Greenland: Trump drops European tariff threat
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Greenland: Trump drops European tariff threat
"President Donald Trump said he is dropping his tariff threat on several European nations after agreeing with NATO Secretary General Mark Rutte on a "framework of a future deal" involving Greenland and the wider Arctic region. The step-down comes days after Trump threatened to impose a 10% import tariff on goods from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland until "a deal is reached for the complete and total purchase of Greenland.""
"On Wednesday, he wrote on Truth Social: "I will not be imposing the Tariffs that were scheduled to go into effect on February." The move could ease tensions with NATO partners, though questions remain about what the Arctic deal actually includes. Europe has been steadfast in saying Greenland is not for sale and cannot be wrested from Denmark. Speaking at WEF earlier, Trump also ruled out using force to acquire the island from Denmark, calling instead for immediate negotiations."
President Donald Trump said he is dropping a tariff threat on several European nations after agreeing with NATO Secretary General Mark Rutte on a framework for a future deal involving Greenland and the Arctic. The threat had proposed a 10% import tariff on goods from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland until a purchase deal for Greenland was reached. Trump wrote on Truth Social that he would not impose tariffs scheduled for February. Europe insists Greenland is not for sale and cannot be taken from Denmark. The European Parliament froze a trade agreement's implementation after earlier threats. Trump ruled out using force and called for immediate negotiations; Rutte warned the Arctic needs protection from Russia and China.
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