Image source, EPA

Amid a tumultuous day of news, California Governor Gavin Newsom says the Trump administration blocked him from entering the official US pavilion at Davos where he had been scheduled to speak.

Newsom - who is thought to be a top contender for the 2028 Democratic nomination - was invited to speak at an event hosted by Fortune, the global business magazine.

Newsom's office posted on social media that, external "under pressure from the White House and State Department" he was denied entry to the official US pavilion.

“How weak and pathetic do you have to be to be this scared of a fireside chat?”, Newsom added.

Earlier in the day, Trump mentioned Newsom in his Davos speech, saying "I used to get along so great with Gavin when I was president. Gavin is a good guy.”

Newsom later told a CNN reporter that he thought Trump's speech was "remarkably boring. It was remarkably insignificant."

Asked for comment, a White House spokesperson tells the BBC: “No one in Davos knows who third-rate governor Newscum is or why he is frolicking around Switzerland instead of fixing the many problems he created in California.”

Trump's jibes are wearing thin for many of Europe's leaderspublished at 21:32 GMT 21 January

21:32 GMT 21 January

Nick Beake
Europe Correspondent

"Without us, right now you'd all be speaking German," President Donald Trump told his audience at the World Economic Forum in the Swiss Alps on Wednesday.

He may well have forgotten German is the most widely spoken of the four official languages in Switzerland.

Many people – from Brussels to Berlin to Paris – will have found his speech to be insulting, overbearing and inaccurate.

There is undoubtedly huge relief across Europe that the US president ruled out the use of military force to take Greenland at the forum in Davos.

But, even if he keeps his word, the fundamental problem remains that he wants a piece of land the owners say is not for sale.

Trump stepping back from the tariff threat that had galvanised EU countries will take a large degree of tension out of the meeting.

But, they will want to know what exactly Trump and the Nato boss have concocted as a magic solution.

At the start of his one hour and 12 minute meandering address, President Trump boasted that at home "people are very happy with me".

After this latest extraordinary round of Trump democracy, it is a sentiment much harder to find in the Europe the president claims to love so much.

• You can read more of my analysis in this story

A Nato spokesperson tells the BBC's US partner CBS News that the framework agreed with the US "will focus on ensuring Arctic security through the collective efforts of Allies".

They add that negotiations between Denmark, Greenland and the US will "go forward aimed at ensuring that Russia and China never gain a foothold - economically or militarily - in Greenland".

• As a reminder, President Trump has maintained his interest in Greenland is fuelled by the desire to strengthen national and international security

Jonathan Josephs
BBC business reporter

It’s not clear if President Trump’s rowing back on tariffs against EU partners will be enough to save the trade deal the two sides agreed last July.

Earlier today the European Parliament’s international trade committee announced it was suspending its work to ratify the treaty, something we reported yesterday.

The parliament’s blessing is necessary for it to come into force. It reduces lots of tariffs on both sides of the Atlantic.

However the committee’s chair Bernd Lange tells me: “First, we have to look what this so-called solution would mean”.

Only one that becomes clear can they decide on their next move “so this will take some time”, he explains.

Image source, Reuters

European foreign ministers have welcomed the news that Trump has ditched tariffs he had threatened for those allied countries supporting Denmark and Greenland.

Swedish foreign minister Maria Malmer Stenergard said in a post on X: "The demands about moving borders has received well-earned criticism.

"That is also why we have repeated that we will not be blackmailed. It appears that our work together with allies has had an impact."

Image source, EPA

As he walked out from his interview with CNBC, President Trump made a few more comments on the "concept of a deal" he says he's reached with Nato on Greenland.

He says talks are still in progress but "pretty far along", saying the deal "gets us everything we needed to get" - especially in terms of "national security and international security".

Trump reiterates it would be a "forever deal" but doesn't clarify whether ownership was part of the discussions.

"It's the ultimate long-term deal," he says. "And I think it puts everybody in a really good position, especially as it pertains to security and minerals and everything else."

What we do know and what we don't knowpublished at 20:48 GMT 21 January

20:48 GMT 21 January

Gary O'Donoghue
Chief North America correspondent

This announcement from Trump is bewildering given the last 24 hours.

We've gone from the brink of a potential military invasion to that being taken off the table, but not the tariffs... to now the tariffs being taken off the table and the "framework" of a future deal.

Some things are unclear - on what authority this deal is based and whether the Danish government are signed up to this. We don't have any kind of deal on paper.

On the face of it, people will say Trump has climbed down. He won't see it that way.

Trump says on Truth Social that there will be additional discussions on the Golden Dome - which Trump proposes will protect the US and Canada.

But this was never opposed by the Danish government who pretty much gave Trump a carte blanche to do what he wanted militarily.

The whole point for them was sovereignty and sovereignty is not mentioned anywhere in this post. We'll have to see how concrete this is over the coming hours and days.

Image source, Reuters

The Danish foreign minister Lars Lokke Rasmussen has welcomed Trump's announcement, saying the day has ended better than it started.

