U.S. President Donald Trump holds a bilateral assembly with NATO Secretary Normal Mark Rutte on the World Financial Discussion board (WEF) in Davos, Switzerland, Jan. 21, 2026.
Jonathan Ernst | Reuters
President Donald Trump on Wednesday stated he and NATO Secretary Normal Mark Rutte have “shaped the framework of a future take care of respect to Greenland.”
Trump stated that on account of that negotiation, he would now not impose punitive tariffs on a slew of European nations that have been set to start Feb. 1.
In an interview with CNBC’s Joe Kernen minutes after posting the assertion, Trump described the Greenland framework because the “idea of a deal.”
Learn Trump’s whole announcement, which he posted on Fact Social:
Based mostly upon a really productive assembly that I’ve had with the Secretary Normal of NATO, Mark Rutte, we’ve shaped the framework of a future take care of respect to Greenland and, in truth, your complete Arctic Area. This resolution, if consummated, might be a terrific one for america of America, and all NATO Nations. Based mostly upon this understanding, I cannot be imposing the Tariffs that have been scheduled to enter impact on February 1st. Extra discussions are being held regarding The Golden Dome because it pertains to Greenland. Additional data might be made accessible as discussions progress. Vice President JD Vance, Secretary of State Marco Rubio, Particular Envoy Steve Witkoff, and varied others, as wanted, might be liable for the negotiations — They are going to report on to me. Thanks to your consideration to this matter!
Shares shot up instantly after Trump posted the replace.
Particulars in regards to the framework settlement have been unclear. The White Home didn’t instantly reply to CNBC’s request for added data.
Regardless of its lack of element, the announcement marks a shocking twist within the ongoing controversy over Trump’s persistent efforts to amass Greenland for the U.S.
The Trump administration in latest weeks has floated shopping for the island and even using the U.S. navy to take management of it, though it’s a territory of Denmark, a NATO ally.
Danish and Greenlandic officers have rebuffed the U.S., reiterating that Greenland isn’t on the market. As tensions ratcheted up, a slew of European NATO nations elevated their navy presences within the territory.
Over the weekend, Trump responded by threatening to hit these nations with new tariffs beginning at 10% subsequent month and rising to 25% in June.
Earlier Wednesday, throughout a speech on the World Financial Discussion board in Davos, Switzerland, Trump laid out his case for the U.S. to acquire Greenland on national-security grounds.
However Trump stated he would not use navy drive in pursuit of the territory. Shares, which had plummeted a day earlier amid Trump’s rising aggression towards Greenland, instantly rebounded.
That is breaking information. Please refresh for updates.
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