President Trump: I won't use force on Greenland

Watch on YouTube ↗  |  January 21, 2026 at 14:53  |  4:39  |  CNBC
Speakers
Donald Trump — President of the United States

Summary

President Donald Trump spoke at Davos and said he will not use force to acquire Greenland, while demanding ownership and right title for defense. He claimed NATO allies are now paying 5% of GDP, touted a $1.5 trillion U.S. military budget, battleships, and a Golden Dome missile-defense plan. He also criticized Canada as ungrateful. The remarks were geopolitical and policy-focused, with no specific securities or investment recommendations.

  • Trump says he will not use military force over Greenland.
  • He seeks full ownership and right title to Greenland for defense and missile-defense purposes.
  • He claims NATO allies increased defense spending to 5% of GDP.
  • He touts U.S. military rebuilding, a $1.5 trillion budget, and bringing back battleships.
  • He says the U.S. will build a Golden Dome missile-defense system.
  • He criticizes Canada as receiving freebies from the U.S.
  • No specific securities, assets, or investment trades were named.
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