Jean Luc and Peter Mingils talk about Donald Trump and Greenland during his Davos speech.
In January 2026, the World Economic Forum in Davos, Switzerland, became the stage for one of the most unconventional diplomatic episodes in modern history. President Donald Trump, returning to the global stage during his second term, used his keynote address to reignite his long-standing ambition: the American acquisition of Greenland.
The speech was a masterclass in “Trumpian” diplomacy—a mixture of strategic hardball, historical revisionism, and high-stakes economic leverage.
The Strategic Pitch: “A Very Big Piece of Ice”
Throughout his address, President Trump framed the acquisition not as a colonial expansion, but as a “strategic necessity” for the 21st century. He described Greenland as a “very big piece of ice” that currently serves as a financial burden to Denmark, claiming it costs Copenhagen hundreds of millions of dollars annually to maintain.
His primary argument centered on the “Golden Dome”—his administration’s proposed missile defense system. Trump asserted that full “right, title, and ownership” of Greenland was the only way to effectively defend the Western Hemisphere against the growing Arctic presence of Russia and China. In a line that left many European diplomats stunned, he argued, “You can’t defend it on a lease. You need to own it to protect it.”
Escalation and the “Framework Deal”
The Davos speech followed a period of intense tension. Leading up to the event, the administration had threatened a 10% tariff on several European nations—including the UK, France, and Germany—after they participated in military exercises in Greenland at Denmark’s invitation. Trump had even previously refused to rule out the use of military force to secure the territory.
However, in a dramatic “U-turn” during his Davos appearance, Trump de-escalated. He explicitly ruled out military force, stating, “I don’t want to use force. I won’t use force.” Shortly after the speech, he announced via Truth Social that he had reached a “framework of a future deal” with NATO Secretary General Mark Rutte. This framework allegedly traded the withdrawal of the threatened tariffs for increased U.S. military access and rights to Greenland’s vast mineral deposits.
Controversy and Confusion
The speech was not without its signature eccentricities. On four separate occasions, the President appeared to confuse Greenland with Iceland, blaming the latter for a recent dip in the U.S. stock market. While the White House later clarified he was referring to the “icy nature” of the territory, the slips added to the surreal atmosphere of the forum.
Furthermore, Trump’s historical claims—specifically that the U.S. “gave Greenland back” to Denmark after World War II—were met with immediate pushback from historians and Danish officials. Denmark has held sovereignty over Greenland since 1814, and while the U.S. defended the island during the Nazi occupation, it never held the title.
The Aftermath
While the “Greenland Gambit” at Davos lowered the immediate threat of a trade war, it left the Transatlantic alliance in a state of flux. Denmark and Greenland both reiterated that the island is not for sale, yet the “framework deal” suggests a new era of aggressive U.S. interest in the Arctic.
Whether this was a genuine attempt at acquisition or a high-level “art of the deal” tactic to secure mineral rights, Trump’s Davos speech ensured that the Arctic will remain at the red-hot center of his foreign policy.
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