UPDATE: Pres. Trump Threatens 10% Tariff on Select Countries Beginning Feb 1

Posted on Jan 23

By: Brian Walczyk, Compliance Manager, TradeInsights, LCB, CCS

On January 21, 2026, President Trump issued an update through a Truth Social posting that the threat of additional tariffs over the U.S. acquisition of Greenland has been removed.

This comes on the heels of President Trump meeting with the Secretary General of NATO, Mark Rutte, where they “have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region.”

V. Alexander is continuing to monitor the situation and will issue updates as needed.

Please contact your V. Alexander account team, or you may also contact our Trade Compliance team at tradeinsights@valexander.com with any questions, and you can always follow us on our website www.valexander.com for updates on this and other topics.