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Donald Trump refuses to rule out force to take Greenland and Panama Canal

by Investor News Today
January 7, 2025
in Market Updates
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Donald Trump refuses to rule out force to take Greenland and Panama Canal
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Donald Trump has refused to rule out utilizing drive to acquire Greenland or take management of the Panama Canal, as he vowed to rename the Gulf of Mexico because the “Gulf of America”.

In a freewheeling press convention lower than two weeks earlier than he takes workplace, the US president-elect threatened to make use of his nation’s financial and navy would possibly in opposition to conventional allies to additional nationwide safety and territorial enlargement.

Requested whether or not he would exclude using navy or financial coercion to accumulate Greenland or assume management of the Panama Canal, he mentioned: “No, I can’t guarantee you on both of these two. However I can say this, we want them for financial safety . . . We’d like Greenland for nationwide safety causes.”

At Tuesday’s press convention at his Mar-a-Lago property in Florida, Trump vowed to “tariff Denmark at a really excessive stage” except the nation gave up management of Greenland, which he had sought to purchase throughout his first time period of workplace.

Earlier on Tuesday Danish Prime Minister Mette Frederiksen mentioned Greenland, which is an autonomous a part of the dominion of Denmark, was “not for sale” however confused that she was eager to co-operate with Washington within the Arctic.

Responding to Trump’s newest feedback, she added that the US was Denmark’s “most necessary and closest ally” and that she didn’t have “the creativeness to imagine that we’ll get” to potential navy or financial coercion to realize management of Greenland.

Trump has since 2019 sought management of the world’s largest island, which is dwelling to only 56,000 folks however central to the strategically important Arctic area.

He additionally argued at his press convention that the US wanted management of the Panama Canal, which the nation constructed greater than 100 years in the past, due to the channel’s strategic function.

“The Panama Canal is important to our nation,” he mentioned. “It’s being operated by China . . . And we gave the Panama Canal to Panama, we didn’t give it to China.”

In an extra broadside at a conventional ally, Trump mentioned a US annexation of Canada “would actually be one thing”, however would happen via “financial drive” quite than navy motion.

“You eliminate that artificially drawn line, and also you check out what that appears like, and it will even be a lot better for nationwide safety. Don’t overlook, we principally defend Canada,” he mentioned.

Citing US deficits with each nations and an inflow of migrants throughout the US’s southern border, Trump mentioned he was ready to hit each Canada and Mexico with larger levies. “We’re going to place very critical tariffs on Mexico and Canada . . . then we need to get together with everyone,” he mentioned.

“We’re going to be altering the identify of the Gulf of Mexico to the Gulf of America,” he added. “What a stupendous identify. And it’s applicable.”

Trump labelled Mexico a “very harmful place” that was “permitting thousands and thousands of individuals to pour into our nation” and was “primarily run by the [drug] cartels”.

Advisable

Mexico has been residing via an unprecedented wave of homicides since 2009 with organised felony teams extending their attain from medication and migrant trafficking into oil theft and extortion.

When Trump initially steered imposing tariffs on Mexico and Canada quickly after his election in November, Mexico’s President Claudia Sheinbaum initially hinted at retaliatory measures.

Whereas the 2 leaders mentioned they subsequently had a cordial dialog, Sheinbaum is now getting ready for an onslaught of mass deportations, commerce limitations and stress for larger US involvement in tackling the cartels.

Canada’s Prime Minister Justin Trudeau responded on social media that each nations profit from being one another’s largest buying and selling and safety companion. “There isn’t a snowball’s likelihood in hell that Canada would grow to be a part of the US,” he posted on X. 

Further reporting by Richard Milne and Ilya Gridneff



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