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Trump Calls Off Greenland Tariffs, Cites 'Golden Dome' For Peace Deal

Trump Calls Off Greenland Tariffs, Cites 'Golden Dome' For Peace Deal
Photo by wuz on Unsplash

KEY POINTS

  • •President Trump announced on Wednesday that he would not impose February 1st tariffs on eight European allies.
  • •He said a framework for a Greenland and Arctic Region deal was found in talks with NATO Secretary General Mark Rutte.
  • •Despite Denmark refusing to negotiate sovereignty, Trump appointed top officials including VP JD Vance to press the discussions.

On the magical date of February 1st, President Trump waved away his threat to slam tariffs onto eight European allies, the same day he ditched his Greenland invasion plans. Trump casually claimed a "solution" had been found in talks with NATO's Mark Rutte, involving a mysterious 'Golden Dome' in Greenland—because who negotiates countries without their quirky landmarks? Markets, which were apparently one tweet away from a panic attack, rebounded happily with the S&P 500 jumping 1.5% and bond yields dropping like leftover ice. Vice President JD Vance, Secretary Marco Rubio, and 'Special Envoy' Steve Witkoff have been appointed to wrestle out the deal, reporting to the big boss himself via Truth Social, ensuring all discussions contain maximum drama and minimal clarity.

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Source: Axios | Published: 1/21/2026 | Author: Dave Lawler