The Fort Worth Press - Trump announces Greenland 'framework', backing off force and tariffs

USD -
AED 3.673056
AFN 65.000237
ALL 82.130758
AMD 361.810074
ANG 1.790365
AOA 917.00009
ARS 1520.622502
AUD 1.434978
AWG 1.8
AZN 1.694452
BAM 1.745962
BBD 2.013775
BDT 123.109062
BGN 1.683441
BHD 0.377168
BIF 2998
BMD 1
BND 1.280235
BOB 12.002428
BRL 4.995299
BSD 0.999835
BTN 96.229211
BWP 13.792611
BYN 3.056102
BYR 19600
BZD 2.01082
CAD 1.425565
CDF 2310.000397
CHF 0.83113
CLF 0.024696
CLP 975.130076
CNY 6.70455
CNH 6.704575
COP 3240.56
CRC 458.138611
CUC 1
CUP 23.996036
CVE 98.438149
CZK 21.80595
DJF 177.719966
DKK 6.664198
DOP 60.079362
DZD 134.411891
EGP 52.391204
ERN 15
ETB 163.313009
EUR 0.891701
FJD 2.24975
FKP 0.755628
GBP 0.75665
GEL 2.604979
GGP 0.755628
GHS 11.752471
GIP 0.755628
GMD 73.498022
GNF 8796.182637
GTQ 7.643653
GYD 209.145892
HKD 7.84709
HNL 26.839317
HRK 6.720396
HTG 130.924803
HUF 327.649027
IDR 17937
ILS 3.0539
IMP 0.755628
INR 96.320899
IQD 1309.783652
IRR 1746539.504372
ISK 122.159736
JEP 0.755628
JMD 158.634511
JOD 0.708987
JPY 158.023957
KES 129.760172
KGS 87.449721
KHR 4056.635778
KMF 437.999798
KPW 900.000318
KRW 1341.829778
KWD 0.309396
KYD 0.833181
KZT 457.431329
LAK 22465.831689
LBP 89533.829083
LKR 330.501855
LRD 170.974812
LSL 16.652844
LTL 2.95274
LVL 0.60489
LYD 6.428517
MAD 9.981119
MDL 17.962532
MGA 4439.425455
MKD 54.966098
MMK 2099.456706
MNT 3596.082114
MOP 8.081756
MRU 40.114449
MUR 48.049792
MVR 15.460169
MWK 1733.723743
MXN 18.080595
MYR 4.085698
MZN 63.901804
NAD 16.652249
NGN 1326.270269
NIO 36.798807
NOK 9.590105
NPR 153.967425
NZD 1.78822
OMR 0.384498
PAB 0.99983
PEN 3.449821
PGK 4.529771
PHP 62.675997
PKR 276.936022
PLN 3.90745
PYG 5859.851004
QAR 3.654551
RON 4.763007
RSD 104.710977
RUB 84.828001
RWF 1476.746729
SAR 3.74637
SBD 8.078071
SCR 13.803685
SDG 601.498266
SEK 10.042855
SGD 1.279685
SHP 0.75503
SLE 24.598139
SLL 20969.491881
SOS 571.42347
SRD 37.665989
STD 20697.981008
STN 21.871387
SVC 8.748867
SYP 13002.000254
SZL 16.648143
THB 33.688977
TJS 9.203473
TMT 3.5
TND 2.987632
TOP 2.40776
TRY 49.155799
TTD 6.777452
TWD 31.734967
TZS 2639.664015
UAH 45.063005
UGX 4019.122524
UYU 40.47618
UZS 11771.690272
VES 865.47815
VND 25993
VUV 119.46017
WST 2.788611
XAF 584.917409
XAG 0.016351
XAU 0.000241587034
XCD 2.70255
XCG 1.801926
XDR 0.707052
XOF 584.917409
XPF 106.468359
YER 236.296989
ZAR 16.6474
ZMK 9001.200973
ZMW 19.721654
ZWL 321.999592
SSP 5712.591527
MXV 2.044443
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Trump announces Greenland 'framework', backing off force and tariffs
Trump announces Greenland 'framework', backing off force and tariffs / Photo: © AFP

Trump announces Greenland 'framework', backing off force and tariffs

US President Donald Trump said Wednesday he had reached a framework of a deal that satisfies him on Greenland, as he backed down both on threats to seize the island by force from Denmark and on imposing tariffs against European allies.

