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The price is right: Greenland edition

Vice President JD Vance and his wife, Usha Vance, tour the US military's Pituffik Space Base in Greenland on March 28, 2025.

Vice President JD Vance and his wife, Usha Vance, tour the US military's Pituffik Space Base in Greenland on March 28, 2025.

JIM WATSON/Pool via REUTERS
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How much would it cost for the United States to maintain Greenland as its territory? And what are the revenue possibilities from the Arctic island’s natural resources? Those are two questions the White House is reportedly looking into in the surest sign yet that Trump’s interest in Greenland is genuine.

It’s just business, baby: The Danes send around $600 million per year to Greenland, and an unnamed official told the Washington Post that the United States is prepared to spend “a lot higher than that” to lure Greenland into America’s orbit. While the US has not shared exactly how much they are prepared to spend, JD Vance recently reiterated the claim that Copenhagen had not “devoted the resources necessary … to keep the people of Greenland safe.”

But that doesn’t explain the combative approach when a US president could simply seek a bilateral meeting with Denmark to discuss opportunities to expand America’s presence in the Arctic. By forcing his territorial interests on Greenland, Donald Trump risks isolating America’s closest partners. Danish PM Mette Frederiksen in Nuuk on Wednesday told reporters, “The US shall not take over Greenland. Greenland belongs to the Greenlanders.”

What does this have to do with Russia and China? Trump and Vance have claimed that acquiring Greenland will protect the island from Russian and Chinese encroachment. But special envoy Steve Witkoff told Tucker Carlson that the US and Russia are “thinking about how to integrate” their Arctic energy policies and “share sea lanes” to send gas into Europe together, suggesting that American ownership of Greenland could foster better cooperation with Russia.

Is there art to this deal? A mix of financial incentives and political ideology is likely behind Trump’s interest in Greenland. Trump has long touted Andrew Jackson as an inspiration and mentioned “manifest destiny” in this year’s inaugural address, so his wandering eyes are to be expected. But here’s a hot take from Ian Bremmer: Maybe Trump and his team “don’t have any reason” for the proposed land grab and all of this “will eventually blow over.”

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