President Donald Trump appeared to back off his maximalist demand at Davos that the U.S. take ownership of Greenland, moving instead toward a deal.

Trump's seeking "immediate negotiations" to discuss the Danish territory.

Trump has repeatedly argued that the U.S. needs Greenland for national security. This week, he seemed to confuse it with Iceland.

Elon Musk takes a swipe at Donald Trump’s “Board of Peace” by making a Greenland reference. Musk made his first appearance at the World Economic Forum in Davos. However, he couldn’t resist taking a dig at his former ally and charmed everyone with his quick wit and unabashed sense of humor.

President Donald Trump’s Wednesday speech at the World Economic Forum in Switzerland was filled with inaccurate claims – notably including false and misleading statements about NATO and Greenland, the self-governing Danish territory he is pushing for the US to acquire.

"They're not there for us on Iceland, that I can tell you," the president said in a remark that appeared to be about Greenland.

Trump said "Iceland" when he appeared to mean "Greenland" four times in his speech. Leavitt later denied he mixed the names up.

The reaction among America's allies was summed up by the speech of Canadian Prime Minister Mark Carney, who said "the middle powers must act together because if we're not at the table, we're on the menu.

President Donald Trump's retreat from threats of force as an option for acquiring Greenland capped weeks of policy chaos, as top aides scrambled both to accommodate the president's demands and ease the panic they caused among U.