President Trump said Wednesday that he was calling off tariff threats that he had issued in an effort to secure American ownership of Greenland, saying he had reached a framework agreement with Mark Rutte, the secretary general of NATO, over the future of the icy Danish territory.

The announcement on Mr. Trump’s social media network came hours after he told European leaders in Davos, Switzerland, that he would not settle for anything less than the United States taking ownership of Greenland — while rescinding a threat to invade it. Mr. Trump had promised dire economic and security consequences for Europe if he did not get his way.

Writing on Truth Social, Mr. Trump said Wednesday evening that he and Mr. Rutte had “formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region. This solution, if consummated, will be a great one for the United States of America, and all NATO Nations.”

The president did not immediately give any details of that framework, and notably did not say that the United States would own Greenland, even when asked directly about ownership by a reporter in Davos soon after posting the announcement. Mr. Rutte and the leaders of Denmark did not release details either. NATO did not immediately respond to a request for comment.

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[–] 113 points 9 months ago (33 children)

…for now…

He’ll find someone and something else that make him threat with tariffs in 5…4…3…2…

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  • [–] 65 points 9 months ago (31 children)

    Isn't he pissed at Canada for pointing out he's a fool?

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  • [+] -96 points 9 months ago (30 children)

    He's moreso pissed that Canada's economy is failing and he isn't responsible for it. (Yes the tarrifs hurt Canada's economy too but their economy was already pretty fucked because for decades Canada's economy was building and selling housing and not much else.)

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  • [–] 83 points 9 months ago (24 children)

    Canadian here. Economy still not failing. Find some other bullshit to ragebait with.

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  • [+] 14 points 9 months ago (7 children)
  • [–] 18 points 9 months ago (2 children)

    Canada a really beautiful country with a lot of really nice things going for it, but those nice things will disappear if people don't put up a resistance. Just look at what the con leaders are doing to healthcare, or Dougie's blatant antidemocratic bills around Ontario Place, or even the recent police-led Nazi rally in Toronto. There is still time to turn course but it's going to be too late soon...

    Signed with love from Ontario

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  • [–] 4 points 9 months ago (2 children)

    From my shallow understanding and my observations, I sadly agree that Canada is also succumbing to the oligarchs, like everywhere. It’s painful when so many deny the reality of what is happening globally. We are all on a stove top in different pots being heated at different rates.

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  • [+] -46 points 9 months ago (15 children)

    Go ask a someone under 30 if they can afford a house and get back to me. The RCMP has speculated the next generation may riot when they realize they are poorer than their parents.

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  • [–] 47 points 9 months ago* (2 children)

    Trump is pissed because Canada's record high housing market is too expensive for gen z?

    That is the argument you're making FYI and it's ludicrous on almost every conceivable level.

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  • [–] 20 points 9 months ago (2 children)

    That's not just in Canada, a lot of western nations have housing cost issues. That's just rampant and unchecked capitalism. And not an indicator of a failing economy.

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  • [+] -14 points 9 months ago

    We also have grocery and telecom monopolies, stagnating wages and poor worker investment and production compared to similar nations. Canada is also experiencing a brain drain as skilled people leave for better cost of living & less taxation.

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  • [–] 10 points 9 months ago (1 child)

    Go ask a someone under 30 if they can afford a house and get back to me

    That has nothing to do with Canada or any one particular country, jack ass. That's just late stage capitalism. Billionaire class slowly but surely, generation after generation, increasing the gap and fucking over the little guys. Every generation gets worse, and now, globally, we're living in the age when all of that shit since Reagenomics hit the scene has now started to come home to roost.

    Saying that that is a "Canadian" problem is like saying that climate change is a "Canadian" problem. Yes...technically it is, but it's also a US problem, a UK problem. A French, German and Italian problem. Because the over-arching problem has nothing to do with countries, but with the elites that pay for those governments the world over to do their bidding while fucking the rest of us over.

    Stop being an idiot.

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  • [+] -7 points 9 months ago* (last edited 9 months ago)

    Canada has it significantly worse than many other nations, and the bigger problem is that housing bubble is the backbone of its economy. Other nations have expensive houses but their economies aren't as reliant on keeping those houses expensive as Canada's is.

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  • [–] 6 points 9 months ago (2 children)

    The RCMP has speculated the next generation may riot when they realize they are poorer than their parents.

    Citation?

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  • [–] 5 points 9 months ago (1 child)

    The ability to buy a house isn't the only indicator of an economy. Neither is GDP, or CPI, or any of the other numerous stats if used in isolation. Millennials (and their cusps - xennials and zennials) already accepted that we're poorer than our parents, financially at least, and we didn't riot. We voted differently and continuously push for other things.

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  • [–] -5 points 9 months ago

    Okay but pretty much all the numbers are bad. If it was just housing or just price gouging on grocceries we would be fine but the reality is many factors of the economy are working against young & blue collar Canadians.

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  • [–] 3 points 9 months ago*

    hahahahaha! Oh, my days...

    Alright, calm down everyone! As expected, Canada's economy is absolutely fine. Nothing unusual here. This one's just not realised the things they're experiencing are totally normal everywhere in the world. Canada's actually got it quite good compared to most everywhere else.

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  • [+] 3 points 9 months ago (4 children)
  • [–] 2 points 9 months ago (3 children)

    Part of why Canada is in this situation is refusal to acknowledge it and "kick the can down the road" policies. And it isn't all on the feds, provinces and municipalities share a lot of blame as well. It certainly isn't too late to change but we'd need to make the right choices.

    Opening cities to denser development, transit, and walkability would increase housing supply, reduce transportation costs, and could improve our social spaces. This all could help reduce the rising extremist political division, the type of division where you can't be friends with someone who votes differently and exclussively on that basis.

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