BusinessPostCorner.com
No Result
View All Result
Sunday, July 19, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Trump’s Greenland pivot leaves Europe flummoxed

January 22, 2026
in Finance
Reading Time: 5 mins read
A A
0
Trump’s Greenland pivot leaves Europe flummoxed
ShareShareShareShareShare

Unlock the White House Watch newsletter for free

Your guide to what Trump’s second term means for Washington, business and the world

Donald Trump’s pivot from military intervention to a Nato-brokered compromise on Greenland has left European capitals struggling to work out whether the US president’s pressure campaign to take over the Arctic territory is over — and whether to trust his word at all.

Trump’s imperialistic rhetoric had promoted an emergency meeting of EU leaders in Brussels on Thursday to discuss how to respond to his desire to take over the Danish-controlled territory.

But the US president announced after a meeting with Nato secretary-general Mark Rutte on Wednesday evening that he had found a “solution”, and also rescinded his threat to impose tariffs on EU countries that opposed his ambition to annex the Arctic island.

The unexpected move has upended a summit that was envisaged to develop a united front against Trump’s economic coercion and his desire to conquer European territory, three EU officials said, and raised the question of just how long transatlantic trust could last.

“Based upon a very productive meeting that I have had with . . . Rutte, we have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region,” Trump posted on his Truth Social platform.

“Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st,” Trump added. Asked shortly after if he had spoken to other European leaders about his shift, Trump replied: “Yes.”

The initial threat — also made via social media five days previously — to impose 10 per cent tariffs on exports from Denmark and five other EU states plus the UK and Norway, had sparked the biggest crisis in the transatlantic relationship for decades.

EU leaders will want to discuss what the framework is about, what implications it would have for Danish sovereignty, how it would engage Denmark’s Nato partners and what it might cost the Europeans. But underlying it all will be the question of whether the US president can be trusted to stick to an agreed outcome.

French President Emmanuel Macron has supported Greenland’s sovereignty and called for strong measures against the US © Bloomberg

By setting aside some of the most aggressive threats over Greenland, Trump also left European leaders in a discussion where competing national interests — whether on trade, Greenland, Ukraine or the transatlantic alliance — were more likely to come to the fore.

“He’s appearing more flexible which is dangerous for EU unity, as he’s obviously appealing to different views among the member states,” said one of the officials involved in the summit preparations.

Trump’s statement said that “additional discussions are being held concerning The Golden Dome as it pertains to Greenland”, referring to his administration’s proposed missile defence initiative.

Trump said his vice-president JD Vance, Secretary of State Marco Rubio and special envoy Steve Witkoff would be involved in the negotiations over Greenland.

Denmark and Greenland have been clear on one point since Trump first expressed an interest in acquiring the island in 2019: the territory is not for sale.

Lars Løkke Rasmussen, Denmark’s foreign minister, reacted cautiously to Trump’s announcement, saying he had spoken briefly to Rutte. He insisted that “it is not going to happen that the USA will own Greenland. That is a red line”.

He also signalled that Denmark was ready to start negotiations over US security concerns along the lines that he and Greenland’s foreign minister agreed to with Vance and Rubio last week.

“The day is ending on a better note than it began. We welcome that POTUS has ruled out to take Greenland by force and paused the trade war,” Rasmussen added.

“Now, let’s sit down and find out how we can address the American security concerns in the Arctic while respecting the red lines of the Kingdom of Denmark.”

Lars Løkke Rasmussen arrives for a meeting, wearing a suit and blue tie, with people and cameras in the background.
Danish foreign minister Lars Løkke Rasmussen has reacted cautiously to Trump’s announcement © Bloomberg

Trump’s comments until late on Wednesday, however, had indicated that only owning Greenland would satisfy him. “It’s not something we can negotiate,” said Pelle Dragsted, a leftwing Danish MP. “Greenland belongs to the Greenlanders and you can’t sell people and countries.”

Rutte’s spokesperson said he had “a very productive meeting” with Trump about “the critical significance of security in the Arctic region”.

“Negotiations between Denmark, Greenland and the United States will go forward aimed at ensuring that Russia and China never gain a foothold, economically or militarily, in Greenland,” they added.

Recommended

Donald Trump speaks at a podium labeled "Annual Meeting Davos 2026" with a blue World Economic Forum backdrop.

But many EU officials were sceptical that Trump’s pivot to a diplomatic solution was sustainable.

“He’s patently unstable,” the official added. “He can come back tomorrow and decide every EU country is getting tariffs. He can decide that actually he’s fine to use military force and invade [Greenland]. I hope that [EU leaders] don’t fall for it.”

One worry for those deeply involved in the transatlantic discussions is that Europe rarely speaks with one voice and that Trump may pounce on any public divisions.

“These are demanding times. The situation in Nato is difficult,” said Tore Sandvik, Norway’s defence minister. “We have been advocating for many years that Nato should have more focus in the Arctic.”

Credit: Source link

ShareTweetSendPinShare
Previous Post

Bezos’ Blue Origin announces satellite rival to Musk’s Starlink

Next Post

US Crypto Market Structure Bill Further Delayed – Report

Next Post
US Crypto Market Structure Bill Further Delayed – Report

US Crypto Market Structure Bill Further Delayed – Report

Cornell professor: What generative AI can and cannot do

Cornell professor: What generative AI can and cannot do

July 15, 2026
Aer Lingus: Airline proposes to cut 500 jobs under cost cutting plan

Aer Lingus: Airline proposes to cut 500 jobs under cost cutting plan

July 16, 2026
Tax professionals aren’t worried about AI taking their jobs, but about taking jobs without AI

Tax professionals aren’t worried about AI taking their jobs, but about taking jobs without AI

July 14, 2026
Demand for Bedford baby bank growing faster than donations

Demand for Bedford baby bank growing faster than donations

July 13, 2026
Bitcoin Price Prediction: ETF Bouncing, Bitwise Sees Bottom and Huge Adoption

Bitcoin Price Prediction: ETF Bouncing, Bitwise Sees Bottom and Huge Adoption

July 15, 2026
Calls for guidance to help Jersey families claim back childcare costs

Calls for guidance to help Jersey families claim back childcare costs

July 18, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

A decade after the ‘Godfather of AI’ said radiologists are obsolete, salaries are 1K and growing

A decade after the ‘Godfather of AI’ said radiologists are obsolete, salaries are $571K and growing

July 19, 2026
Chinese firm seeks compensation over British Steel nationalisation

Chinese firm seeks compensation over British Steel nationalisation

July 19, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!