Trump Addresses WEF Davos 2026, Withdraws Tariffs Threat Over Greenland Deal

Business
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Moneycontrol•22-01-2026, 06:44
Trump Addresses WEF Davos 2026, Withdraws Tariffs Threat Over Greenland Deal
- •US President Donald Trump addressed the World Economic Forum (WEF) in Davos, Switzerland.
- •Trump announced a "framework of a future deal" on Greenland after meeting NATO Secretary General Mark Rutte.
- •He stated that new tariffs on European countries, previously threatened over Greenland ambitions, are no longer necessary.
- •This signals a softer approach from Trump after weeks of tension regarding Greenland.
Why It Matters: Trump softened his stance on European tariffs after securing a Greenland deal framework at WEF Davos.
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