Trump says he reached Greenland deal 'framework' with NATO, backs off Europe tariffs

CNBC Television | January 21, 2026 at 08:30 PM UTC
Bullish 80% Confidence
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Key Points

  • Trump is calling off his tariff threat on a number of NATO countries, which were scheduled to go into effect on February 1st.
  • He announced a 'framework of a future deal' with NATO regarding Greenland and the entire Arctic Region.
  • Additional discussions are being held concerning 'The Golden Dome' as it pertains to Greenland, with officials like JD Vance and Marco Rubio involved.

AI Summary

President Trump announced a 'framework of a future deal' regarding Greenland with NATO Secretary General Mark Rutte, leading him to retract the previously threatened 10% tariffs on European NATO countries that were set to begin February 1st. This decision is expected to be viewed positively by markets as it eases trade tensions.

Model Analysis Breakdown

Model Sentiment Confidence
Gemini 2.5 Flash Bullish 80%
Consensus Bullish 80%