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.
60 Articles
60 Articles
‘Foolish’ to assume Trump will not threaten tariffs again, says Harris
Tanaiste Simon Harris defended the EU’s response to the US over Greenland and said it was a ‘wake-up call’ for Europe. It would be “foolish” to assume that Donald Trump will not threaten tariffs again during his tenure, Ireland’s deputy premier has said. Simon Harris said Europe came “extraordinarily close” to an economic catastrophe this week after the US president threatened to impose tariffs on six EU nations, the UK and Norway from next mont…
He Did It All For The Nuuky
This article first appeared on SubstackI do not know why, but this one makes me laugh.Trump lived up to his reputation of chickening out after threatening to raise tariffs on a nation. It is the reason for the TACO acronym: Trump Always Chickens Out.Trump threatened to raise tariffs on eight NATO nations unless they would allow Denmark to sell Greenland to him. Never mind that seven of these nations don't have any say in what Denmark does with G…
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.
☕ Daily Brief: Trump Secures Greenland Deal
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