Trump Drops Tariff Threat, New Immigration Crackdown, Clintons in Contempt and more

CNN 5 Things

CNN

News, Daily News

4.3 • 1.2K Ratings

🗓️ 21 January 2026

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

We start with President Donald Trump’s new framework deal for Greenland. A top bank executive raised an alarm over one of Trump’s economic policies. Federal immigration authorities are launching a new operation. Lawmakers are one step closer to holding the Clintons in contempt. Plus, the Supreme Court is skeptical about Trump’s authority over firing a Federal Reserve official. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hey, from CNN. I'm Afalmediki, with the five things you need to know for Wednesday, January 21st.
0:08.2	President Donald Trump says he'll no longer be imposing new tariffs that had been scheduled to take effect February 1st on European nations that opposed his ambitions to control Greenland.
0:17.8	That's after Trump says he and NATO Secretary General reached a framework deal on the sidelines
0:22.1	of the World Economic Forum in Davos, Switzerland, that would satisfy his demands for the Arctic
0:26.9	island. However, he stopped short of saying his new framework deal for Greenland would include
0:31.9	the U.S. owning the semi-autonomous Danish territory when asked by CNN's Caitlin Collins.
0:37.2	It's a long-term deal.
0:39.3	It's the ultimate long-term deal.
0:42.3	And I think it puts everybody in a really good position,
0:45.3	especially as it pertains to security and minerals and everything else.
0:49.3	How long would the deal be, Mr. President?
0:52.3	Infinite. Trump also said he could envision paying a sum of money for Greenland while calling Denmark,
0:59.0	quote, ungrateful for refusing to relinquish it.
1:02.0	Meanwhile, U.S. stocks jumped, with the Dow up more than 580 points.
1:07.0	More news coming up, including reaction from J.P. Morgan Chase's CEO on one of Trump's policies.
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1:31.4	It would be an economic disaster.
1:34.4	That's J.P. Morgan Chase, CEO Jamie Diamond,
1:37.2	and a question and answer session at the World Economic Forum in Davos today.
1:41.2	He hesitated to criticize Trump with one notable exception.
	...

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