Text size:

Trump said the deal was long-term but offered few details and was conspicuously silent on whether the deal would mean US control over the Arctic island, which he has repeatedly demanded.

Trump made the startling turnaround after talks with NATO Secretary-General Mark Rutte at the World Economic Forum in the Swiss ski resort of Davos.

"We have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region", Trump said in a post on his Truth Social platform.

Trump said he would therefore scrap tariffs of up to 25 percent that he had vowed days ago to slap starting February 1 on Denmark as well as close European allies that have sent troops to Greenland in solidarity, including Britain, France and Germany.

He later told reporters from outlets including AFP that the deal "gets everything we wanted" and will be in force "forever".

Asked if the United States would gain sovereignty over the vast but sparsely populated island, Trump hesitated and then said, "It's the ultimate long-term deal."

"I think it puts everybody in a really good position, especially as it pertains to security, and minerals and everything else," Trump said.

"It's a deal that people jumped at, really fantastic for the USA, gets everything we wanted."

NATO spokesperson Allison Hart said that allies would discuss the framework which addresses Trump's claims that the island is not protected from Russia or China.

"Negotiations between Denmark, Greenland, and the United States will go forward aimed at ensuring that Russia and China never gain a foothold -- economically or militarily -- in Greenland," she said.

- Relief in Europe -

Trump's threats had triggered one of the biggest transatlantic crises in decades, with warnings that he could single-handedly destroy NATO through aggression against a fellow member.

His apparent climbdown eased jitters in Denmark, long a steadfast US ally where Trump's bellicose language has triggered shock and feelings of betrayal.

"Trump said that he will pause the trade war, he says, 'I will not attack Greenland'. These are positive messages," Foreign Minister Lars Lokke Rasmussen told Danish public television DR.

Dutch Prime Minister Dick Schoof said that the United States and Europe were "now on the path to de-escalation".

Trump has repeatedly said that the United States, the key force in NATO, deserves Greenland as it would be forced to defend the island against Russia or China, although neither country holds any claim to the island.

The issue dominated Trump's first address to the World Economic Forum in six years, in which he slammed Denmark as "ungrateful" for refusing to give up the Arctic island.

But he appeared to take the threat of military action off the table.

"I don't want to use force. I won't use force. All the United States is asking for is a place called Greenland," Trump said.

The shift in tone also brought relief to global markets, with Wall Street's key indices climbing.

- Facing down Trump -

Before Trump's apparent turnaround, Greenland's government unveiled a new brochure offering advice to the population in the event of a "crisis" in the territory, saying it was an "insurance policy".

Trump repeatedly referenced Greenland in his speech, although he mistakenly called it Iceland several times.

The US president also lambasted Europe on a number of fronts from security to tariffs and the economy, saying it was "not heading in the right direction".

Europe and Canada had earlier closed ranks against what they viewed as a threat to the US-led global order from Trump's territorial ambitions.

Canada's Prime Minister Mark Carney won a standing ovation at Davos on Tuesday when he warned of a "rupture" to the US-led system. French President Emmanuel Macron for his part said Europe would not be bullied.

But Trump renewed his attacks on the two leaders, mocking Macron in particular for wearing sunglasses at Davos, which the French president said was because of an eye condition.

In remarks that veered from topic to topic, Trump also expressed hope of ending the Ukraine war soon, saying he expected to meet President Volodymyr Zelensky in Davos on Thursday.

burs-dk-sct/md

M.Delgado--TFWP