Nato chief Mark Rutte says there is ‘a lot of work to be done’, as some Danish MPs voice concern at Greenland apparently being sidelined in US president’s talks

Donald Trump’s announcement of a “framework of a future deal” that would settle the issue of Greenland after weeks of escalating threats has been met with profound scepticism from people in the Arctic territory, even as financial markets rebounded and European leaders welcomed a reprieve from further tariffs.

Just hours after the president used his speech at the World Economic Forum to insist he wanted Greenland, “including right, title and ownership,” but backed away from his more bellicose threats of military intervention – Trump took to social media to announce “the framework of a future deal with respect to Greenland” and withdrew the threat of tariffs against eight European countries. He later called it “a concept of a deal” when he spoke to business network CNBC soon after Wall Street closed.