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Europe goes all out to make a deal with Trump on Greenland – POLITICO

By staffJanuary 14, 20263 Mins Read
Europe goes all out to make a deal with Trump on Greenland – POLITICO
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The foreign ministers of Greenland and Denmark will meet U.S. Vice President JD Vance alongside Rubio at the White House on Wednesday. They are hoping for “an honest conversation with the administration,” according to another EU diplomat familiar with plans for the meeting.

The art of the deal

Asked to describe a possible endgame on Greenland, the first EU diplomat said it could be a deal that would give Trump a victory he could sell domestically, such as forcing European countries to invest more in Arctic security as well as a promise that the U.S. could profit from Greenland’s mineral wealth.

Trump is primarily looking for a win on Greenland, the diplomat said. “If you can smartly repackage Arctic security, blend in critical minerals, put a big bow on top, there’s a chance” of getting Trump to sign on. “Past experience” — for example when EU allies pledged to spend 5 percent of GDP on defense — showed “this is always how things have gone.”

On defense, NATO Secretary General Mark Rutte laid the groundwork for a deal when on Monday he said countries in the alliance were discussing ways of bolstering Arctic security. While the shape of the “next steps” touted by Rutte remain to be defined, a ramped-up investment by European NATO members is one possibility that could fit with Trump’s desire to see Europe shoulder greater responsibility for its security.

On mineral extraction, details are blurrier. But a deal that guarantees the U.S. a share of profits from extraction of critical raw materials is one possibility, said the EU official.

For now, capacity to extract critical raw materials from Greenland is limited. Denmark has spent years seeking investment for long-term projects, with little luck as countries have preferred obtaining minerals at a much cheaper rate on global markets.

The EU is planning to more than double its investment in Greenland in its next-long term budget — including funds oriented toward critical raw materials projects. This could be a hook for Trump to accept a co-investment deal.

Yet, if Trump’s real aim is the island’s minerals, Danes have been offering the U.S the chance to invest in Greenland for years — an offer refused by American officials, several diplomats said. If Trump’s push on Greenland is about China and Russia, he could easily ask Copenhagen to increase the presence of U.S troops on the island, they also say.

A third EU diplomat questioned whether Trump’s real aim was to get into the history books. Trump’s Make America Great Again slogan “has become a geographical concept; he wants to go down in history as the man who has made America ‘greater’ — in geographical terms,” they said.

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