A protester holds a motion speechmaking 'We are not for sale' successful beforehand of the US consulate during a demonstration, nether the slogan 'Greenland belongs to the Greenlandic people', successful Nuuk, Greenland, connected March 15, 2025.
Christian Klindt Soelbeck | Afp | Getty Images
U.S. President Donald Trump's ambitions astir Greenland are rapidly gaining factual signifier — that is, evolving from rhetoric into action.
Mining institution Amaroq told CNBC the White House has been having discussions with the steadfast implicit investing successful its mining projects successful Greenland. If it's a purely concern transaction, that mightiness not beryllium unwelcome: Aaja Chemnitz, the subordinate of parliament representing Greenland successful the Danish Parliament, and seat of the Greenland Committee, told CNBC that the land is "open for business."
Being unfastened for business, however, does not mean welcoming a takeover bid. "It's been rather wide from the opening that Greenland is not for merchantability and ne'er volition be," Chemnitz said.
But that could beryllium connected the docket for U.S. Secretary of State Marco Rubio's planned gathering with Danish authorities adjacent week. While the gathering was initiated by Denmark's overseas minister, Lokke Rasmussen, and his Greenlandic counterpart, Vivian Motzfeldt, Rubio volition beryllium looking to sermon how the U.S. tin get the Arctic island.
In the precise hypothetical script — let's telephone it a thought experimentation — that the U.S. buys Greenland, the land would beryllium valued astatine astir $2.8 trillion, according to a center-right U.S. deliberation tank, though different parties enactment that fig lower.
Rubio volition besides person to navigate thorny issues, specified arsenic dealing with Greenlander's tendency for independency and Europe's response. As for different planetary powers, portion Russia is conspicuously quiet — astir apt due to the fact that it is much funny successful seeing immoderate part successful NATO implicit this matter — China is keenly watching developments, having described itself arsenic a "near-Arctic state" successful 2018. Any transaction — oregon cognition — connected this standard volition person planetary repercussions.
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