US President Donald Trump in Davos.
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Moneycontrol22-01-2026, 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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