The European Parliament said it is halting work on proposed U.S.-EU trade measures on Wednesday after accusing Washington of undermining the sovereignty of Denmark and Greenland through tariff threats. "Given the continued and escalating threats, including tariff threats, against Greenland and Denmark, and their European allies, we have been left with no alternative but to suspend work on the two Turnberry legislative proposals until the US decides to re-engage on a path of cooperation rather than confronta ...

Republican senators sharply criticized President Donald Trump's new tariffs on Denmark and other European allies, calling the move a harmful escalation that could fracture NATO and bolster adversaries.Tillis Says Tariffs Against Allies ‘Bad For America’On Saturday, Sen. Thom Tillis (R-N.C.) said the tariffs were a "bad" response to allies sending a small number of troops to Greenland for training. "This response to our own allies … is bad for America, bad for American businesses, and bad for America's allie ...

U.S. President Donald Trump gestures as he speaks during a "Great, Historic Investment in Rural Health Roundtable" in the East Room of the White House on Jan. 16, 2026 in Washington, DC.President Donald Trump said Friday he may impose tariffs on countries "if they don't go along with Greenland." "We need Greenland for national security. So I may do that," Trump said at the White House.The comments show Trump, whose push to acquire Greenland for the U.S. has grown increasingly aggressive in recent months, tu ...

Core Viewpoint - The U.S. administration is actively considering options to acquire Greenland, with discussions ongoing among President Trump and his national security team, despite Denmark's firm stance that the territory is not for sale [2][4][3]. Group 1: Acquisition Interest - President Trump has expressed a desire for the U.S. to take over Greenland, citing national security concerns and the presence of Russian and Chinese ships in the region [11]. - The White House has confirmed that the acquisition of Greenland is being discussed, with Secretary of State Marco Rubio planning talks with Danish officials [4][3]. Group 2: Valuation Estimates - Historical context shows that the U.S. previously offered $100 million for Greenland in 1946, which would be approximately $1.7 billion today, but current estimates suggest a much higher valuation [6]. - Analysts estimate Greenland's value could be in the hundreds of billions, with some suggesting figures in the trillions based on its natural resources and strategic location [5][7]. - A study indicates that Greenland's known critical mineral and energy resources are valued at over $4.4 trillion, though this figure drops to $2.7 trillion when excluding oil and natural gas [8]. Group 3: Resource Conversion Rates - Greenland's low population and harsh conditions result in a low resource-to-reserve conversion rate, with only 4.2% of known rare earth reserves being accessible [9][10]. - Applying this conversion rate, the estimated value of Greenland could be as low as $186 billion, which is considered a conservative estimate [10]. Group 4: Strategic Importance - The U.S. military already has a base in Greenland, and securing the island could enhance U.S. presence in the Arctic and access to emerging shipping lanes due to climate change [11][12]. - AAF's study suggests that if Greenland were valued similarly to Iceland, its total value could reach nearly $2.8 trillion [13]. Group 5: Comparative Valuations - Previous analyses have varied widely, with estimates ranging from $1.1 trillion in 2019 to as low as $12.5 billion to $77 billion based on historical acquisitions [14][15].