GEOFF BENNETT: Welcome to the "News Hour."

President Trump is back at the White House# tonight.

He returned to Washin.. a whirlwind trip to Davos for the World Economic# Forum, where he seems to have defused a crisis## he first created by insisting the U.S.

acquire# Greenland, a self-governing territory of Denmark.

Leaders across Europe roundly# criticized and rejected a U.S.

takeover.

AMNA NAWAZ: Trump also presented his plan for what# he calls the Board of Peace, which he would chair,## in order to establish and oversee the cease-fire# and postwar plans for Gaza.

But, already,## the American president has expanded the proposed# board's purview to conflicts around the world.

MAN: Please welcome the chairman of the Board of## Peace, the president of the United# States of America, Donald J. Trump.

(APPLAUSE) AMNA NAWAZ: In Davos today, President Trump officially introducing# what he calls the Board of.. DONALD TRUMP, President of the United# States: Together, we are in a position## to have an incredible chance,# I don't even call it a chance,## I think it's going to happen,# to end decades of suffering,## stop generations of hatred and bloodshed, and# forge a beautiful, everlasting and glorious peace.

AMNA NAWAZ: So far, some 35 nations have# signed on, many attending today's ceremony,## from Argentina and Bulgaria to Qatar# and Saudi Arabia to Turkey and Mongolia.

Some, including Canada, Germany and Israel,# have joined, but were absent today, and others,## like France and Britain, have rejected# the invitation.

The rollout of the board,## born of a peace plan for postwar# Gaza, was accompanied by this.

MAN: Thank you, ladies and gentlemen.

(APPLAUSE) AMNA NAWAZ: A pledge by the American president to# rebuild Gaza into a sprawling seaside metrop.. DONALD TRUMP: See, I'm a real estate person at# heart, and it's all about location.

And I said,## look at this location on the sea.

Look# at this beautiful piece of property,## what it could be for so many people.

Special envoy Steve Witkoff and# Trump's son-in-law, Jared Kushner,## presented the vision, a $25 billion# proposal for gleaming skyscrapers,## 100,000 housing units, 75 medical centers,# and an expected GDP of $10 billion by 2035.

JARED KUSHNER, Former Senior Presidential# Adviser: I think that the war's over.

Let's## do our best to try working together.

Our goal# here is peace between Israel and the Pa.. people.

Everyone wants to live peacefully.# Everyone wants to live with dignity.

Let's## put our efforts towards promoting those# who are doing the work to build this up.

AMNA NAWAZ: But there are no representatives# from Gaza on the board overseeing its future.

And on the ground, Olfat Al Shawaf,## still displaced from her home,# is skeptical of the plans.

OLFAT AL SHAWAF, Displaced Palestinian# (through translator): Honestly,## I don't expect not e.. reconstruction?

What reconstruction?

Let them# remove the rubble first, then start rebuilding.

AMNA NAWAZ: Trump has already expanded the board's# scope beyond Gaza to other conflicts around the## world, raising concerns about how the group he# chairs works with or around the United Nations.

DONALD TRUMP: Once this board is completely# formed, we can do pretty much whatever we want## to do, and we will do it in conjunction# with the United Nations.

You know,## I have always said the United Nations has# got tremendous potential, has not used it.

AMNA NAWAZ: Meanwhile, in Brussels, an# emergency summit for European leaders## to discuss Greenland's future a# day after President Trump walked## back military threats of a U.S.

takeover# and proclaimed a deal was in the works.

Before the meeting, Denmark's prime# minister reiterated her nation's red## line that the island, home to# 55,000 people, is not for sale.

METTE FREDERIKSEN, Prime Minister of Denmark:# We have said from the very beginning that a## discussion about our status as a sovereign state,# it cannot be discussed, it cannot be changed.

We## are willing to work together with the U.S., of# course, as we have always done, about security.

AMNA NAWAZ: Greenland strategically sits# in the middle of the shortest route for## land-based missiles and bombers between the# U.S.

and Russia.

And experts worry that,## as the ice melts, sea lanes open up,# including to Russian and Chinese ships.

Despite no official details for a deal yet,# Trump declared the U.S.

would have total access.

DONALD TRUMP: We're going to have all# military access that we want.

We're## going to be able to put what we need on Greenland,## because we want it.

We're talking about# national security and international security.

AMNA NAWAZ: And our foreign affairs correspondent,## Nick Schifrin, has been covering# this all and joins me now.

And, Nick, let's start with what# the president said about Greenland.## Total military access, what does that mean?

NICK SCHIFRIN: Multiple European officials tell me# tonight there is no agreement for what that means,## but there is a framework.

So that would# include more U.S.

bases on Greenland.

It## would include guaranteed American mineral# rights for mining on Greenland.

It would## be increased NATO presence, not only# around Greenland but across the Arctic.

And Chinese and Russian military and investments# would be specifically excluded.

There will be## two tracks moving forward, Amna.

The U.S.

will# negotiate directly with Denmark and Greenland over## the fate of the island itself.

Could that end up# with American sovereignty over bases in Greenland?

Despite what you have just heard from the prime# minister, one senior European official actually## tells me it's too early to tell the answer to that# question.

Secondly, NATO will increase its Arctic## presence with the goal of having actual plans# for that increased presence by a summit in July.

So this is just the beginning of the process.# But nothing we just talked about was what the## president has been demanding, which is# ownership over Greenland.

So, clearly,## he decided to take an off-ramp.

And to extend# the metaphor, European officials are asking me## whether there is like a 17-car pile-up in# the rearview mirror that he left behind.

What is the lasting impact of all of# this Greenland talk on the transatlantic## alliance?

European officials I talked to are split# between saying this is a real rupture and saying,## no, we have no choice.

We will# continue to rely on the U.S.

AMNA NAWAZ: So for those# who think it is a rupture,## why is that?

Why has this moment been so harmful?

NICK SCHIFRIN: I think there's a# psychological sensitivity to the## president flying to Europe to disparage Europe.

Yesterday in Davos, he said# of NATO -- quote -- "We have## helped them for so many years.# We have never gotten anything."

And that offends Denmark especially.# More Danish troops died in Afghanistan## per capita than U.S.

troops died# in Afghanistan.

And then there's## the reality of the relationship.

European# officials told me they are relieved that## the president has taken off the table# the military, the economic threats.

But multiple officials also# said to me they don't know## if that will be the president's policy tomorrow.

AMNA NAWAZ: Nick Schifrin, thank you, as always.

NICK SCHIFRIN: Thank you.