In an interview with Danish national broadcaster DR, he reiterates that what is important for Denmark is to end this in a way that respects the Greenlandic people.

"It's not going to happen that the US will own Greenland. That's a red line," he adds.

He says Trump's promise that he won't use force is a good thing but that it is clear the president has ambitions Denmark cannot accommodate.

Two weeks of escalating rhetoric may all be overpublished at 20:32 GMT 21 January

20:32 GMT 21 January

Paul Adams
Diplomatic correspondent

What on earth has the last fortnight been all about?

In the wake of a successful military operation in Venezuela, a buoyed-up Donald Trump started to ratchet up the rhetoric on Greenland.

Day after day, the world was treated to claims of ownership, threats of military action and tariffs against traditional allies in Europe.

Now, in an apparent puff of smoke, it may all have gone.

Mark Rutte, arguably the Trump whisperer-in-chief, seems to have talked the president down from his dangerously high hobby horse.

The ground may have been laid last week during a visit to Washington by the foreign ministers of Denmark and Greenland. The visit concluded with agreement on a “working group” to discuss Greenland’s future.

But the Nato Secretary General appears to have finessed an issue that had threatened to shatter the North Atlantic alliance.

We don’t yet know the details of the deal, but many will wonder why it needed a frenetic two-week crisis to get here.

Denmark had long said that it was only too happy to see an increased American military presence on Greenland.

If Nato has now pledged to up its presence on and around the island, then that will go some way towards reassuring Donald Trump that the alliance is finally paying proper attention to Greenland.

But what a way to get there.

US President Donald Trump has just been speaking with CNBC - minutes after dropping his threat to impose tariffs on his Nato allies over Greenland.

Trump tells the broadcaster there's now "the concept of a deal" on the table. Asked to elaborate on what this would entail, he says it's "a little bit complex but we'll explain down the line".

He says the tentative agreement is the "the kind of deal I wanted to make".

Trump says he believes Nato Secretary General Mark Rutte, with whom he had been speaking before his bombshell announcement, has been in touch with Denmark and other members of the alliance to discuss the proposal. He adds that "the deal will be forever".

The president doesn't expand on whether rare earth minerals will be included in any deal on Greenland - but says collaboration with Nato and Denmark will be part of it.

A second bombshell from Trump - and music to Europe's earspublished at 20:11 GMT 21 January

20:11 GMT 21 January

Nick Beake
Europe Correspondent

Image source, AFP via Getty Images

This is the second bombshell of the day that’s music to Europe’s ears.

Earlier, President Trump had ruled out taking Greenland by force.

Now, he's dropped his latest tariff threat against the eight European countries he had deemed to be most guilty of thwarting his Arctic ambitions.

We don’t know what this “framework of a deal” he’s worked up with Mark Rutte looks like.

And it’s hard to see how a such a quick fix has magically fulfilled Trump’s express desire to possess Greenland outright.

On Thursday, EU leaders are to meet in Brussels for what was convened as an emergency summit.

Over the past 72 hours top European politicians have consciously chosen to use their toughest language yet in response to US policy, in some cases lumping the Americans in the same category as the Russians when they spoke of trampling over international law and ignoring the sovereignty of nations.

Trump stepping back from the tariff threat will take a large degree of tension and drama out of the meeting.

But they will want to know what exactly Trump and the Nato boss have concocted as this magic solution to a problem what was threatening to strain - if not tear apart - the transatlantic alliance.

US markets have been reacting all day to Trump's comments from Davos.

After Trump's post about reaching a framework for a Greenland deal and the announcement that he will not impose additional tariffs on European allies, all major US indices have shot up.

The S&P 500 is up 1.52%, the Dow Jones by 1.5% and the Nasdaq is up by 1.7%.

Relief for Europe, but Trump's tariff walk-back leaves more questions than answerspublished at 19:48 GMT 21 January

19:48 GMT 21 January

Daniel Bush
Washington Correspondent

President Trump's announcement just now of a "framework for a future deal" for Greenland may offer some relief for the US's European allies. Still, the news poses more questions than it provides answers, leaving allies guessing about what exactly the US role might have in the island territory going forward.

In his social media post announcing a potential agreement with Nato Secretary General Mark Rutte, Trump says the framework deal would be "a great one for the United States of America, and all Nato Nations". It does not include specific details, however.

And in the post, Trump makes no mention of US ownership of the island, which is controlled by Denmark. Up until now Trump has insisted he wants the US to fully control Greenland, something Denmark opposes.

It remains to be seen what sort of deal Trump and Rutte have made, whether it would require congressional approval, and how the president might claim victory if it falls short of his calls for a formal US takeover.

Trump has said he will not be imposing tariffs that were scheduled to go into effect on 1 February.

In a post on Truth Social he said, based upon a "very productive meeting" with the Secretary General of Nato Mark Rutte they "have formed the framework of a future deal with respect to Greenland".

He said: "This solution, if consummated, will be a great one for the United States of America, and all Nato Nations.

"Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st. Additional discussions are being held concerning The Golden Dome as it pertains to Greenland.

