All posts tagged: Greenland Technologies Holding Corp

U.S. threats of a Greenland takeover spark talk of trade wars

U.S. threats of a Greenland takeover spark talk of trade wars

Published by Sam Flores

A U.S. move to seize Greenland could damage trade ties with the European Union, France’s finance minister has warned, as one analyst told CNBC that tariffs or economic sanctions could lead to a “trade war.” U.S. President Donald Trump has ramped up talk of annexing Greenland this month — and has not ruled out taking it by force. Talks between the U.S., Denmark and Greenland on Wednesday over the future of the world’s largest island ended without a diplomatic breakthrough. French Finance Minister Roland Lescure told the Financial Times on Friday that economic ties between the U.S. and Europe could be damaged if Trump were to move to take the self-governing Danish territory. “Greenland is a sovereign part of a sovereign country that is part of the EU. That shouldn’t be messed around [with],” he said. When asked whether the EU would hit the U.S. with economic sanctions if it invaded Greenland, Lescure told FT: “I’m not going there. I mean, obviously, if that happened, we would be in a totally new world for sure, and …

Venezuela, Iran, Greenland part of Trump’s U.S.-China playbook

Venezuela, Iran, Greenland part of Trump’s U.S.-China playbook

Published by Sam Flores

In this photo illustration portraits of US President Donald Trump and Chinese President Xi Jinping are displayed on computer screen as US flag is seen. Dilara Irem Sancar | Anadolu | Getty Images In 10 days, Donald Trump captured the Venezuelan president, spooked European leaders with talk of annexing Greenland, and imposed 25% tariffs on anyone trading with Iran. The common thread may be America’s determination to challenge China and its dominance of critical minerals. By deposing Venezuela’s Nicolas Maduro and taking over the country’s oil industry, the U.S. can curb Chinese access to crucial resources and mining investments. By annexing Greenland, it could keep rivals out of emerging trade routes and, potentially, mining of minerals. By tariffing anyone trading with Iran, as protests threaten the survival of its regime, the U.S. can penalize both the Middle Eastern country and China for buying oil from it. “The connection here is the U.S.-China rivalry, and to a lesser extent U.S.-Russia strategic frictions,” Dan Alamariu, chief geopolitical strategist at Alpine Macro, told CNBC over email. “The U.S. …

What to watch as Trump’s team prepares for Denmark meeting

What to watch as Trump’s team prepares for Denmark meeting

Published by Sam Flores

The Flag of Greenland, known nationally as “Erfalasorput”, flies above homes on March 28, 2025 in Nuuk, Greenland. Leon Neal | Getty Images The Trump administration is preparing for a high-stakes meeting with Danish officials next week, seeking to discuss how the U.S. can acquire the world’s largest island. The White House has spoken frequently about taking control of Greenland in the wake of a weekend military operation to depose Venezuelan President Nicolas Maduro, raising alarm in Europe about Washington’s territorial ambitions. President Donald Trump, who has long coveted making Greenland a part of the United States, has said the mineral-rich and sparsely populated island is integral to national security and insisted he’s “very serious” about trying to acquire it. Danish Prime Minister Mette Frederiksen has since urged Trump to “stop the threats,” while Greenland’s leader described the notion of U.S. control over the territory as a “fantasy.” U.S. Secretary of State Marco Rubio said Wednesday that he intends to convene with senior government officials next week to discuss the situation. It comes after a …

Trump wants Greenland. How much could it cost to buy?

Trump wants Greenland. How much could it cost to buy?

Published by Sam Flores

A 3D-printed miniature model of U.S. President-elect Donald Trump and the Greenland flag are seen in this illustration taken January 15, 2025.  Dado Ruvic | Reuters Greenland’s icy landscape may not match its name, but its potential value certainly does. President Donald Trump is, once again, openly pining for the U.S. to take over Greenland. His administration says it’s weighing a range of options to acquire the Danish island territory, including using the U.S. military or buying it outright. Denmark and its European allies in NATO – the military alliance co-founded by the U.S. – have repeatedly stated that Greenland is not for sale. But Trump’s rhetoric about Greenland has flared back up in the days since the U.S. military entered Venezuela and captured that country’s leader. The prospect of the U.S. buying Greenland is “currently being actively discussed by the president and his national security team,” White House press secretary Karoline Leavitt told reporters Wednesday. Secretary of State Marco Rubio said he plans to discuss Greenland with Danish officials next week. Trump has not …