US EditionBBC World Service - Newshour, Trump Drops Threat of Tariffs over Greenland After Nato Talks in Davos
Trump reversed his tariff threats on eight European NATO allies after talks, forming a future Arctic security framework including U.S. military and mineral access to counter Russia and China.
- On Wednesday, President Donald Trump scrapped threatened tariffs on eight European nations and said he and NATO had "formed the framework of a future deal" on Arctic security.
- Seeking leverage, President Donald Trump threatened steep import taxes on Denmark and seven other allies to press for Greenland negotiations, citing the $175 billion Golden Dome missile-defense program to counter Russia and China.
- After the selloff, markets recovered as investors reacted to the tariff reversal, with financial markets that had fallen sharply bouncing back Wednesday following the sharpest equities selloff in three months and European leaders' discussions of retaliation.
- Danish Foreign Minister Lars Løkke Rasmussen welcomed Trump ruling out force and pausing tariffs, while Greenland's government urged residents to prepare with five days' supplies.
- NATO members discussed a compromise that could include more U.S. military bases on Greenland, officials said details remain unfinished, and White House Spokeswoman Anna Kelly called the deal strategically significant.
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☕ Daily Brief: Trump Secures Greenland Deal
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Trump Announces ‘Framework’ Greenland Deal with NATO, Scraps Punitive Tariffs
President Donald Trump has announced that he's reached a preliminary framework agreement with NATO Secretary General Mark Rutte regarding Greenland, a development he said will pause a looming round of punitive tariffs on European nations. The post Trump Announces ‘Framework’ Greenland Deal with NATO, Scraps Punitive Tariffs appeared first on Slay News.
Trump backs down! Greenland tariffs dropped, European markets stabilise
Global markets breathed a sigh of relief this week after former U.S. President Donald Trump backed down from a threatened package of punitive tariffs and military rhetoric over Greenland, calming investors and easing political tensions between Washington and its European allies, including Britain and Spain. The dramatic U-turn came during Trump’s controversial appearance at the 56th World… Source
Follow with us the news of this Thursday, January 22, 2026 on Greenland as Donald Trump follows diplomatic meetings in Davos, Switzerland
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