The Fort Worth Press - Greenland Deal – and now?

USD -
AED 3.672499
AFN 65.000102
ALL 80.716215
AMD 378.656912
ANG 1.79008
AOA 916.999995
ARS 1444.5061
AUD 1.42104
AWG 1.80125
AZN 1.703701
BAM 1.633386
BBD 2.013103
BDT 122.138616
BGN 1.67937
BHD 0.376968
BIF 2960.735925
BMD 1
BND 1.261227
BOB 6.906746
BRL 5.197202
BSD 0.999495
BTN 91.809686
BWP 13.078391
BYN 2.841896
BYR 19600
BZD 2.010222
CAD 1.35408
CDF 2240.000163
CHF 0.765525
CLF 0.021855
CLP 862.939783
CNY 6.95465
CNH 6.94074
COP 3670.36
CRC 496.072757
CUC 1
CUP 26.5
CVE 92.086637
CZK 20.29245
DJF 177.719931
DKK 6.235745
DOP 62.885991
DZD 129.171921
EGP 46.837506
ERN 15
ETB 155.421337
EUR 0.83513
FJD 2.1911
FKP 0.725629
GBP 0.72366
GEL 2.695061
GGP 0.725629
GHS 10.924686
GIP 0.725629
GMD 73.000235
GNF 8770.633161
GTQ 7.668217
GYD 209.112281
HKD 7.80161
HNL 26.37704
HRK 6.2933
HTG 130.891386
HUF 317.563026
IDR 16741.65
ILS 3.097875
IMP 0.725629
INR 92.04105
IQD 1309.331429
IRR 42125.000158
ISK 120.909983
JEP 0.725629
JMD 156.680488
JOD 0.709025
JPY 153.081999
KES 129.000187
KGS 87.450173
KHR 4017.905611
KMF 412.000074
KPW 899.941848
KRW 1427.75028
KWD 0.30645
KYD 0.832978
KZT 503.603671
LAK 21533.681872
LBP 89506.589387
LKR 309.494281
LRD 184.910514
LSL 15.892551
LTL 2.95274
LVL 0.60489
LYD 6.276907
MAD 9.037126
MDL 16.761456
MGA 4459.737093
MKD 51.481981
MMK 2099.981308
MNT 3572.641598
MOP 8.032705
MRU 39.899616
MUR 45.090023
MVR 15.460024
MWK 1733.186347
MXN 17.16525
MYR 3.918993
MZN 63.759786
NAD 15.892618
NGN 1394.459919
NIO 36.779996
NOK 9.574604
NPR 146.893491
NZD 1.65069
OMR 0.384496
PAB 0.999516
PEN 3.344329
PGK 4.278419
PHP 58.780105
PKR 279.608654
PLN 3.512035
PYG 6712.014732
QAR 3.634154
RON 4.256097
RSD 98.041985
RUB 76.546829
RWF 1458.255038
SAR 3.750365
SBD 8.077676
SCR 13.753586
SDG 601.498846
SEK 8.82156
SGD 1.261875
SHP 0.750259
SLE 24.303915
SLL 20969.499267
SOS 570.233129
SRD 38.092028
STD 20697.981008
STN 20.460913
SVC 8.745579
SYP 11059.574895
SZL 15.88602
THB 31.139852
TJS 9.34036
TMT 3.5
TND 2.858467
TOP 2.40776
TRY 43.413099
TTD 6.783978
TWD 31.282102
TZS 2560.000284
UAH 42.724642
UGX 3578.571995
UYU 37.82346
UZS 12092.817384
VES 358.47615
VND 26065
VUV 119.671185
WST 2.725359
XAF 547.815484
XAG 0.008493
XAU 0.000182
XCD 2.70255
XCG 1.801312
XDR 0.68021
XOF 547.813197
XPF 99.5983
YER 238.393717
ZAR 15.709905
ZMK 9001.201624
ZMW 19.865039
ZWL 321.999592
  • RBGPF

    0.0000

    82.4

    0%

  • SCS

    0.0200

    16.14

    +0.12%

  • CMSD

    -0.0457

    24.0508

    -0.19%

  • BCC

    -0.8900

    80.85

    -1.1%

  • CMSC

    -0.1000

    23.7

    -0.42%

  • RYCEF

    -0.5500

    16.6

    -3.31%

  • JRI

    -0.6900

    12.99

    -5.31%

  • GSK

    -0.7000

    50.1

    -1.4%

  • NGG

    0.3700

    84.68

    +0.44%

  • RELX

    -0.9800

    37.38

    -2.62%

  • BCE

    -0.2500

    25.27

    -0.99%

  • RIO

    0.4600

    93.37

    +0.49%

  • BTI

    -0.1800

    60.16

    -0.3%

  • VOD

    0.0700

    14.57

    +0.48%

  • BP

    0.0800

    37.7

    +0.21%

  • AZN

    -2.3800

    93.22

    -2.55%


Greenland Deal – and now?




