How is Greenland Reacting to Trump's Calls to Take Over?

Watch on YouTube ↗  |  January 07, 2026 at 14:24  |  5:54  |  Bloomberg Markets
Speakers
Rufus Gifford — Former US Ambassador to Denmark

Summary

Rufus Gifford, former US Ambassador to Denmark, discusses the Trump administration's renewed calls to take over Greenland and the damage to trust between Denmark and the United States. He argues the US should pursue cooperation with allies, including deeper economic ties and investment in Greenland, rather than coercion. He notes potential rare earth deposits and welcomes American investment in mining, drilling, tourism, and hotels, while warning that current rhetoric makes Americans less welcome.

  • Gifford says European and Danish reaction is no longer amused but alarmed by Trump administration rhetoric on Greenland.
  • He criticizes Stephen Miller's comments as authoritarian and inconsistent with American values.
  • He argues US interests in Greenland should be advanced through diplomacy and NATO allies.
  • He says the US has underinvested in Arctic security and should increase investment with allies.
  • He sees economic opportunities in Greenland, including rare earth minerals, mining, drilling, tourism, and hotels.
  • He says trust between Denmark and the US has been broken and government-to-government relations are rough.
  • He notes Americans in Greenland and Denmark are less welcome due to the current approach.
Ideas
Rufus Gifford Former US Ambassador to Denmark 2:02
Greenland rare earths welcome US investment
Gifford argues there is an economic opportunity in Greenland, saying it probably has large rare earth mineral deposits and that Greenlanders and Danes would welcome American investment in mining and drilling, even though the current diplomatic approach is damaging trust.
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This Bloomberg Markets video, published January 07, 2026, features Rufus Gifford discussing REMX. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Rufus Gifford  · Tickers: REMX