New Delhi, Jan. 22 -- US President Donald Trump on Wednesday took a U-turn on his threats to impose tariffs on European nations to pressurize them into giving up Greenland and ruled out the use of force to seize the Arctic island, suggesting instead that a deal was in sight over the dispute.

Shortly after his speech at the World Economic Forum (WEF) in Davos, where he softened his stance and signalled his openness to negotiations, Trump said that he had met NATO Secretary General Mark Rutte and chalked out a "framework for a future deal".

"Based upon a very productive meeting that I have had with the Secretary General of NATO, Mark Rutte, we have formed the framework of a future deal with respect to Greenland and, in fact, the entire Ar...