Pushback From Markets, Europe: T.A.C.O.

 

It appears that a combination of European threats to retaliate forcefully for the unhinged Malignant Fascist's tariff threats against them to force capitulation on Greenland, plus U.S. markets nosediving over it, has created an excuse for the MF to bail out, another "Trump Always Chickens Out" moment. At Davos, the MF, along with unctuous NATO General Secretary Mark Rutte, announced a vague "framework" regarding the future of Denmark's Greenland that the MF said would allow him to withdraw the proposed retaliatory tariffs (ed.: when is the supine and corrupt Supreme Court going to act on whether he has the tariff authority?). From CNBC:

"President Donald Trump on Wednesday said he and NATO Secretary General Mark Rutte have 'formed the framework of a future deal with respect to Greenland.'

Trump said that as a result of that negotiation, he would no longer impose punitive tariffs on a slew of European countries that were set to begin Feb. 1.

In an interview with CNBC’s Joe Kernen minutes after posting the statement, Trump described the Greenland framework as the 'concept of a deal.'

Asked for more details about the proposal, Trump said, 'It’s a little bit complex, but we’ll explain it down the line.'

But he suggested that the framework involves mineral rights for the U.S., as well as the Trump administration’s proposed 'Golden Dome' missile defense system." (our emphasis)

Some glaring points: the "concept of a deal" sounds like the MF's promise during the 2024 campaign that he had the "concept of a plan" on health insurance; that "plan" is nothing more than a series of half-baked ideas to give citizens some money to buy their own plans -- no protection for preexisting conditions, etc. Another point is that this "framework" involves mineral rights for the U.S., not a matter that NATO is involved with, and exposes the true reason for the MF's interest. Finally, who the eff is Mark Rutte to be negotiating on behalf of Denmark, and the European Union on a diplomatic matter? Is the Danish government on board? The UK and France? (Remember that in an Oval Office meeting last year, Rutte gave the MF a tongue bath and referred to him as "daddy.") Some Europeans are skeptical, too:

"Some European leaders cautioned against celebrating prematurely.

'It’s good that they are engaged in dialogue,' Germany’s Finance Minister Lars ⁠Klingbeil told his country’s ZDF television after Trump’s meeting with Rutte.

'But we have to wait a bit and not get our ‍hopes up too soon,' Klingbeil said."

Don't be shocked if this is more of the MF's puffery, aided by the smarmy Rutte, to save face for backing down from his tariff threats in the face of a united Europe.