Trump Unveils ‘Board of Peace’ at Davos Summit
On Day 2 of the World Economic Forum in Davos, US President Donald Trump unveiled the ‘Board of Peace’, a new international body aimed at resolving global conflicts. Several world leaders joined Trump on stage for the ceremony and signed the charter, marking a high-profile diplomatic moment. Trump said the initiative would focus on reducing global tensions and promoting negotiated settlements. Later in the day, he is expected to meet Ukrainian President Volodymyr Zelensky to discuss prospects for a ceasefire in Ukraine.
US Drops Tariff Threats Linked to Greenland
Meanwhile, Trump announced a major policy shift by withdrawing tariff threats against eight European countries, including Denmark. Earlier, he had proposed tariffs of up to 25 per cent to pressure allies over US influence in Greenland. However, after talks with NATO Secretary-General Mark Rutte in Davos, Trump confirmed a “framework of a future deal” focused on Arctic security. As a result, the tariffs, which were set to take effect on February 1, were dropped.
What Is the Greenland ‘Framework’?
Trump described his meeting with NATO’s chief as “very productive,” saying it laid the groundwork for cooperation on Arctic security. NATO echoed this view, stating that any framework would focus on maintaining stability in the region. However, Rutte clarified that Greenland’s status as part of Denmark did not arise during the discussions. Trump has repeatedly argued that US control over Greenland is vital to counter potential moves by Russia and China in the mineral-rich Arctic, where the US already operates an airbase.
Relief in Denmark, EU Freezes Trade Deal
Trump’s earlier remarks had triggered one of the most serious transatlantic tensions in decades, raising fears of strain within NATO. Therefore, his softer tone brought relief in Denmark. Foreign Minister Lars Lokke Rasmussen called the pause in trade hostilities a positive step. However, the fallout continues in Brussels. The European Parliament has frozen progress on an EU-US trade agreement, delaying a key ratification vote. Lawmakers cited concerns over threats to EU sovereignty and the use of tariffs as political pressure. As diplomacy unfolds in Davos, Trump’s moves signal both de-escalation in Europe and renewed ambition on the global stage.
