President Donald Trump on Wednesday said he and NATO Secretary-General Mark Rutte have “formed the framework of a future deal with respect to Greenland” and as a result he will not be imposing the tariffs he threatened on European nations who didn’t agree to his takeover efforts.

“Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st,” Trump wrote in a social media post.

Trump did not provide any further details on the “framework” for Greenland.

This is a developing story. Please check back for updates.