Recommended VideosThis entire situation began with President Trump’s demands that the U.S. take over the self-ruling Danish territory of Greenland. Rasmussen referred to the tariff threats as a “huge derailment,” but noted that the parties are now “back on track.” President Trump eventually walked back the trade war threat after speaking with NATO Secretary-General Mark Rutte. Rasmussen credits President Trump’s climbdown from launching a trade war directly to “a very strong European signal of solidarity” over Greenland. During that meeting, they agreed to establish a “working group” specifically designed to discuss Greenland and broader Arctic security issues. The Danish minister was pleased with the result of the first meeting of this new working group.