Trump's attempt to acquire Greenland failed, but his effort to establish military bases around Greenland has been successful. With NATO's approval for this, Trump has also withdrawn the tax system he intended to impose against Europe.
Following a crucial discussion with NATO Secretary General Mark Rutte during the World Economic Forum in Davos, US President Donald Trump has decided to withdraw the 10 percent tariffs imposed on eight European countries. He decided to suspend these tariffs, which were scheduled to come into effect on February 1st, due to reaching a new agreement with NATO regarding Greenland and the Arctic region.President Trump stated that during this meeting, both parties succeeded in establishing a framework for a future deal concerning Greenland and the entire Arctic region, which will benefit both the United States and NATO members. Trump had previously prepared to impose these taxes on European countries that opposed his acquisition of Greenland, but based on the new understanding reached, he confirmed via his social media account that he would not implement those tariffs.
Under this new framework established between the United States and NATO, an agreement has been reached to work jointly to ensure the security of Greenland and the Arctic region. According to foreign reports, this agreement will allow the United States to establish its military bases in limited areas of Greenland, and will also provide opportunities to conduct surveillance and security operations covering all three sectors: land, sea, and air. However, this process does not grant permission to govern Greenland, but rather involves setting up 'guard posts' for security.
Obtaining NATO's cooperation for the proposed US 'Golden Dome' missile defense system, similar to Israel's Iron Dome system, is also included in these discussions. This system is being established to counter potential threats from countries like Russia and China, and the proposed framework also allows for a partnership with the United States regarding Greenland's mineral resources.
On January 17th, Trump had announced the imposition of these tariffs targeting eight countries: Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland. He had also warned that if a favorable agreement regarding Greenland was not reached with the US, the tariff rate would be increased to 25 percent starting June 1st, but with the success of the current discussions, that trade crisis has been averted.