President Donald Trump and NATO temporarily defused a crisis over his attempt to take over Greenland, but details over the U.S. role on the semiautonomous Danish island could reignite tensions. In an interview with the New York Post, Trump said the U.S. will gain sovereignty over parts of Greenland that host American military bases-and take ownership of that land. "Yeah," he told the Post. "We'll have everything we want. We have some interesting talks going on."
Its ancient bedrock dates back four billion years or more, metamorphic rocks were transformed by volcanic activity that has concentrated metal ores in southern Greenland, and sedimentary rocks in northern areas are rich in lead and zinc. Almost half the periodic table can be found in a large, underexplored landmass like Greenland with such a complex geological history, says Diogo Rosa, an economic geologist at the Geological Survey of Denmark and Greenland.
U.S. President Donald Trump, with his lust for Greenland and hectoring of Europe, thinks the world is at his mercy,and thatthe U.S. is invincible. He's right on the first point. But he discovered this week that he's wrong about the second one. In Davos at the World Economic Forum, Trump climbed down on his Greenland threats after his actions caused chaos in the markets.
President Donald Trump's ambition to take over Greenland may be on ice for now, but supporters of the Danish territory won't soon forget the affair. In particular, Jesper Tønnesen, the Copenhagen shop owner whose MAGA parody hat went viral, told Business Insider he'll continue to raise support for Greenland's right to self-determination. "You don't feel that you have any promises, because it can change again," he said of Trump's proposed deal with Denmark.
It took just one week for Trump to create-and then resolve-the Greenland crisis. Over the course of a week in January, he followed the strategy laid out in his book almost line by line. Trump's signature negotiation tactics can be distilled into 5 key rules. They are: Rule 1: Aim high Rule 2: the BATNA Rule 3: Use leverage Rule 4: Let others find the middle Rule 5: Play to fantasies
"We fought for Denmark. (...) We were fighting to save it. (...) All the United States is asking for is a place called Greenland, where we had already been a trustee, but respectfully returned it to Denmark not long after we defeated the Germans, the Japanese, the Italians, and others in World War II. (...) We had it, and we gave it back to them."
Over the weekend, he had also threatened to lift the tariffs to 25% from 1 June. The threat had prompted widespread apprehension; criticism from senior European politicians, who declared they will not allow ourselves to be blackmailed; and warnings from economists. European Union leaders had threatened to deploy the bloc's so-called anti-coercion instrument (ACI), otherwise known as the trade bazooka, which would have allowed the EU to retaliate in defense of coercion measures through extraordinary trade sanctions.