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Trump drops tariffs threat as he strikes ‘MAJOR Greenland deal’ with NATO

visibility comment0 event January 22, 2026 timer 05:02

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Donald Trump has sensationally announced he is dropping his threats to impose tariffs on the UK and other European allies after claiming to have reached a breakthrough with NATO over Greenland.

Earlier today, the US President launched an explosive outburst during a speech at the World Economic Forum in Davos, where he took aim at those opposing his plan to acquire the Arctic island.

Just days ago, Mr Trump had threatened to charge a 10% tariff from February 1 "on any and all goods" sent from some countries – including the UK and European allies – to the US. The figure would have jumped to 25% from June 1 until a deal was reached over Greenland. But in a sudden shift away from his recent threats, Mr Trump has now made a dramatic U-turn on tariffs.

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