President Donald Trump has been informed that he may need to allocate £500 billion if he intends to pursue the purchase of Greenland. The financial advice was shared by America’s Arctic commissioner Thomas Dans, who is known to support the President’s interest in Greenland. Despite skepticism, Trump remains committed to the idea of a potential acquisition and is reportedly eager to expedite the process, with possible action within weeks or months.
While the White House is considering this ambitious goal, Greenland officials have expressed disbelief at the notion of the United States discussing taking over a NATO ally. They have urged the Trump administration to heed the voices of the Arctic island’s population. According to three sources familiar with cost estimates, the acquisition could cost as much as $700 billion. A report from NBC News highlights the substantial figure and suggests that the potential purchase may be a tactic to pressure Greenland and Denmark into negotiations.
During a recent statement, Trump expressed his willingness to negotiate a deal with Greenland, emphasizing his determination to secure the territory. He has previously argued that US ownership of Greenland is essential to prevent Russia or China from gaining control of the strategically significant region. The President reiterated these concerns, citing a lack of fear from Russia and China regarding NATO without US involvement.
US Vice President JD Vance and Secretary of State Marco Rubio are scheduled to meet with the foreign ministers of Denmark and Greenland at the White House today to discuss Trump’s interest in acquiring Greenland. Meanwhile, Denmark is reportedly deploying military reinforcements to Greenland in response to escalating threats of a potential takeover. Advance units are being dispatched to the semi-autonomous territory to prepare for the arrival of larger Danish Army forces and other defense branches, focusing on logistical coordination in anticipation of further developments.