In a significant policy reversal, President Donald Trump has backed away from his previous threats to take over Greenland, instead agreeing with NATO on a framework for Arctic security.A European official familiar with the discussions revealed that NATO members considered a compromise involving Denmark and the alliance working with the U.S. to establish more military bases on Greenland. “It’s the ultimate long-term deal, and I think it puts everyone in a really good position, especially as it pertains to security and minerals and everything else,” Trump said. He also indicated that the details are still being finalized. White House Spokeswoman Anna Kelly told Hearst Television in a statement, “If this deal goes through, and President Trump is very hopeful it will, the United States will be achieving all of its strategic goals with respect to Greenland, at very little cost, forever. President Trump is proving once again he’s the Dealmaker in Chief.”This marks a major shift from Trump’s earlier comments, in which he insisted that Greenland was “our territory.” Trump also canceled new tariffs on eight European nations that were scheduled to take effect on Feb. 1, which were initially imposed due to their opposition to his Greenland proposals. When Trump initially announced the sweeping new tariffs, U.S. markets logged their biggest losses since October as investors reacted to the announcement. Shortly after he walked back the tariffs, the stock market rebounded, and European leaders expressed relief after spending the last few days discussing economic retaliation against the United States. Keep watching for the latest from the Washington News Bureau:
In a significant policy reversal, President Donald Trump has backed away from his previous threats to take over Greenland, instead agreeing with NATO on a framework for Arctic security.
A European official familiar with the discussions revealed that NATO members considered a compromise involving Denmark and the alliance working with the U.S. to establish more military bases on Greenland.
“It’s the ultimate long-term deal, and I think it puts everyone in a really good position, especially as it pertains to security and minerals and everything else,” Trump said. He also indicated that the details are still being finalized.
White House Spokeswoman Anna Kelly told Hearst Television in a statement, “If this deal goes through, and President Trump is very hopeful it will, the United States will be achieving all of its strategic goals with respect to Greenland, at very little cost, forever. President Trump is proving once again he’s the Dealmaker in Chief.”
This marks a major shift from Trump’s earlier comments, in which he insisted that Greenland was “our territory.”
Trump also canceled new tariffs on eight European nations that were scheduled to take effect on Feb. 1, which were initially imposed due to their opposition to his Greenland proposals.
When Trump initially announced the sweeping new tariffs, U.S. markets logged their biggest losses since October as investors reacted to the announcement.
Shortly after he walked back the tariffs, the stock market rebounded, and European leaders expressed relief after spending the last few days discussing economic retaliation against the United States.
Keep watching for the latest from the Washington News Bureau:
