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Bloomberg News Now

'Infinite' Greenland Deal, Putin's Frozen Asset Offer, More

22 Jan 2026

Transcription

Chapter 1: What is the main topic discussed in this episode?

0.537 - 4.201 Lizzie Burden

News when you want it with Bloomberg News Now. I'm Lizzie Burden.

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4.401 - 5.683 Stephen Carroll

And I'm Stephen Carroll.

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5.703 - 19.678 Lizzie Burden

US President Donald Trump says he won't impose extra tariffs on goods from European countries opposed to the efforts to acquire Greenland. In a social media post, Trump cited the framework of a future deal reached with NATO as the reason for the change.

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Chapter 2: What deal did President Trump propose regarding Greenland?

20.119 - 30.51 Lizzie Burden

It followed a meeting with NATO Secretary General Mark Rutter at the World Economic Forum in Davos. Speaking to reporters in the conference centre shortly afterwards, the US President offered further insight into the deal.

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31.013 - 44.053 Donald Trump

It's a deal that people jumped at. Really fantastic for the USA. Gets everything we wanted, including especially real national security and international security.

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44.073 - 44.975 Lizzie Burden

How so? Can you give us some details, please?

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44.995 - 55.672 Donald Trump

Well, the deal is going to be put out pretty soon. We'll see. It's right now a little bit in progress, but pretty far along. It gets us everything we needed to get.

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56.333 - 59.097 Lizzie Burden

Does it still include the United States having ownership of Greenland like you said you wanted?

62.182 - 84.358 Donald Trump

It's a long-term deal. It's the ultimate long-term deal. I think it puts everybody in a really good position, especially as it pertains to security and minerals and other things. What happens is people are out there and they're working it right now. They're working the details of the deal, but it's what's called an infinite deal.

85.385 - 100.761 Lizzie Burden

Despite Trump's optimism, the US president did not give any details on what the agreement entails. The New York Times reports that discussions included a compromise in which Denmark would give the US sovereignty over small pockets of land on Greenland for the construction of military bases.

101.23 - 120.387 Stephen Carroll

The apparent breakthrough came after Denmark had ruled out negotiations over ceding the semi-autonomous island to the US. Speaking to Fox News, NATO Secretary General Mark Rutte said the talks focused on how to implement Trump's vision while also protecting Greenland. He was asked whether Greenland is still under the control of Denmark under this framework deal.

120.569 - 138.46 Mark Rutte

That issue did not come up anymore in my conversations tonight, Mr. President. We very much focused on what do we need to do to make sure that that huge Arctic region, where change is taking place at the moment, where the Chinese and Russians are more and more active, how we can protect it. That was really the focus of our discussions.

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