Since the beginning of 2026, a diplomatic thriller has been unfolding around the Arctic island of Greenland. US President Donald Trump, who already wanted to buy the island in 2019, has made his claim state doctrine in his second term in office. He justifies this with geopolitical and security policy arguments and threatens European allies with punitive tariffs. Although the US and NATO have drawn up a preliminary framework agreement in Davos, the situation remains tense – and the inhabitants of Greenland continue to reject the takeover.

A conflict with a history
Trump had already started a trade war with the EU in the spring and summer of 2025. At that time, the Union relented in order to protect its ailing economy. With the mediation of Chancellor Friedrich Merz, Brussels accepted an asymmetrical agreement that abolished all tariffs on US goods, while Washington imposed a basic tariff of 15 per cent on imports from Europe and even higher tariffs on certain products. This ‘tariff turnaround’ served as a model for how the US president uses economic pressure to achieve political goals. When Trump renewed his threat in January 2026, he once again took a heavy toll on the trade front: from 1 February, tariffs of 10 per cent were to be imposed on goods from Germany, Denmark, France, Great Britain, Norway, Sweden, Finland and the Netherlands, rising to 25 per cent from 1 June – unless Denmark sold Greenland. For Germany's export-oriented industry, whose shipments to the US had already slumped by almost ten per cent in 2025, further tariffs would be a severe blow. Industry association representatives warned that the loss of confidence caused by Trump's unpredictability was jeopardising investment.

Threats and military signals
Trump justifies his demand for the takeover of Greenland by pointing out that Russia and China could gain a military foothold there. On 9 January, he declared that the US would not allow other powers to occupy the island; if Denmark did not sell, Washington would have to act ‘in a pleasant or more difficult manner’. In his short message service, he emphasised that the US had subsidised Europe for decades and that it was ‘time to give something back’. Words like these provoke memories of the Alaska and Louisiana purchases of the 19th century.

Europe responded to the threat not only with outrage, but also with action. Because talks between Denmark and the US had remained fruitless, several NATO countries sent a reconnaissance contingent to Greenland in mid-January; 15 German soldiers also took part. The mission was intended to assess the conditions for joint manoeuvres and to draw a ‘red line’ in the ice. The EU also issued a joint statement: it stood by the principle of sovereignty and territorial integrity, customs threats endangered transatlantic relations, and it would respond in a united and coordinated manner. Vice-Chancellor Lars Klingbeil warned that Europe must not allow itself to be blackmailed. At the political level, individual states reacted differently: French President Emmanuel Macron and British Prime Minister Keir Starmer openly condemned the threats, while German Chancellor Merz initially remained silent. Italian Prime Minister Giorgia Meloni called the tariffs ‘a mistake’ and called for de-escalation.

Trump's actions were also controversial in the US. Senate Minority Leader Chuck Schumer announced his intention to stop the additional tariffs, with both Democrats and Republicans warning that higher tariffs would increase prices for families and businesses. Several governors – including Andy Beshear of Kentucky and Gretchen Whitmer of Michigan – described Trump's claim to Greenland as ‘stupid’ and emphasised that Americans did not want a takeover. Even Republican Governor Kevin Stitt admitted that the US could already establish military bases on the island and did not need to own it.

The supposed breakthrough in Davos
On the sidelines of the World Economic Forum in Davos, Donald Trump met with NATO Secretary General Mark Rutte on 21 January 2026. He then made a surprise announcement that a ‘great solution’ was in sight: a framework agreement had been reached, so the tariffs planned for 1 February would not be imposed for the time being.

