Key Metrics
11.55
Heat Index-
Impact LevelMedium
-
Scope LevelNational
-
Last Update2026-01-21
Key Impacts
Positive Impacts (8)
Negative Impacts (6)
Event Overview
The announcement of a future agreement on Greenland and the suspension of planned tariffs by the U.S. President has led to positive market reactions. The decision signals a reduction in trade tensions and geopolitical uncertainties, impacting various financial markets including stocks, precious metals, and cryptocurrencies.
Collect Records
Trump Announces Framework for Greenland Agreement and Halts Tariffs
On January 21, U.S. President Trump announced that a framework for a future agreement on Greenland had been established. Additionally, he stated that the tariffs scheduled to take effect on February 1 would not be imposed. Following this news, the U.S. stock market surged, and there were significant movements in the prices of gold, silver, and cryptocurrencies like Bitcoin and Ethereum.