Buying Greenland could cost as much as $700 billion
NBC News • • world
Key Points:
- The U.S. could face a price tag of up to $700 billion to purchase Greenland, a strategic Arctic territory, according to estimates by scholars and former officials, reflecting more than half of the Defense Department’s annual budget.
- Greenland and Denmark have firmly rejected U.S. President Donald Trump’s ambitions to acquire the island, emphasizing Greenland’s desire to remain part of the Kingdom of Denmark and expressing concern over U.S. intentions.
- The Trump administration is exploring various options, including a direct purchase, increased military presence under existing agreements, or a compact of free association similar to agreements with Pacific island nations, to secure U.S. strategic interests in Greenland.
- Despite Trump’s rhetoric about potentially using military force, experts and many officials view diplomatic or