Rutte confirmed that there was a rough plan and that further talks would follow. According to information from participants, the draft consists of four points: First, Washington will refrain from imposing the planned punitive tariffs for the time being; second, the 1951 stationing agreement is to be revised, taking into account the ‘Golden Dome’ missile defence project for a greater US presence in the Arctic; Thirdly, the US will have a say in investments in Greenland in order to prevent influence from China and Russia. Fourthly, European NATO countries will commit to greater involvement in the Arctic.

However, many questions remain unanswered. Neither Trump nor Rutte mentioned the sensitive issue of sovereignty, which Rutte said was ‘not an issue’. Observers therefore warn that this is merely a rough draft. European governments are urging caution and view the turnaround more as a respite. The EU special summit on the customs crisis is to take place despite the supposed deal in order to discuss a joint strategy.

Why Greenland is so coveted
Greenland is the world's largest island, rich in rare earths, gold, diamonds, uranium, zinc, lead and potential oil and gas reserves. Strategically located on the shortest route between North America and Europe, it already hosts a US air force base with an early warning system for ballistic missiles. Climate change is opening up new shipping routes, making the Arctic more economically attractive. For Washington, it is crucial that no other major power gains a foothold on the island. The Biden administration has already agreed on extensive access to the base in stationing agreements with Denmark; expansion would be possible even without a change of ownership.

Greenlanders say no – the people are fighting back
While politicians haggle over geopolitical treaties, the people of Greenland are speaking out. A survey conducted by the opinion research institute Verian on behalf of the Greenlandic newspaper Sermitsiaq and the Danish daily Berlingske found that 85 per cent of residents reject integration into the US; only six per cent would agree to annexation, while nine per cent are undecided. Deutschlandfunk also reported on a survey according to which 85 percent of Greenlanders reject the US plans.

Former head of government Múte B. Egede already stated in early 2025: "We don't want to be Danes. We don't want to be Americans either. We want to be Greenlanders." This statement sums up the mood of many citizens who have been campaigning for greater independence from Denmark for years but do not want to accept a new colonial ruler. Greenland's current head of government, Jens-Frederik Nielsen, is also pursuing a cautious path to independence. On 17 January 2026, under his leadership, thousands of demonstrators marched to the US consulate in Nuuk to protest against Trump's claims.

Europe between dependence and self-assertion
The Greenland dispute highlights how dependent European security is on the US. Several guests on the ZDF talk show ‘Maybrit Illner’ pointed out that Europe would not be viable today without NATO; the US provides the nuclear umbrella and many important capabilities. Experts therefore warned against an escalation that could lead to a breakdown of the alliance. On the programme, CDU foreign policy expert Norbert Röttgen remarked: ‘What is he supposed to do if the Greenlanders say no? Should he send 10,000 soldiers into the ice?’ Former Foreign Minister Annalena Baerbock, now President of the UN General Assembly, referred to the United Nations Charter: states have no right to invade the territory of other states, and the law of the strongest must not apply.

Nevertheless, there is a growing desire in Europe to become more independent. During Trump's first term in office, the EU laid the foundation for a European defence union with the ‘Permanent Structured Cooperation’ (PESCO). But true military sovereignty is still a long way off; many states fear they would be vulnerable without US support. At the same time, observers point out that Trump's pressure could also be directed against European regulations such as digital taxes or data protection guidelines.

Analysis and short-term outlook
The announcement of a framework agreement in Davos has defused the conflict over Greenland, at least for the time being. However, the alleged deal is based on vague wording. The central issue of sovereignty has been left out, and even US negotiators admit that the details still need to be worked out. The four agreed pillars – suspension of tariffs, reassessment of the stationing agreement, US say in investments and stronger European engagement – could be delayed indefinitely in practice. As long as Washington is not granted the right to annexation, Trump will continue to exert pressure.

For the EU, it remains a balancing act: on the one hand, it does not want to jeopardise its most important economic relations with the US; on the other hand, it must show that it defends the sovereignty of its members and partners. The conflict has reignited the debate on European autonomy. At the same time, cracks in the transatlantic partnership will not heal by themselves.

Meanwhile, the people of Greenland have made it clear that they are not prepared to sell their island. As long as this attitude persists, Trump will not be able to impose his will without resorting to massive force. And as Norbert Röttgen mockingly asked on a talk show, this would probably require sending 10,000 soldiers into the snow – a scenario that is not very popular even in Washington. In this respect, it seems likely that the dispute over Greenland will continue to strain transatlantic relations until a solution is found that respects both the security interests of the US and the sovereignty of the island's inhabitants.