"Further information will be made available as discussions progress. Vice President JD Vance, Secretary of State Marco Rubio, Special Envoy Steve Witkoff, and various others, as needed, will be responsible for the negotiations — They will report directly to me. Thank you for your attention to this matter!"

Image source, Reuters

US President Donald Trump has spoken to Nato Secretary General Mark Rutte, during what he describes as an "amazing trip" to Davos.

Rutte tells Trump he can be assured that if the US is ever under attack "your allies will be with you", adding that under Trump's leadership the Nato "alliance is stronger".

A member of the press asks Trump if it's reassuring to hear Rutte say that Nato will defend the United States if it comes under attack.

Trump says he hopes that this is true and Rutte is a good man who has never lied to him before.

However, Trump adds that when he sees what's happening with Greenland, "I wonder, because I want Greenland for security. I don't want it for anything else".

Trump says he can say one thing about Rutte, and that is "he wants security for all of us" - for Nato and beyond.

Earlier in his remarks, the president said that the problem with Nato is that the US would be there for its allies, "but I'm not sure that they'd be there for us if we gave them the call".

Article 5 of the Nato alliance states that an attack on one member is an attack on all members. It has only been invoked once when the US was attacked on 11 September, 2001.

White House Press Secretary Karoline Leavitt appears to be mopping up after Trump's Davos speech, which has drawn mixed reactions from world leaders and US lawmakers.

"I know they were all very pleased with his speech. I was in the room, John, and it has rave reviews, because the President just tells it like it is," she said on Fox News a few minutes ago.

BBC reporters in attendance say the room struggled to take in the president's message on Greenland. Denmark's foreign minister says he has concerns - and that the country's won't move its "red lines".

Trump also misspoke and confused Greenland for Iceland multiple times in the speech.

Leavitt denied this, responding to a reporter on X by saying, "No he didn’t," and that the president simply referred to Greenland as "a piece of ice".

The smoke has cleared somewhat, but the battle is far from overpublished at 18:59 GMT 21 January

18:59 GMT 21 January

Paul Adams
Diplomatic correspondent

Image source, Reuters

The thought of the United States invading Greenland always felt like some kind of fever dream: not a truly realistic prospect, but once mentioned, not easy for the imagination to dislodge.

And so, the audience in Davos will have been relieved to hear Donald Trump taking military action off the table.

But was it ever really on it?

Sen. Thom Tillis, a Republican from North Carolina, thinks not.

“It was never on the table,” he told our CBS partners, calling the president’s announcement “a false concession.”

Sen. Tillis, an occasional critic of the president, is part of a bipartisan US Congressional Delegation visiting Denmark and Davos this week.

Congress, he said, simply wouldn’t tolerate a military intervention.

“If anyone thinks that the US Congress would have stood for any sort of troops moved to Greenland, I believe we’d have veto-proof majorities within two weeks.”

The prospect of an invasion was the latest in a long line of rhetorical flash-bang grenades thrown by the president into domestic or international debates.

Like their military counterparts, the grenades are designed to disorient and demoralise the president’s opponents (and sometimes his allies too).

In their confusing aftermath, the president charges in and makes his argument, while everyone’s ears are still ringing.

After today, the smoke has cleared somewhat, but the battle is far from over.

We can now bring you some more from Danish Foreign Minister Lars Rasmussen - and his reaction to Trump's speech in Davos.

He said that while it's positive the US president has decided not to use force to take Greenland, he hopes Denmark's "red lines" will be respected in whatever comes next.

"What was quite clear after this speech is that the president's ambition is intact," Rasmussen told reporters.

He said diplomatic talks will continue to happen between the two countries.

"The agreement we made in Washington last week, with his vice president (JD Vance) and his foreign minister (Marco Rubio) that we will start high-level discussions to see if we are able to accommodate the American concerns... in a way that respects our red lines," he said.

But he added: "We are not starting any negotiations based on giving up some basic principles. We will never do that."

Image source, Reuters

The BBC's Economics Editor Faisal Islam was in the audience for Trump's speech at the World Economic Forum in Davos.

Despite the tension, he says the US president received a warm welcome and a standing ovation.

However, it was very interesting to see things turn when Trump mentioned Greenland, says Faisal - you can watch his report in the video below.

Image source, Reuters

Some American political reaction now to Donald Trump's speech at the World Economic Forum.

Leader of the House of Democrats Hakeem Jeffries posted on X: "Donald Trump is overseas embarrassing America on the world stage. Again."

And Democratic Senator Dick Durbin said Trump lacked "humility and truth".

"Our best allies are fed up with his threats and boasts. Our nation will pay a heavy price for one man’s ego," he said.

Image source, EPA

Meanwhile, senior Republican Senator Lindsey Graham expressed his support for the US acquiring the "legal title to Greenland" on X and said this was a "historic" moment.

He said: "To my Nato friends: Don’t let this moment pass. This is a great deal for everyone. We’re on the verge of having President Trump fortify the arctic like no one could have ever imagined."