• Trump says reached deal framework on Greenland.
• Understanding achieved during meeting with NATO chief Mark Rutte.
• Trump says planned tariffs on European allies will be dropped.

DAVOS: US President Donald Trump abruptly stepped back on Wednesday from threats to impose tariffs as leverage to seize Greenland, ruled out the use of force, and said a deal was in sight to end a dispute over the Danish territory that risked the deepest rupture in transatlantic relations in decades.

On a whirlwind trip to the World Economic Forum annual meeting in Davos, Switzerland, Trump backed down from weeks of rhetoric that shook the NATO alliance and risked a new global trade war.

Instead, Trump said Western Arctic allies could forge a new deal that satisfies his desire for a “Golden Dome” missile-defence system and access to critical minerals while blocking Russia and China’s ambitions in the Arctic.

“It’s a deal that everybody’s very happy with,” Trump told reporters after emerging from a meeting with NATO Secretary General Mark Rutte. “It’s a long-term deal. It’s the ultimate long-term deal. It puts everybody in a really good position, especially as it pertains to security and to minerals.”

He added: “It’s a deal that’s forever.”

A NATO spokesperson said seven NATO allies in the Arctic would work together to ensure their collective security.

“Negotiations between Denmark, Greenland, and the United States will go forward aimed at ensuring that Russia and China never gain a foothold – economically or militarily – in Greenland,” the spokesperson said.

Respect for Danish sovereignty, Greenland crucial: Denmark

Trump said on his Truth Social platform that the US and NATO had “formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region,” and that “based upon this understanding, I will not be imposing the tariffs that were scheduled to go into effect on February 1.”

Denmark said the issue should be handled through private diplomacy rather than on social media.

“What is crucial for us is that we get to end this with respect for the integrity and sovereignty of the kingdom (of Denmark) and the right of the Greenlandic people to self-determination,” Denmark’s Foreign Minister Lars Lokke Rasmussen told public broadcaster DR.

Rasmussen said he had spoken with Rutte but declined to provide details on what had been agreed.

Greenland’s government did not reply to a request for comment.

Trump said he had tasked Vice President JD Vance, Secretary of State Marco Rubio, and special envoy Steve Witkoff to take part in further discussions.

Earlier in the day, the Republican US president acknowledged financial markets’ discomfort with his threats and ruled out force in a speech at the Swiss Alpine resort.

“People thought I would use force, but I don’t have to use force,” Trump said. “I don’t want to use force. I won’t use force.”

The change in posture on tariffs sparked a stock market rally, with the S&P 500 .SPX index up 1.2%. That added to the market’s recovery after the sharpest equities sell-off in three months.

NATO allies have been unnerved by Trump’s increasing threats to seize the territory from Denmark, which is a long-time US NATO ally.

But in his year in office, Trump has also repeatedly made severe threats that spooked markets, only to water them down or withdraw them completely.

Eight Arab and Islamic countries including Pakistan have announced their shared decision to join the Board of Peace.

In a joint statement, the Foreign Ministers of Pakistan, Egypt, Jordan, the United Arab Emirates, Indonesia, Türkiye, Saudi Arabia, and Qatar welcomed the invitation extended to their leaders by the President of the United States of America, Donald J. Trump, to join the Board of Peace.

According to Ministry of Foreign Affairs, these countries have reiterated their support for the peace efforts led by President Donald Trump.

The Ministers also reaffirmed their countries’ commitment to supporting the implementation of the mission of the Board of Peace as a transitional administration, as set out in the Comprehensive Plan to End the Gaza Conflict and endorsed by United Nations Security Council Resolution 2803, aimed at consolidating a permanent ceasefire, supporting the reconstruction of Gaza, and advancing a just and lasting peace grounded in the Palestinian right to self-determination and statehood in accordance with international law, thereby paving the way for security and stability for all countries and peoples of the region.

Each country will sign the joining documents according to its respective relevant legal and other necessary procedures.

Meanwhile, Group of eight Arab-Islamic countries have jointly announced their decision to join the Board of Peace.

In a post on social media platform X today, Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar said Pakistan has been and will continue to work with its brotherly Arab- Islamic countries for lasting peace in Gaza and for ensuring the right to self-determination of our Palestinian brothers and sisters.

Greenland’s government on Wednesday unveiled a new brochure offering advice to the population in the event of a “crisis” in the territory, which US President Donald Trump has repeatedly vowed to seize from ally Denmark.

Guidance includes stockpiling food and water, hunting weapons and ammunition.

The document is “an insurance policy”, said Self-Sufficiency Minister Peter Borg at a press conference in Nuuk, the Greenlandic capital.

“We don’t expect to have to use it,” Borg said.

Trump on Thursday demanded “immediate” talks on his bid to control Greenland but said he would not use military force to take the Arctic Island.

He downplayed the issue as a “small ask” over a “piece of ice” and that an acquisition would be no threat to the North Atlantic Treaty Organisation (Nato) alliance that includes Denmark and the United States.

“No nation or group of nations is in any position to be able to secure Greenland other than the United States,” Trump said, adding: “I’m seeking immediate negotiations to once again to discuss the acquisition of Greenland by the United States.”

Work on the brochure, titled “Prepared for Crises — Be Self-Sufficient for Five Days”, began last year “against a backdrop of power outages of varying duration”, according to the Greenland government.

The guidance recommends storing five days’ worth of food, three litres of water per person per day, toilet paper, a battery-powered radio, plus weapons, ammunition and fishing equipment.

Greenland’s 57,000-strong population — nearly 90% indigenous Inuit people — has long traditions of hunting and fishing as the primary means of subsistence.

On Tuesday, Greenland’s Prime Minister Jens-Frederik Nielsen said a military operation against Greenland was “unlikely”, but that the Danish autonomous territory must nevertheless be ready.

Since returning to power last year, Trump has repeatedly said he wants to gain control of Greenland to counter Russian and Chinese advances in the Arctic and ensure global stability — the horror of his European and Nato allies.

The US president said on Wednesday in Davos that he “won’t use force” to take the island, while calling for “immediate negotiations” to acquire it.

According to a January 2025 poll, 85% of Greenlanders oppose joining the United States, with only 6% in favour.