Donald Trump Cancels Planned 10% Tariffs on NATO Nations After Greenland Talks
According to Trump, the US and NATO have agreed on a preliminary framework regarding Greenland and Arctic cooperation, leading to the cancellation of planned February tariffs.
Summary
On January 22, US President Donald Trump announced via Truth Social that the United States and NATO had established a preliminary framework for future agreements involving Greenland and the Arctic. As part of this development, Trump confirmed that the planned 10% tariffs on NATO member nations, set for February 1, will not take effect. He noted that discussions about Greenland and the Golden Dome project remain ongoing.
Terms & Concepts
- NATO (North Atlantic Treaty Organization): A military alliance of 31 countries from North America and Europe established for mutual defense and security.
- Tariff: A tax or duty imposed by a government on imported or exported goods.
- Framework deal: A preliminary agreement outlining broad principles for future detailed negotiations.