Trump's Greenland Dream: US Could Pay Billions, Face Strong Opposition
India
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CNBC Awaaz•16-01-2026, 09:22
Trump's Greenland Dream: US Could Pay Billions, Face Strong Opposition
- •Donald Trump's desire to acquire Greenland could cost the US up to $700 billion, with some estimates reaching $2.8 trillion.
- •Greenland's strategic Arctic location is seen by Trump as a protective shield against Russia and China.
- •The island's mineral resources alone are valued at $4.4 trillion, making the actual acquisition cost potentially much higher.
- •Denmark and Greenland strongly oppose any US acquisition, with 85% of Greenlanders against joining the US.
- •Despite opposition, the White House is preparing a proposal, and Trump insists Greenland "will be ours."
Why It Matters: Acquiring Greenland could cost the US trillions and faces strong rejection from Denmark and Greenland.
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