• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Why Trump’s push for frigid Greenland is about icing out US adversaries

by March 29, 2025
written by March 29, 2025

President Donald Trump has insisted the U.S. needs to ‘get’ Greenland, ‘one way or another.’ But it’s not the first time U.S. leaders have had their eyes on the icy, sprawling island.

Located in the middle of contested waters between the U.S., Russia and Western Europe, Greenland is situated at a point that could protect the North Atlantic passage from Russian ships and submarines. It was a key military vantage point during the Cold War, and President Harry Truman offered to buy Greenland from the Danes in 1946. 

The island is also a transfer point for communication cables that cross the Atlantic. European officials claim Russian ‘ghost ships’ have been destroying such cables by dropping their anchors and dragging them across the ocean floor.

Greater control over the island would not only offer the U.S. the shortest ship route to Europe but also the opportunity to bolster its ballistic missile early warning system and place radar on the ocean floor to track the movements of Russian and Chinese ships.

The island rests on top of lucrative supplies of critical and rare earth minerals, such as cobalt, nickel, uranium and iron — materials that are essential to electric vehicles, medical equipment, electronics, batteries and advanced defense systems. 

The U.S. was once a top producer of rare earth minerals, but has been knocked off by China. China currently dominates the global supply chain with access to 60% of the world’s supply, but Greenland could be a ‘game changer,’ according to national security attorney Irina Tsukerman.

‘Their total resources of these rare earths could be greater than what China has,’ she told Fox News Digital.

Vice President JD Vance, second lady Usha Vance, national security advisor Mike Waltz and Energy Secretary Chris Wright, along with Sen. Mike Lee, R-Utah, visited Greenland on Friday. 

‘Our message to Denmark is very simple: you have not done a good job by the people of Greenland,’ the vice president remarked on the trip. 

‘You underinvested in the people of Greenland, and you’ve underinvested in the security architecture of this incredible, all-beautiful landmass filled with incredible people. That has to change and because it hasn’t changed, this is why President Trump’s policy in Greenland is what it is.’

Greenland is estimated to have the world’s eighth-largest reserve of rare earths, just behind the U.S. But its minerals have proven difficult to access — 80% of the island’s surface is covered in thick sheets of ice. The island also has lots of red tape: strict environmental and social impact requirements mean the permitting process takes time. 

The nation’s economy is currently built on fishing and welfare: Denmark offers around $700 million each year, nearly half of Greenland’s budget. 

The U.S. has dangled ‘billions’ in investment to mine minerals in Greenland as part of an effort to reduce its reliance on China, though China has already had a limited involvement in mining projects there. 

‘China is more concerned about access to the Arctic than those minerals,’ said Tsukerman. 

‘China has focused its mineral efforts on Africa, where it is indeed far ahead of the U.S. Russia has been focused on the Arctic,’ she continued. ‘There’s been growing talks about increasing NATO presence in the area to deter Russian and Chinese vessels from entering.’

There’s oil and gas, too, but in 2021 Greenland passed a ban on all future oil and gas exploration and extraction. 

As the ice caps continue to melt, the waters around Greenland are becoming more and more navigable — meaning ships traveling from Asia and Europe can sail polar routes and avoid heading south to the Panama and Suez canals. 

U.S. and Danish defenses on the island have become outdated, just as Russia is refurbishing its own Arctic ports. Greenland once hosted dozens of U.S. bases and outposts, but today hosts just one: Pituffik Space Force Base. Once home to around 10,000 U.S. troops, just around 200 are deployed there now. 

‘We need Greenland for international safety and security. We need it. We have to have it,’ Trump said in an interview on Wednesday.

The territory largely opposes the idea of joining the U.S. 

In response to Trump’s threats to take Greenland, Denmark announced a $2 billion investment in defense on the island in January. 

Denmark’s defense intelligence service has determined Greenland to be ‘a priority for Russia, and it will demonstrate its power through aggressive and threatening behavior, which will carry along with it a greater risk of escalation than ever before in the Arctic.’

‘We have not invested enough in the Arctic for many years,’ Danish Defense Minister Troels Lund Poulsen admitted recently. ‘Now we are planning a stronger presence.’

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump effect forces Germany to reprioritize defense as nation plays catch-up in military spending
next post
Here’s what happened during Trump’s 10th week in office

related articles

Social Security pushes back on Warren, touts transparency...

September 17, 2025

Patel defends FBI pull-up test after Hirono decries...

September 16, 2025

FBI phone extractions, DNA testimony headline Day 7...

September 16, 2025

Trump assassination attempt trial continues with more FBI...

September 16, 2025

Hakeem Jeffries’ 4-word answer to why he skipped...

September 16, 2025

Bondi ‘hate speech’ remarks spark torrent of criticism...

September 16, 2025

FBI’s Trump probe ‘Arctic Frost’ also investigated Charlie...

September 16, 2025

Bill Barr transcript flies in face of Democrat...

September 16, 2025

Trump appeals order blocking him from firing Fed...

September 16, 2025

‘Most transparent’ FBI ever: Patel updates Senate on...

September 16, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Unilever to cut 3,200 jobs in Europe by 2025 under new CEO’s growth plan

    July 12, 2024
  • Jimmy Carter was a man of faith and that’s how we should remember him 

    January 9, 2025
  • ‘Great asset’: Radical Dems, socialists thrilled by Harris’ VP pick Tim Walz

    August 9, 2024
  • Trump quips he’d ‘love’ to run against Obama in hypothetical third-term presidency

    April 1, 2025
  • Trump’s aluminum tariffs may force Coca-Cola to use more plastic bottles

    February 12, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,047)
  • Investing (634)
  • Stock (926)

Latest Posts

  • Intel 14th Gen CPU Issues Adding Pressure to the Stock

    July 17, 2024
  • Saudis deploy mobile McDonald’s for Trump’s trip to the kingdom

    May 13, 2025
  • PETA, animal rights groups praise Trump admin for phasing out ‘cruel tests on dogs’ and other animals

    April 13, 2025

Recent Posts

  • Rapper who was pardoned had this to say about president in 2017

    May 29, 2025
  • Zelenskyy lambastes Putin over Christmas strikes: ‘What could be more inhumane?’

    December 25, 2024
  • New poll shows Trump holds lead with ‘remarkably resilient’ support

    September 8, 2024

Editor’s Pick

  • Supreme Court upholds looming TikTok ban

    January 17, 2025
  • DAVID MARCUS: Why Trump 2.0 is the beginning of history

    February 5, 2025
  • Harris campaign breaking fundraising records in race against Trump since Biden bowed out

    July 23, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock