President Donald Trump said Thursday that proposed tariffs against European allies are off the table after what he described as a tentative agreement with NATO tied to Greenland and Arctic security.
Trump said there is now a “concept of a deal” following talks in Switzerland, easing trade tensions that flared after European countries pushed back on his interest in acquiring Greenland.
“I think it’s going to be a very good deal for the United States — also for them,” Trump said to CNBC.
The announcement came after the president said the United States would not use military force to take Greenland from Denmark. Instead, Trump said the focus has shifted to cooperation with allies on security concerns in the Arctic region.
“We’re going to work together on something having to do with the Arctic as a whole, but also Greenland — and it has to do with the security, great security, strong security, and other things,” Trump said.
Earlier Thursday, the European Union said it would pause adoption of a U.S. trade deal reached last summer in response to Trump’s proposal to impose tariffs on a handful of EU countries opposed to U.S. ownership of Greenland.
Trump later said those tariffs were removed as negotiations progressed.
“We took that off, because it looks like we have, pretty much, a concept of a deal,” he said. “It’s a little bit complex, but we’ll explain it down the line.”
Former U.S. Ambassador to Denmark Alan Leventhal told NBC10 Boston he agrees with the president on security concerns in the Arctic, particularly as ice caps continue to melt.
“Minerals and resources on the seabed in the Arctic Ocean are going to open up,” Leventhal said.
However, he warned that pressuring allies could risk a broader trade conflict and send the wrong signal to adversaries like Russia and China as it pertains to taking over territory by force.
“I think the best path is to work with the Danes and the Greenlanders to achieve whatever we want on Greenland, short of owning Greenland,” Leventhal said.
Trump said the agreement would “last forever,” though he did not provide details. He also said owning Greenland would give the United States a greater incentive to defend it through his proposed “Golden Dome” missile defense system.
