Though no specifics were given of the deal, the President said it will be good for the U.S. in terms of minerals and other areas.
By Catholics for Catholics
After holding meetings in Switzerland with world leaders and the Secretary of NATO, President Donald Trump announced that a framework had been formed regarding Greenland, as he ceased the threat of tariffs against European allies, leaving the possibility of dropping the demand of the U.S. owning the arctic island.
“We have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region,” Trump wrote on Truth Social after meeting with NATO Secretary General Mark Rutte in Davos, Switzerland, according to the New York Post.
“This solution, if consummated, will be a great one for the United States of America, and all NATO Nations. Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st.”
As a consequence of Trump’s comments, the Nasdaq, S&P 500 and Dow Jones Industrial Average indices all reacted positively to the news with modest gains as of mid-afternoon.
For months, Trump had pressured Denmark to turn in Greenland to U.S. control, insisting that nothing short of US “ownership” would be acceptable, and he was coy about the precise outcome he foresees.
Nevertheless, when asked if he still wants to acquire Greenland through the framework deal, Trump paused, then deflected.
“It’s a long-term deal. It’s the ultimate long-term deal, and I think it puts everybody in a really good position, especially as it pertains to security and minerals and everything else,” he told reporters.
White House spokeswoman Anna Kelly said that “if this deal goes through, and President Trump is very hopeful it will, the United States will be achieving all of its strategic goals with respect to Greenland, at very little cost, forever.”
“As details are finalized by all parties involved, they will be released accordingly,” she said.
Save and Share This Catholic Patriotic Minute!
