Washington: US President Donald J. Trump announced that he would not proceed with the tariffs, which were scheduled to affect eight European countries starting February 1, after reaching a deal with the North Atlantic Treaty Organization (NATO) on Greenland.
According to Kuwait News Agency, Trump posted on his Truth Social platform following his meeting with NATO Secretary-General Mark Rutte on Wednesday, stating that the talks resulted in "the framework of a future deal with respect to Greenland and in fact the entire Arctic Region." He mentioned that the solution, if consummated, would benefit the United States and all NATO nations.
Trump noted that consultations are ongoing regarding "The Golden Dome" in relation to Greenland, indicating that further information would be provided as discussions progress. He also mentioned that Vice President JD Vance, Secretary of State Marco Rubio, and Special Envoy Steve Witkoff would lead the negotiations, along with other officials as needed.
During his speech at the annual meeting of the World Economic Forum, Trump emphasized the necessity of negotiating with European parties over what he described as the United States "returning Greenland." He argued that Washington has contributed significantly to NATO while receiving little in return. On Saturday, Trump threatened that Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland would face 10 percent tariffs on their exports to the United States if an agreement on Greenland was not reached by February 1.