'Framework for a Deal' reached on Greenland, changes tariff threat against Europe, Says Trump

'Framework of an agreement' reached on Greenland, tariffs against Europe temporarily lifted - Trump

US President Donald Trump announced that a "framework of agreement" had been reached regarding Greenland after a meeting with NATO chief Mark Rutte, and therefore announced that he would waive tariffs set to affect European allies.

"We have outlined the framework for a future agreement with respect to Greenland and, in fact, the entire Arctic region," Trump said in a post on Truth Social.

The US president did not provide any details about the framework, but added that the tariffs he had threatened against European countries that resist his bid to acquire Greenland were not on the table for now.

"Based on this understanding, I will not impose the tariffs that were scheduled to take effect on February 1st," Trump wrote.

He later told reporters that the agreement "achieves everything we wanted" and that it would remain in effect "forever."

However, Mr. Trump did not say whether the agreement framework meets his demand that the US take ownership of the Danish autonomous region.

"This is an agreement that people have embraced with enthusiasm, and it's really great for the USA, especially because it gets everything we wanted out of it, including real national security and international security," he said.

Trump's attempt to seize the strategic Arctic island of Greenland from NATO ally Denmark has deeply shaken the global order and markets.

Wall Street stocks rose today after his speech, and jumped even more after his Truth Social post.

In a speech at the World Economic Forum in Davos earlier today, Trump for the first time ruled out the use of force but called for "immediate negotiations" to take over the island from Denmark.

"Frankly, we wouldn't get anything if I didn't decide to use excessive force and coercion in an unstoppable situation - but I won't do that," Trump said.

"I don't need to use force. I don't want to use force. I won't use force. All America wants is a place called Greenland."

Trump insists that mineral-rich Greenland is essential to the security of the US and NATO against Russia and China.

When he returned for the first time in six years, his desire to take control of the island dominated, addressing the World Economic Forum.

In a speech that lasted more than an hour at a Swiss ski resort, Trump criticized an "ungrateful" Denmark for refusing to give up Greenland, saying only the United States could ensure the security of the "giant piece of ice."

But it was seen as a dramatic shift from previous threats that the United States could use force to take control of the mineral-rich Arctic island.

The Greenland dispute has also strained relations with the European Union, which threatened to retaliate after Trump promised to impose tariffs of up to 25% on eight European countries that support Denmark.

French President Emmanuel Macron's office had warned in Davos against US attempts to "subjugate" Europe, and he strongly criticized Trump's "unacceptable" threats to impose tariffs on allies over Greenland.

Trump will officially announce tomorrow the first charter of what is known as the 'Board of Peace', an organization worth $1 billion (853 million euros) for permanent membership to resolve international conflicts.