#TrumpCancelsEUTariffThreat
Trump (US President) was angry because some European countries (like Denmark, Germany, France, UK etc.) didn't want to give Greenland to America.
He said: "If you don't agree, I'll put extra taxes (tariffs) on your stuff coming to USA โ starting 10%,maybe more later."
Europe got upset and said no. Markets went down a bit from worry.
Then, Trump talked to NATO boss. They made a basic plan ("framework deal") about Greenland and Arctic area.
So Trump said: "Okay, no tariffs from February 1. We will talk more."
It's like a big argument โ threat โ quick talk โ threat gone. Markets happy now, no extra prices on European goods for now.๐