Editor’s Note: This headline has been updated to correct an errant quotation mark.
President Donald Trump announced he was backing down from his threats to seize control of Greenland from the Danish government.
In a Truth Social post, Trump said, "Based upon a very productive meeting that I have had with the Secretary General of NATO, Mark Rutte, we have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region. This solution, if consummated, will be a great one for the United States of America, and all NATO Nations."
He continued: "Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st. Additional discussions are being held concerning The Golden Dome as it pertains to Greenland. Further information will be made available as discussions progress."
He then passed off "negotiations" to others in his Cabinet.
After increased tensions led U.S. financial markets to tumble, Trump on Wednesday de-escalated his threats against the Arctic island, announcing at the World Economic Forum that he would not take Greenland by force.