Donald Trump is considering buying Greenland from Denmark – Daily Mail
President Trump is showing strong interest in buying the island of Greenland.
Two sources tell the Wall Street Journal that Donald Trump has repeatedly asked his advisers with ‘varying degrees of seriousness’ if it would be possible for the U.S. to acquire the autonomous Danish territory for its resources and geopolitical significance.
‘What do you guys think about that?’ Trump asked a table of associates last spring when the idea of buying the island first came to be, a source told the Wall Street Journal. ‘Do you think it would work?’
However, it’s unclear how exactly the U.S. would go about buying the largest island in the world after the U.S.’s two failed attempts by President Truman to buy it for $100million in 1946 and before that by the State Department in 1867.
President Trump is showing strong interest in buying the island of Greenland as sources reveal he has repeatedly asked his advisers if it would be possible
The 811,000-square-mile island of icy terrain in the Atlantic inhabits about 56,000 people and is an autonomous Danish territory
The 811,000-square-mile island of icy terrain in the Atlantic inhabits about 56,000 people, and though it is technically in North American waters, the self-governing land is culturally European.
Its foreign and security policy is handled by Copenhagen.
During last spring’s exchange with advisers, Trump got the idea after he’d heard that Denmark was having financial problems because of the subsidies it pays to Greenland.
According to the Journal, Greenland relies on $591 million of subsidies from Denmark annually, which make up about 60% of its annual budget.
The U.S. already has an airbase in Greenland, which is part of a state-of-the-art ballistic missile early warning system and satellite tracking system.
It has also, in the past sought to derail China’s efforts to make its mark on the independent territory.
In 2018, the Pentagon, alarmed at the news China was looking to finance the building of three airports on the ice-covered land, managed to block the move.
The US, along with its allies offered alternative funding options to Greenland in an effort to dissuade it from an expensive deal with China.
Trump is scheduled to make his first visit to Denmark early next month, although the visit appears to be unrelated to any desire he may have around the purchase of the Danish autonomous territory
Concerns were centered around whether the aid-dependent government could afford a large loan from China, and if it failed in its efforts to repay it, could lead to China taking control of the runways, bringing in warplanes, creating new shipping lanes and gaining access to a wealth of resources in the Arctic.
This would undoubtedly post concerns in a nation, such as the United States, which as is frequently noted, is concerned with maintaining its global influence and military and territorial might – in particular against the two other great military powers, China and Russia.
As the Foreign Policy journal writes, ‘Russia and especially China are the only two countries that could plausibly take over and hold the territory of Washington’s allies and partners in the face of US resistance’.
If either of the other two global powers ever gained the upper hand, it could see the balance of power shift. Such a shift could see China gain greater control over the economically dynamic area of the Western Pacific and could open Eastern Europe up to Russian control.
While it remains unclear if Trump’s comments around buying Greenland are more than just a show of might in front of the other global powers, there are a number of reasons the territory could be proving attractive to the US President.
It could, it has been speculated, give him a legacy that echoes that of the one a former president, Dwight Eisenhower, earned when Alaska was bought from Russia in 1867.
The island’s natural resources, spread across 811,000 square miles, could also be one of the key attractions for the president.
As the climate heats up and the arctic caps melt there has been widespread interest in what is thought to be a rich potential of mineral and energy resources – iron ore, lead, zinc, diamonds, gold, rare-earth elements, uranium and oil.
Research shows Greenland has been melting faster in the last decade and this summer, it has seen two of the biggest melts on record since 2012.
Both warmer air and warmer water are eating away at Greenland, causing it to lose billions of tons of ice daily in the summer.
And while a team of scientists and engineers are only just dropping probes into the ice to help figure out which is the bigger cause, water or air, one thing is certain, less ice could make the ability to uncover sub-earth treasures more feasible.
With less ice, access to this rich pool of resource beneath the land could become easier – making Greenland a territorial interest for the global powers.
A report in 2014 showed this map of areas of hydrocarbon development in Greenland. Hydrocarbon exploration is the search by geologists for deposits of substances such as petroleum and natural gas in the Earth
The 811,000-square-mile island of icy terrain in the Atlantic inhabits about 56,000 people, and though it is technically in North American waters, the self-governing land is culturally European
A 2014 report, titled: The Greenland Gold Rush: highlighted how climate change had made waters around the icy territory more accessible.
‘Only in recent years have exploration activities resumed as a result of global warming opening up parts of the Arctic, including areas in Greenland, along with dramatic increases in raw material demand and mineral prices in the mid-2000s.
It found within Greenland, the self-governing body is looking at a way of using these natural resources to help it rely less on foreign-aid and investment and become more economically and politically independent from Denmark.
Trump is scheduled to make his first visit to Denmark early next month, although the visit appears to be unrelated to any real desire to purchase Greenland.
The secretary of state, Mike Pompeo was also supposed to visit Greenland earlier in the year to discuss the long-term peace and sustainable economic developments on the autonomous Danish territory.
However, escalating tensions with Iran saw that trip cancelled.
Officials with the Denmark’s Royal House and the Danish embassy in Washington have yet to respond to the Wall street Journal’s request for comment on the matter.
It’s unclear how exactly the U.S. would go about buying the largest island in the world after two failed attempts in 1946 and 1867
The United States has a long history of acquiring territory since it was first established as an independent nation state.
The end of the American Revolution with the 1783 Treaty of Paris and Great Britain ceding the area of its thirteen colonies saw the beginning of the United States’ territorial acquisitions.
According to the United States Geological Survey the new nation went on for the next few decades to gradually add new territory until it reached the size it is today.
Alongside the territory that makes up its mainland the United States has control of a number of territories in its nearby waters and a number further afield in the Pacific and Asia.
Among its key purchases, was that of Louisiana, which the Global Policy Forum said it bought in 1803 from France for $15 million, the equivalent of $193 million in 2005.
The Republic of Texas was annexed by the United States in 1845 effectively bringing in 389,000 square miles of what was once Mexican territory under its control.
Three years later, after the Mexican-American War, all of the present-day states of California, Nevada, and Utah, as well as sections of Arizona, Colorado, New Mexico and Wyoming were ceded to the US by Mexico.
Mexico effectively lost about half of its national territory.
A view of Douglas Island and the Gastineau Channel in southeast Alaska. The country came under United States rule in 1867 after it was bought from Russia
And in 1867 the United States bought Alaska, from Russia, for $7.2 million.
Further afield, American Samoa became a US territory under the 1899 Treaty of Berlin between Germany, Great Britain, and the United States.
The islands to this day are under the administration of the U.S. Department of the Interior, Office of Insular Affairs alongside Guam, which has been under its administration since the Spanish-American War of 1898 – barring three years during World War Two when Japan took control.
Today, there are also a number of outlying islands, which are territories of the United States, including the Midway Atoll, (1867), Palmyra Atoll (1898, with Hawaii), Wake Atoll (1899), Baker Island and Howland Island ( 1857), Jarvis Island ( 1858), Johnston Atoll (1858), Kingman Reef (1922), and Navassa Island (1857).