Trump calls off February 1st tariffs

• President Trump retracted his threat to impose 10% tariffs on NATO countries, which were set to begin on February 1st.
• The decision follows a 'productive meeting' with NATO's Secretary General, leading to a 'framework of a future deal' regarding Greenland and the entire Arctic Region.
• Markets reacted positively to the news, with the Dow, S&P 500, and Nasdaq Composite showing significant gains and an intra-day spike.

President Trump has announced the cancellation of planned tariffs on NATO countries, citing a productive meeting with NATO's Secretary General and a 'framework of a future deal' concerning Greenland and the Arctic Region. This positive development has led to an immediate bullish reaction in the financial markets.