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In Davos speech, Trump repeatedly refers to Greenland as 'Iceland'

  • On Wednesday, President Donald Trump pressed for "immediate negotiations" on Greenland in a Davos speech, urging settlement of its status once and for all.
  • Invoking wartime history, the president noted Germany defeated Denmark in 1940 and the United States established a military presence on Greenland shortly after with Danish government-in-exile permission.
  • In striking language, Trump twice confused Greenland with Iceland and called it `a very big piece of ice`, while denying a military option but threatening tariffs on eight European countries including Finland.
  • Market moves reflected the diplomatic strain as the European Parliament suspended trade deal ratification and the Dow Jones Industrial Average climbed 365 points, with the S&P 500 recovering 50 points on Wednesday.
  • Looking beyond immediate fallout, the episode raised questions about Arctic sovereignty and NATO ties as Denmark rejected sovereignty transfer claims and Lars Løkke Rasmussen said the dispute remains unresolved.
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France24 broke the news in France on Wednesday, January 21, 2026.
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