President Trump on Greenland: What I'm asking for is a piece of ice

Watch on YouTube ↗  |  January 21, 2026 at 14:47  |  6:50  |  CNBC
Speakers
Donald Trump — President of the United States

Summary

President Donald Trump spoke at the World Economic Forum in Davos, focusing on U.S. requests for Greenland, NATO burden-sharing, the Russia-Ukraine war, and a major U.S. military buildup. He highlighted a $1.5 trillion defense budget, bringing back battleships, and building a Golden Dome missile-defense system. The speech was largely geopolitical and security-focused, with limited direct market or investment specifics.

  • Trump says the U.S. wants ownership of Greenland for national and international security.
  • He argues the U.S. pays too much for NATO and gets little in return.
  • He criticizes Canada and says it benefits from U.S. protection.
  • He says he wants to stop the Russia-Ukraine war and is dealing with Putin and Zelensky.
  • He highlights a $1.5 trillion military budget and plans to bring back battleships.
  • He proposes building the greatest Golden Dome missile-defense system.
  • He mentions previous military actions against Iran, Soleimani, and al Baghdadi.
  • No specific stocks, tickers, or investment vehicles are named.
Ideas
Donald Trump President of the United States 0:34
Military buildup supports defense sector.
Trump advocates a major U.S. military buildup, citing a $1.5 trillion defense budget, bringing back battleships that are 100 times more powerful than WWII-era ships, and building the greatest Golden Dome missile-defense system to protect the U.S., Canada, and allies. This policy direction supports the defense sector through sustained or increased spending on military platforms and missile defense.
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