Trump backs down from tariff threats over Greenland dispute

特朗普在格陵兰岛争议中撤回关税威胁

World Business Report

2026-01-22

26 分钟
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President Trump makes a u-turn on tariffs after reaching a framework for a future deal over Greenland. Leanna Byrne asks - what do we know about this deal? We also follow the US Supreme Court hearing involving Federal Reserve governor Lisa Cook, who denies allegations of misrepresenting her home ownership status. And the EU-Mercosur trade deal faces a legal challenge. (Photo: US President Donald Trump speaking at the annual meeting in Davos, Switzerland, January 21, 2026. Credit: Photo by World Economic Forum/PA Wire)
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  • I'm Leanna Byrne.

  • President Donald Trump has rolled back on the Greenland trade fight with European countries and the EU-Mercasur trade deal is sent to court.

  • Okay, so the last 24 hours has been a lot.

  • We've gone from the brink of a potential military invasion to that being taken off the table,

  • but not the tariffs,

  • to now the tariffs being taken off the table and the framework of a future deal.

  • Here's the president speaking to reporters in Davos after talks with NATO allies,

  • and yes, that is a piano you can hear in the background.

  • put out pretty soon, as you will see.

  • It's right now a little bit in progress, but pretty far along.

  • It gets us everything we needed to get.

  • It doesn't still include the United States having ownership of Greenland