In this articleGTECDAVOS, SWITZERLAND - JANUARY 21: Delegates watch as U.S. President Donald Trump speaks onstage at the World Economic Forum (WEF) on January 21, 2026 in Davos, Switzerland. Chip Somodevilla | Getty Images News | Getty ImagesMarkets and some European leaders welcomed the news that U.S. President Donald Trump was standing down from imposing further tariffs on European countries — but others were left bewildered.Trump told CNBC on Wednesday that he had the "concept of a deal" with NATO Secret ...

Follow-Through Rally Builds on Wednesday’s Late-Session ReversalRight now we’re actually looking at a strong follow-through rally that initially began about an hour before yesterday’s close when Trump said he wasn’t going to impose tariffs on several key European allies that were supposed to begin on February 1, who failed to back his intention to obtain Greenland.Trump also wrote on Truth Social that he and NATO Secretary General Mark Rutte have “formed the framework of a future deal with respect to Greenl ...

U.S. President Donald Trump reacts as he leaves the congress centre during the World Economic Forum (WEF) annual meeting in Davos on Jan. 21, 2026. Fabrice Coffrini | AFP | Getty ImagesPresident Donald Trump on Wednesday gave an interview to CNBC's Joe Kernen on the sidelines of the World Economic Forum in Davos, Switzerland. The conversation came hours after Trump addressed foreign leaders and business executives in Davos, and shortly after he made headlines by announcing he had "formed the framework of a ...