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Trump’s Greenland Deal Boosts Markets as Tariffs are Canceled

President Trump announced today that a “framework of a future deal with respect to Greenland” has been formed and that the administration is canceling the threatened new tariffs on several European nations, a sudden reversal that sent markets climbing on relief. This announcement follows intense diplomacy and a public push from the president that made clear America will not cede strategic ground in the Arctic while also being willing to bargain from strength.

Just days ago the president warned eight European countries — Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland — that a 10 percent tariff would take effect on February 1, rising to 25 percent on June 1, if a deal over Greenland wasn’t reached. Those tariffs were never arbitrary; they were leverage to protect U.S. security interests and American workers, forcing Europe to take negotiations seriously instead of treating the U.S. like a paper tiger.

Markets reacted immediately when the administration signaled a de-escalation, with major indexes jumping late in the trading day and the Dow gaining hundreds of points after a market rout the previous session. Investors hate uncertainty, and President Trump’s willingness to use tariffs as a negotiating tool created a brief shock — one that was unwound as soon as a credible path to a deal appeared.

European leaders screamed about “blackmail” and threatened countermeasures, a theatrical response that revealed more about their tone-deafness than America’s resolve. Brussels and several capitals rushed to posture, but their own deployment of troops and interest in Greenland makes their moral high ground laughable; allies who act first and complain later should not expect to dictate terms to the United States.

Make no mistake: the tariffs were a legitimate instrument of statecraft to ensure American security in the Arctic and to protect access to critical minerals and strategic positions. NATO movements and multinational exercises in Greenland made clear the region’s importance, and the U.S. has every right to insist on a deal that prioritizes American interests and working families who rely on a strong, sovereign America.

This outcome is a win for America-first policy — not because it was pretty diplomacy, but because it worked. The president showed he will use economic tools boldly, then negotiate when it produces results; conservatives should applaud toughness that preserves options and protects national security. Markets breathed easier, but the American people should stay vigilant: a “framework” is not a finished treaty, and patriots must demand a final agreement that puts the United States and its workers first.

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