Overview
- The planned 10% levies on goods from Denmark, the U.K., Germany, France, Norway, Sweden, the Netherlands and Finland were canceled after earlier threats to raise them to 25% in June.
- The announcement followed a Davos meeting with NATO Secretary‑General Mark Rutte, who publicly endorsed Trump's account of a framework covering Greenland and the wider Arctic.
- Trump said talks will include the proposed Golden Dome missile‑defense concept and potential access to Greenland's mineral resources.
- Vice President J.D. Vance, Secretary of State Marco Rubio and special envoy Steve Witkoff were assigned to lead negotiations and report directly to the president.
- European institutions paused progress on a U.S.–EU trade deal during the standoff, and U.S. stocks climbed on the tariff pause.