Wednesday, January 21, 2026

Trump drops tariff threat after progress in Greenland negotiations

United States. — United States President Donald Trump announced that he will revoke the threat to impose tariffs on European countries starting February 1, after reaching a preliminary understanding related to Greenland and the Arctic region.

The leader reported that, after conversations with NATO Secretary General Mark Rutte, a negotiation framework was established that would allow progress on a future agreement, which motivated the decision to withdraw the trade measures that had been proposed as diplomatic pressure.

Trump did not offer specific details about the content of the agreement, but assured that, under this new scenario, the imposition of tariffs is no longer contemplated.

We recommend reading: Trump and Zelensky will meet on Thursday in Davos, according to the White House

He also reiterated that his interest in Greenland is due to strategic reasons linked to national security and the stability of the region against the influence of powers such as Russia and China.

The announcement was well-received by financial markets, which reacted with increases after the decision was announced, while international leaders are closely watching the course of negotiations and their impact on relations between the United States, Europe, and NATO.

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