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President Trump has officially withdrawn his proposed tariff threats against several European Union and NATO countries, stepping back from plans to impose import duties tied to the Greenland dispute. The move follows diplomatic engagement at the World Economic Forum in Davos, where Trump and NATO Secretary-General Mark Rutte agreed on a framework to address Arctic security concerns, easing immediate trade tensions. This decision has been welcomed by global markets and signals a temporary de-escalation in transatlantic economic friction. European leaders continue to emphasize the importance of sovereignty and cooperative dialogue as the basis for future U.S.–EU relations. �
AP News +1
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