The announcement of a framework agreement on Greenland between Donald Trump and NATO yesterday introduced an element of tension into the already strained Atlantic relationship; it deserves to be viewed positively. Details of the still vague agreement are unknown; however, both sides established the basis for an understanding in Davos within the multilateral framework of the alliance, and included the postponement of tariffs.
This move points to a willingness to negotiate in contrast with the confrontational rhetoric Trump has used so far and would represent a step forward. Until now, strengthening the island's security against Russia and China has been limited to sending volunteers from a few countries, such as France and Germany. However, any progress that has been made comes with concern.
Hours earlier, at the same forum, Trump reiterated his intolerable contempt for Europe, articulated in three points: his strategic interest in the Arctic island, his willingness to support an unjust peace for Ukraine and his disregard for NATO. The tone was more moderate, but the substance of the message remains anchored in a transactional view of international relations.
This is a critical time. As King Felipe VI recalled yesterday in Strasbourg on the 40th anniversary of Spain's accession to the EU, "These times remind us, all too often, that strength without principles is barbarism, and that simple principles, without supporting actions, lead to frustration and disillusionment."
Europe must regard the framework of an agreement on Greenland as an opportunity to strengthen its strategic position, rather than as a guarantee of stability. Trump's unpredictable nature calls for caution: The reaction of the markets, with episodes of volatility and a flight to gold, reflects a still fragile confidence in the credibility of his commitment.
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