US president announces ‘framework of future deal’ reached over Danish-controlled territory

Donald Trump has rowed back on his tariff threats after reaching the “framework of a future deal” over Greenland, he has announced, just hours after speech in Gabos.

The US president abandoned plans to impose tariffs  on a group of close European allies, which had objected to his push to acquire the Danish-controlled territory, after what he described as a “very productive” meeting with Nato  secretary general Mark Rutte.

Writing on Truth Social on Wednesday, Trump said American and Nato representatives had “formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region” based on discussions held in the closed-door meeting at the World Economic Forum in Switzerland.

“This solution, if consummated, will be a great one for the United States of America, and all Nato Nations,” he said. “Based upon this understanding, I will not be imposing the tariffs that were scheduled to go into effect on 1 February.”