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Reading: Trump backs off from tariff risk over Greenland, says he has “framework of a future deal”
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Trump backs off from tariff risk over Greenland, says he has “framework of a future deal”
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Trump backs off from tariff risk over Greenland, says he has “framework of a future deal”

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Last updated: January 21, 2026 9:21 pm
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Published: January 21, 2026
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Extra from CBS InformationGo deeper with The Free Press

Washington — President Trump stated he is not going to be imposing tariffs towards European nations over their objections to his efforts to amass Greenland, revealing Wednesday that he and the secretary-general of NATO reached “the framework of a future deal” relating to the island.

“This answer, if consummated, can be an awesome one for america of America, and all NATO Nations. Based mostly upon this understanding, I can’t be imposing the Tariffs that had been scheduled to enter impact on February 1st,” the president wrote in a Fact Social put up from Davos, Switzerland, following a gathering with NATO Secretary-Normal Mark Rutte.

In an interview with CNBC shortly after his put up, the president stated “we have now an idea of a deal” and that he thinks it will likely be “an excellent deal for america, additionally for them.” 

“We will work collectively on one thing having to do with the Arctic as a complete, but in addition Greenland. And it has to do with the safety, nice safety, robust safety, and different issues,” he stated.

He declined to offer specifics of the framework, saying “it is a bit of bit advanced” and that the U.S. will “clarify it down the road.” He did be aware that the settlement would final “ceaselessly.”

“It is the type of a deal that I wished to have the ability to make,” Mr. Trump informed CNBC.

The president addressed the annual assembly of worldwide leaders on the World Financial Discussion board earlier within the day and reiterated his insistence that the U.S. must personal the semi-autonomous Danish territory for safety causes. However, for the primary time, he dominated out the usage of army pressure to take management of the island, and stated he was as a substitute “in search of speedy negotiations” over the territory.

Over the weekend, the president threatened to impose 10% tariffs on eight European nations that opposed his Greenland push starting subsequent month, and stated the tariff would enhance to 25% if the U.S. didn’t purchase the island. The specter of a commerce warfare with longstanding allies despatched shockwaves by means of European capitals, with leaders scrambling to handle the risk and defend Greenland and Denmark’s autonomy earlier than gathering in Davos.

Mr. Trump has argued that proudly owning Greenland is crucial for finishing his “Golden Dome” missile protection defend, and that NATO ought to again his acquisition of the territory to defend towards Russia and China. In his Fact Social put up, he stated that discussions over the missile defend will proceed. 

“Further discussions are being held regarding The Golden Dome because it pertains to Greenland,” he stated. “Additional info can be made accessible as discussions progress. Vice President JD Vance, Secretary of State Marco Rubio, Particular Envoy Steve Witkoff, and varied others, as wanted, can be answerable for the negotiations — They are going to report on to me.”

Extra from CBS Information

Go deeper with The Free Press


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