Trump pauses Greenland-linked tariffs on 8 European countries
Source: NBC
President Donald Trump on Wednesday said that he would not impose tariffs on eight European countries that were set to go into effect on Feb. 1 unless those countries allowed the United States to take control of Greenland.
On Saturday, Trump said he would hit Denmark, the U.K. and other countries involved in NATO exercises with a 10% tariff starting next month.
"Based upon a very productive meeting that I have had with the Secretary General of NATO, Mark Rutte, we have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region," Trump wrote on Truth Social.
"Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st," he added.
Trump had said if those countries did not comply with his demands by June, the tariff would rise to 25%.
Read more: https://www.nbcnews.com/business/economy/trump-pauses-greenland-tariffs-rcna255270
TACO Trump always Chickens Out
Trump pauses Greenland-linked tariffs on 8 European countries
— Donald Pedersen (@watchingevil.bsky.social) 2026-01-21T19:49:15.233Z
www.nbcnews.com/business/eco...
RandySF
(81,600 posts)The US already has a treaty in place for this.
Lovie777
(22,027 posts)LetMyPeopleVote
(175,818 posts)The sale of US treasuries and other steps have scared trump and so he is backing down. NATO has no power to change the title of Greenland. The US has always had the power to put more military bases on Greenland. This is trump doing his TACO routine
Lovie777
(22,027 posts)I read another country is during it as well.
intrepidity
(8,562 posts)Did he word it such that it sounded like Don's idea? That usually works.
Lovie777
(22,027 posts)courts, agreements, contracts, just anything he does not approve, and if he wants something he can just take it.
rampartd
(3,981 posts)i hope the greenlanders are not destroyed by whatever he has in mind.
jgmiller
(673 posts)He creates a contorversy and then pushes to the point where he suddenly realizes he needs to back out so he announces a "deal" and they all act like he did something. Watch there will be a deal, we will be able to expand our air base there or something that could have been done simply with a couple of phone calls.
He wants all the attention even if it's bad and then getting out of it gets him more attention. Until people stop acting like this is normal it will keep happening.
lostincalifornia
(4,998 posts)jgmiller
(673 posts)thought crime
(1,311 posts)Only Trump could have done nothing. What did Biden do? He didn't do anything.
chelsea0011
(10,211 posts)This guy is completely out of his mind.
FakeNoose
(40,419 posts)
This was never going to happen anyway, but Chump won't admit it.
thought crime
(1,311 posts)LetMyPeopleVote
(175,818 posts)NJCher
(42,601 posts)This was as of 3:40 p.m. EST.
Here's a link, but it's paywall and I don't have a subscription:
https://www.wsj.com/livecoverage/greenland-trump-tariffs-trade-eu?mod=WSJ_home_mediumtopper_pos_1
PSPS
(15,241 posts)This was never going to fly anyway since the EU can always start selling US treasuries (it owns over half of all US treasuries) and shut down the US economy.
Lanius
(653 posts)That and distractions from the job market and economy.
Torchlight
(6,387 posts)I s'pose the leather and ball-gag enthusiast in him were only a matter of time.
LetMyPeopleVote
(175,818 posts)There is no framework just like there was no health care plan
President Donald Trump claimed to have a "framework of a future deal" regarding Greenland without saying whether it would become part of the United States as he had vowed it would.
— Raw Story (@rawstory.com) 2026-01-21T19:50:46Z
https://www.rawstory.com/trump-announcement-greenland
"Based upon a very productive meeting that I have had with the Secretary General of NATO, Mark Rutte, we have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region," Trump wrote in a Wednesday Truth Social post from Switzerland.
"This solution, if consummated, will be a great one for the United States of America, and all NATO Nations. Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st," he added....
Trump made no mention of whether leaders from Denmark were consulted. Earlier on Wednesday, the U.S. president ruled out using military force to take control of Greenland.
thesquanderer
(12,909 posts)LetMyPeopleVote
(175,818 posts)Xipe Totec
(44,490 posts)quakerboy
(14,742 posts)kept his Epstein problem out of the news for a few days.
And made his Russian and Chinese masters quite happy.
LetMyPeopleVote
(175,818 posts)Any suggestion theres a substantive agreement appears to be wrong. As the president has admitted, the details don't exist yet.
Five things to know about Trumpâs âconcept of a dealâ on Greenland and tariffs - MS NOW
— (@oc88.bsky.social) 2026-01-22T15:08:49.790Z
apple.news/AMC7-sqG7TVC...
https://www.ms.now/rachel-maddow-show/maddowblog/trump-greenland-concept-of-a-deal-five-things-to-know
And yet, after the president announced that hed agreed to a framework with NATO Secretary General Mark Rutte on the future of Greenland, the Republican faced inevitable questions about the agreements contents, and he decided to lean once again on a familiar phrase.
Kernen: âCan you go into what you just talked about with the NATO meeting?â
— The Bulwark (@thebulwark.com) 2026-01-21T20:50:23.909Z
Trump: âWell, we have a concept of a deal.â
We have a concept of a deal, Trump told CNBC on Wednesday afternoon.
As the dust settles on the head-spinning developments, here are five key elements to keep in mind:
1. For now, the details of the deal dont appear to exist. Shortly after announcing the breakthrough by way of his social media platform, the American president conceded to reporters, Its right now a little bit in progress. On Thursday morning, during a Fox Business interview, he added, Its really being negotiated now, the details of it. Any suggestion theres a meaningful agreement in place appears misguided.
2. Be prepared for a fresh round of TACO mockery. Throughout 2025, the president confronted consistent Trump Always Chickens Out ridicule, mostly driven by his willingness to back off his treats of tariffs in the face of sharp stock market downturns. This week, it happened again. The Republican specifically referenced the stock market three times during his remarks at the World Economic Forum in Davos, Switzerland, shortly before caving which left little doubt as to why he was eager to back away from the crisis he created.....
5. He could still reverse course again. The incumbent American president hasnt exactly earned a reputation for steadfastness and consistency. There were few similarities between his approach to Greenland on Tuesday and his approach on Wednesday. What will his position be next week or next month? No one knows, and thats part of the broader problem: Trump is an erratic and easily confused official who tends to be swayed by the last person to have his ear, which necessarily makes it difficult for anyone, including our closest allies, to have confidence about the future.