Trump Abandons Tariff Threat After Productive NATO Talks

Tue Feb 03 2026 14:28:19 GMT+0200 (Eastern European Standard Time)

Following a successful meeting with NATO leaders, President Trump decides against imposing tariffs on European nations over the acquisition of Greenland, emphasizing diplomatic negotiations.

In a surprising turn, President Trump has decided to drop plans for tariffs on European countries opposed to the U.S. acquiring Greenland, following a productive meeting with NATO Secretary General Mark Rutte. Trump announced this decision on social media, indicating the forthcoming negotiations could lead to significant benefits for both the U.S. and NATO countries. The original threat involved a 10% tariff escalating to 25% on goods from nations like Denmark and the UK. Trump's previous statements indicated a strong desire for ownership of Greenland, which is rich in rare earth minerals, important for technology. Ongoing discussions will be guided by Secretary of State Marco Rubio and Special Envoy Steve Witkoff, according to Trump.

President Donald Trump has announced he no longer plans to impose tariffs on European countries that had previously opposed his ambitions for the U.S. to acquire Greenland.

In a recent social media post, Trump shared that his decision followed a very productive meeting with NATO Secretary General Mark Rutte. This solution, if consummated, will be a great one for the United States of America and all NATO Nations, he stated.

Trump told CNBC that the potential acquisition deal, which he claimed would last forever, could involve mineral rights and the planned Golden Dome missile defense system.

Details about the negotiations remain sparse, but Trump expressed optimism about future discussions. He had initially threatened to impose a 10% tariff on goods sent from the UK and other NATO member nations, increasing it to 25% in a bid to pressure Denmark to sell Greenland.

The development comes amidst ongoing talks and criticism from international leaders, highlighting Trump’s complex relationship with NATO and Europe.