Trump Withdraws Tariff Threats, Rules Out Greenland Seizure
Trump withdraws tariff threats against Europe and rules out Greenland seizure, sparking a global market rally as investors reduce geopolitical risk hedges.
Insights:
In a significant policy shift, President Donald Trump donald trumpannounced on January 22, 2026, the withdrawal of tariff threats against eight European Union member states and ruled out the forceful acquisition of Greenland
DK. This announcement was made during an interview on Fox Business Network from the World Economic Forum in Davos. The statement marks a reversal from his aggressive stance earlier in the week, which had caused sharp selloffs in global markets.



