U.S. President Donald Trump has called off planned tariffs on European countries after announcing what he described as a “framework” for a future deal involving Greenland and the wider Arctic region.
Speaking at the World Economic Forum in Davos, Switzerland, Trump said he had reached an understanding with Mark Rutte, NATO’s secretary-general, that would eliminate the need for tariffs set to take effect on Feb. 1. In a post on Truth Social, Trump said the framework covers Greenland and “the entire Arctic Region” and would benefit both the United States and NATO allies.
“Based upon this understanding, I will not be imposing the tariffs that were scheduled to go into effect,” Trump wrote, adding that further discussions are underway regarding his proposed “Golden Dome” missile defence system as it relates to Greenland.
Trump provided few details about the agreement, later telling reporters the timeline for a final deal was “infinite.” He declined to put a price on Greenland, instead framing the issue in terms of security and strategic interests.
Greenland is an autonomous territory within the Kingdom of Denmark and a member of NATO through Denmark. Trump’s earlier comments suggesting U.S. ownership of Greenland had raised alarm among allies, given NATO’s treaty commitments to peaceful dispute resolution.
Swedish Foreign Minister Maria Malmer Stenergard welcomed Trump’s decision to withdraw the tariff threat, saying international pressure and co-ordinated opposition to changes in borders had made an impact.
Trump also used his Davos appearance to criticize Prime Minister Mark Carney, saying Canada “should be grateful” to the United States and repeating claims that the country benefits disproportionately from its relationship with Washington. The Prime Minister’s Office said it had no immediate comment.
Meanwhile, Carney met with Rutte and Swedish Prime Minister Ulf Kristersson on the sidelines of the forum to discuss Arctic security, NATO commitments and ongoing peace efforts in Ukraine, according to statements from the Prime Minister’s Office.
Analysts say Trump’s shifting stance has eased immediate trade tensions with Europe but left lingering questions about the future of U.S. relations with NATO allies and Arctic nations.