Greenland Price Tag Estimated at USD500-700B
President Donald Trump has escalated his campaign to absorb Greenland—a self-governing Danish territory—into American control, declaring his determination to accomplish this objective "one way or another," including through military means.
Wednesday brought fresh justification from the president, who linked Greenland to his envisioned Golden Dome missile defense initiative. In a Truth Social post, he warned of potential threats from Russia and China targeting the Arctic island while ridiculing Denmark's defensive capabilities with the statement: "Two dogsleds won't do it!"
Media reporting indicates Trump has directed Secretary of State Marco Rubio to develop a formal purchase proposal for Greenland. Analysts working on acquisition blueprints place the financial requirement between $500 billion and $700 billion—exceeding half the Department of War's yearly expenditure.
Government insiders suggest Washington will most likely attempt either an outright purchase or negotiate alternative arrangements, potentially including a compact of free association that exchanges American economic support for expanded military positioning. Nevertheless, certain officials caution that forcible acquisition hasn't been ruled out.
Leadership in Denmark and Greenland has consistently maintained the territory's unavailability for purchase while denouncing Trump's statements as direct assaults on Danish sovereignty.
Danish Foreign Minister Lars Lokke Rasmussen and Greenland Foreign Minister Vivian Motzfeldt traveled to Washington Wednesday seeking clarification on Trump's objectives. Following discussions with Rubio and Vice President J.D. Vance, Rasmussen characterized the conversations as "constructive," though he conceded the fundamental disagreement persists, noting "it's clear that Trump has this wish of conquering Greenland."
Both Rasmussen and Motzfeldt emphasized their firm rejection of any sovereignty alterations but consented to establishing a "high-level working group" with America to "explore if we can find a common way forward." The delegation plans to convene within weeks.
Greenlandic public opinion strongly opposes American annexation. A Berlingske survey from last year documented 85% opposition. American sentiment mirrors this resistance—an Economist-YouGov poll released this week revealed over two-thirds of Americans reject Greenland's acquisition.
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