Tariffs to be withdrawn
Summary
- U.S. President Donald Trump said he would withdraw the tariff plan that had been slated to take effect on February 1.
- Trump said he had formed a framework for a future agreement regarding Greenland and that, accordingly, he would not impose the tariffs scheduled for February 1.
- Trump had previously signaled the possibility of imposing tariffs on European countries in connection with the Greenland issue, but said his latest remarks suggest the tariff measures will be put on hold for the time being.
U.S. President Donald Trump said he would withdraw the tariff plan that had been slated to take effect on February 1.
According to Walter Bloomberg, a breaking-news economics account, on the 21st (local time), President Trump said after meeting NATO Secretary General Mark Rutte that he had "formed a framework for a future agreement" regarding Greenland, adding that "accordingly, we will not impose the tariffs that had been scheduled for February 1."
Trump had previously signaled the possibility of imposing tariffs on European countries in connection with the Greenland issue, but his latest remarks suggest the measures will be put on hold for the time being.
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