Greenland

U.S. stocks are ticking higher and have regained most of their losses for the week. The S&P 500 rose 0.4% Thursday, continuing its rally after President Donald Trump called off tariffs on European countries that he said opposed his desire…

·Lancaster, United States
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Economy.pk broke the news in on Sunday, January 18, 2026.
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