Trump Calls Off Tariffs Over Greenland, Announces Framework of Future Arctic Deal

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People protest against President Donald Trump’s goal of acquiring Greenland in front of the U.S. consulate in Nuuk, Greenland, on Jan. 17, 2026. Evgeniy Maloletka/AP PhotoPresident Donald Trump has pulled back a threat to impose new tariffs on European countries on Feb. 1, after signaling progress on a deal addressing U.S. interests in Greenland.Following a meeting with NATO Secretary General Mark Rutte in Davos, Switzerland on Jan. 21, Trump said he formed the framework of a future deal for the island and the greater Arctic region.

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