QUICK TAKE: Major tariff U-turn for Trump

After productive talks with NATO, the threat of tariffs on European countries who opposed Donald Trump's plan to purchase Greenland is being dropped by the US president.It followed Donald Trump entering the lion's den in Davos, Switzerland. In a keynote speech he berated NATO and the institutions that have supported Western democracy for decades.After this landmark speech - and enormous climbdown - what does this mean for the future of Greenland, and for NATO at large?This Quick Take was recorded at 3pm ET, 8pm GMT. Find out more about the mood at Davos on The World with Yaldka Hakim and Richard Engel. Their latest episode is hereYou can watch all episodes on our YouTube channel.Email us on [email protected] with your comments and questions.