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Trump cancels planned European tariffs over Greenland following NATO Arctic agreement

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DAVOS, SWITZERLAND - JANUARY 21: U.S. President Donald Trump gives a speech at the World Economic Forum (WEF) on January 21, 2026 in Davos, Switzerland. The annual meeting of political and business leaders comes amid rising tensions between the United States and Europe over a range of issues, including Trump's vow to acquire Greenland, a semi-autonomous Danish territory. (Photo by Chip Somodevilla/Getty Images)
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VIDEO: U.S. President Donald Trump has announced he’s canceling a planned tariff on U.S. allies in Europe over Greenland. This decision follows an agreement with NATO on a framework for a future Arctic deal. Earlier, Trump insisted on acquiring Greenland but said he would not use force. His comments have sparked concerns about a potential geopolitical standoff. During his speech at the World Economic Forum Trump insisted that he wants to “get Greenland, including right, title and ownership” but said he would not use force to do so while repeatedly deriding European allies and vowing that NATO should not try to block U.S. expansionism.

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