New Delhi: US President Donald Trump announced on Wednesday that he will not proceed with new tariffs on eight European countries, which were set to take effect on February 1. He cited progress in talks with NATO Secretary-General Mark Rutte on Greenland during the World Economic Forum in Davos.
In a post on Truth Social, Trump stated that the two sides had agreed on “the framework of a future deal” related to Greenland, describing the discussions as productive. He added that the proposed arrangement would benefit the US as well as NATO allies.
“Based upon this understanding, I will not be imposing the tariffs that were scheduled to go into effect on February 1,” Trump wrote.
The tariff plan, announced just days before the Davos meeting, was set to begin at 10% on imports from France, Germany, the UK, Denmark, Sweden, Norway, and the Netherlands, with an additional European nation also included. The rates were expected to rise to 25% by June, according to the earlier announcement.
Trump said future negotiations will be led by Vice President JD Vance, Secretary of State Marco Rubio, Special Envoy Steve Witkoff, and other senior officials, who will report directly to him, according to a White House post on X.
"Based upon a very productive meeting that I have had with the Secretary General of NATO, Mark Rutte, we have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region. This solution, if consummated, will be a great one for the United… pic.twitter.com/24b99begbb
— The White House (@WhiteHouse) January 21, 2026
The decision came hours after Trump’s address in Davos, where he again argued the US needs Greenland for national and global security, and suggested NATO members could support a deal that gives Washington control of the territory.