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 allies who didn't agree to his takeover efforts.

"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 Arctic Region," Trump wrote in a social media post.

"This solution, if consummated, will be a great one for the United States of America, and all NATO Nations. Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st," the president added.

His post did not provide further details on the "framework" for Greenland, a semi-autonomous territory of NATO ally Denmark.

Trump continued to be light on specifics during interviews with CNBC and CNN, particularly on whether the U.S. would have ownership of Greenland as he's demanded.

"Well, we have a concept of a deal. I think it's going to be very good deal for the United States, also for them, and we're going to work together on something having to do with the Arctic as a whole, but also Greenland, and it has to do with the security, great security, strong security and other things," Trump said on CNBC.

When pressed on whether U.S. ownership of Greenland was involved, Trump said he "didn't want to say yet" and it was "complex."

On CNN, Trump said the U.S. got "everything we wanted."

"It's the ultimate long-term deal, and I think it puts everybody in a really good position, especially as it pertains to security and minerals and everything else," Trump said.

He also told CNN the deal would be "infinite," saying: "It's a deal that's forever."