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Trump Addresses Davos, Proposes Negotiations on Greenland and Reviews U.S. Economic, Energy and Security Policies

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Key takeaways

  • Trump said he is seeking immediate negotiations to discuss acquisition of Greenland from Denmark for U.S. strategic and defense purposes.
  • He credited his first year back in the White House with low inflation, high growth, record stock-market highs, and large investment commitments (which he said total about $18–20 trillion).
  • He announced an executive order banning large institutional investors from buying single-family homes and urged Congress to codify the ban.
  • He asked Congress to cap credit-card interest rates at 10% for one year and said he instructed government-backed institutions to purchase up to $200 billion in mortgage bonds to lower rates.
  • He described a most-favored-nation drug-pricing policy he says was secured with other countries, and said tariffs were used to obtain agreement.
  • He said the U.S. is leading in AI and expanding domestic energy production (including new nuclear approvals) and touted defense production and NATO burden-sharing increases.
  • He said he is working on negotiations to end the Ukraine war and touted recent Middle East security efforts and agreements.

Follow Up Questions

What legal and diplomatic steps would be required for the United States to acquire Greenland from Denmark?Expand

A negotiated cession treaty between Denmark and the United States is required (sovereignty transfers by treaty), followed by domestic approvals in both countries and international notification. Practically that means: bilateral negotiations and a formal treaty of cession; Denmark would need approval under its domestic law (agreement with Naalakkersuisut/Greenland authorities and likely Folketing consent and Greenlandic referendum per the Greenland Self‑Government framework); the U.S. President would negotiate and the Senate must give “advice and consent” (2/3) or Congress must enact implementing legislation; Congress would also act under Article IV to accept and legislate the treatment of the territory (jurisdiction, laws, financing); and the treaty would be registered/notified internationally (UN registration/recognition). Because Greenland is a people with rights to self‑determination under the Self‑Government Act, Greenlandic consent (political and very likely a referendum) is practically and legally essential.

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