Editor's PiCK
Trump: "Tariffs set for Feb. 1 will be scrapped…framework for an agreement on Greenland in place"
JH Kim
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Summary
- U.S. President Donald Trump said he would scrap the tariff plan that had been set to take effect on Feb. 1.
- After meeting with Mark Rutte, Trump said he had established a framework for a future agreement regarding Greenland, and that he would not impose the tariffs.
- Tariff measures targeting European countries that Trump had hinted at in connection with the Greenland issue are expected to be put on hold for the time being following his remarks.
U.S. President Donald Trump said he would scrap the tariff plan that had been set to take effect on Feb. 1.
According to Walter Bloomberg, a breaking-economy news account, Trump said after meeting with NATO Secretary General Mark Rutte that he had "established a framework for a future agreement regarding Greenland," adding that "accordingly, we will not impose the tariffs that had been scheduled for Feb. 1."
Trump had previously hinted at the possibility of imposing tariffs on European countries in connection with the Greenland issue, but his latest remarks suggest the tariff measures will be put on hold for the time being.
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