President Trump stated that the Greenland agreement framework aligns with all of America’s goals and described it as a deal that satisfies all parties. He further revealed that the Greenland framework agreement covers issues related to mineral resource rights and the “Golden Dome” defense system.
Greenland has become a prominent topic at the World Economic Forum held in Davos, and President Trump’s every move easily makes headlines in major media outlets.
On Wednesday afternoon (January 21st) Eastern Time, the President disclosed during a CNBC interview in Davos, Switzerland that the Greenland agreement framework recently reached with NATO Secretary-General Mark Rutte meets all of America’s objectives and is considered a satisfying deal for all parties involved.
“We already have the framework of an agreement. I think it’ll be a very good deal for the United States and for them as well. We will work together to address matters related to the entire Arctic region and Greenland, including security and other aspects,” Trump said.
Following the meeting with Rutte, Trump posted a message on the social media platform “Truth Social”, stating that a consensus framework for Greenland has been reached between both sides.
He also mentioned that based on this consensus, he will not implement the new tariffs scheduled to come into effect on February 1.
Trump told CNBC that the United States and its European allies will cooperate on the “Golden Dome” defense system and mineral resource rights issues in Greenland based on the framework agreement reached with Rutte.
“They will participate in the ‘Golden Dome’ project, they will participate in mineral resource rights issues, and we will participate as well,” Trump said.
When asked how long the agreement would last, the President replied, “Forever.”
Trump told CNBC that this agreement will be permanent and indicated that “I assume” Denmark has already weighed potential agreements concerning Greenland.
Trump stated that Iran must stop developing nuclear weapons and warned that if Iran does not cease such efforts, the US may take action again in the future.
“They must stop developing nuclear weapons,” Trump said.
Trump also mentioned that following his warning to Iran last week regarding possible military action, Iran has stopped killing protesters.
“They were planning to hang 837 people on Thursday,” he said, “I told them, ‘You can’t do that.'”
“We hope there will be no further actions,” Trump said. “They previously indiscriminately killed innocent people on the streets.”
Trump stated that the choice for Federal Reserve Chairman is almost finalized.
“I can say, now there are only three candidates left, actually only two. And I might, I can tell you, in my view, ultimately there may only be one left,” the President said. However, he refused to disclose the specific candidate.
Previously, potential candidates widely considered by the public included former Federal Reserve Governor Kevin Warsh, current Federal Reserve Governor Christopher Waller, National Economic Council Chairman Kevin Hassett, and BlackRock’s Head of Fixed Income Rick Rieder. Recently, Trump indicated a preference to keep Hassett at the National Economic Council, which likely means Hassett is out of the running.
Trump mentioned that he doesn’t mind whether current Federal Reserve Chairman Jerome Powell continues as a Federal Reserve Governor after his term as Chairman ends in May.
Powell can still serve the remaining two years of his Federal Reserve Board term, which means even if he is replaced, he would still have a say in monetary policy and interest rates.
“We can only accept the arrangements of fate,” the President said, “If Powell does stay, I don’t think his life will be very happy. I think he wants to leave. He’s not doing a good job.”