Trump Rules Out Force in Greenland and Drops European Tariffs

President Trump ruled out military force for Greenland and canceled tariffs on European allies. The move triggered a global market rally as risk premiums fell.

洞察:
President donald trump of the USUS announced at Davos on January 22, 2026, that he has ruled out using military force to seize GLGL and is dropping threatened 10% tariffs against eight countries in the EUEU. During his remarks, donald trump stated that he did not want or need to use force regarding GLGL, specifically saying I don't have to use force, I don't want to use force, I won't use force. The president further claimed to have secured a deal with NATO that provides complete and permanent U.S. access to the territory of GLGL, reversing previous high-profile threats that had triggered trade war concerns and high market volatility earlier in the week.
Global financial markets responded with a relief rally as geopolitical risk premiums deflated. In Europe, the STOXX 600 index rose by more than 1% following the announcement, while the Euro/US Dollar exchange rate climbed back above $1.17. The currency of DKDK, the Danish crown, remained steady against both the dollar and the euro, as reflected in the US Dollar/Danish Krone pricing. On Wall Street, equities pointed higher on Thursday after experiencing the best single-day performance in two months during the previous session.
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