President Trump: We are going to have 'even better security' with Greenland than before

Watch on YouTube ↗  |  January 21, 2026 at 20:35  |  1:32  |  CNBC
Speakers
Donald Trump — President of the United States
Joe Kernen — Co-Anchor, Squawk Box

Summary

In an interview with CNBC’s Joe Kernen in Davos, President Donald Trump discusses Greenland’s importance for US security, NATO defense spending, and the possibility of a trade war rather than a military conflict. Trump says NATO allies have increased defense spending to 5% of GDP and buy missiles and other goods from the US. He also mentions a rare earth deal with Ukraine. The excerpt focuses on geopolitical and defense themes.

  • Trump says Greenland is needed for US security.
  • Trump claims he raised NATO defense spending from 2% to 5% of GDP.
  • Trump says NATO countries pay the US by buying missiles and other goods.
  • Trump mentions signing a rare earth deal with Ukraine.
  • Kernen and Trump discuss trade war rather than military conflict.
  • Trump criticizes past Ukraine aid.
Ideas
Donald Trump President of the United States 1:04
NATO spending boosts US defense demand.
Trump says he raised NATO allies' defense spending from 2% to 5% of GDP and that they pay the US a lot of money because they buy missiles and other military goods, implying continued strong demand for US defense contractors.
ITA MED
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This CNBC video, published January 21, 2026, features Donald Trump discussing ITA. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Donald Trump  · Tickers: ITA