In a recent press conference, U.S. President Donald Trump did not rule out the use of military or economic pressure to gain control over Greenland and the Panama Canal, signaling a shift in his foreign policy stance. “I can’t give you guarantees,” Trump said when asked whether such actions were on the table.
Trump suggested that he could impose tariffs on Denmark if the Scandinavian country opposes the sale of Greenland. His comments have sparked controversy, as they echo previous discussions around the U.S.’s strategic interests in the region. Donald Trump Jr. and other representatives are currently visiting Greenland, though Trump Jr. emphasized that the trip is purely for tourism and not linked to any purchase negotiations.
The Connection Between Denmark and Greenland
Greenland is part of the Kingdom of Denmark but holds an autonomous status. The island, rich in natural resources, is home to around 57,000 people. Despite its autonomy, Denmark retains sovereignty over Greenland, a fact that has caused friction with the Trump administration’s interests.
Earlier, Danish Prime Minister Mette Frederiksen firmly stated that Greenland is not for sale. However, President Trump remained unpersuaded, reiterating that Greenland—and the Panama Canal—are vital to U.S. economic security.
The Panama Canal and U.S. Interests
The Panama Canal, which was handed over to Panama in 1999, remains a critical economic link for the U.S., with approximately three-quarters of the ships passing through the canal being American. Trump expressed dissatisfaction with the current arrangement, accusing Panama of charging “exorbitantly high tariffs” for the use of the canal. He also voiced concerns about China’s growing influence, stating that after the U.S., China is now the second-largest user of the canal. A Hong Kong-based company manages two of the five ports close to the canal, raising questions about Chinese control in the region. “We gave the Panama Canal to Panama, not to China,” Trump remarked during the press briefing.
Trump’s Economic and Military Pressure Strategy
In a broader context, Trump also suggested that the U.S. might consider “economic pressure” on countries like Canada, in line with its trade policies. While he ruled out military pressure, the possibility of trade measures against nations like Denmark and Canada could be on the horizon, should these countries challenge U.S. geopolitical goals.
As the situation evolves, global markets are watching closely to assess how these geopolitical shifts could impact international trade, security, and economic stability.