On Wednesday, Eastern Time, Trump announced that he has reached a framework agreement with NATO Secretary General Stoltenberg regarding Greenland, thereby temporarily suspending the plan to impose additional tariffs on European countries that was set to take effect on February 1.

Trump posted on social media that, based on a "very productive meeting" with Stoltenberg, both sides have formed a "future framework agreement" for Greenland and the entire Arctic region. He stated that if this solution is ultimately reached, it will be "highly beneficial" to the United States and all NATO countries.
The specific details of the framework agreement mentioned by Trump remain unclear. The White House has not responded to media requests for more information. However, the market quickly reacted to the possibility of easing US-EU trade tensions.
Following reports of the framework agreement, US stocks surged at midday, with the three major indices hitting new daily highs and increasing their gains to over 1%. Silver prices plunged during the session. NYMEX silver futures hit a daily low of $90.15 per ounce, down more than 4.7% for the day, while spot silver also hit a daily low, falling below $90.40, with a decline of about 4.5% for the day. Gold futures and spot gold, which had previously risen over 2%, briefly turned lower.
Cryptocurrency markets experienced a V-shaped reversal during the session. Bitcoin briefly rose back above $90,300, approaching its daily high, up over 3% from the daily low. Ethereum surged past $3,060 to hit a daily high, rebounding nearly 7% from the low of below $2,870 set during Wednesday’s midday US stock market. #Gate广场创作者新春激励