President Donald Trump made a strange announcement ahead of his trip to Denmark.
He’s interested in a “Green” deal of his own, but this has nothing to do with climate change, nor Rep. Alexandria Ocasio-Cortez’ Green New Deal.
National Economic Council head Larry Kudlow confirmed that Trump is interested in buying Greenland.
Trump is eyeing the territory of the Kingdom of Denmark, saying it would be “strategically” interesting.
“We’re very good allies with Denmark,” Trump said. “We protect Denmark like we protect large portions of the world. We’d be interested.”
“Essentially it’s a large real estate deal,” Trump said. “A lot of things can be done.”
It’s quite possible that Trump may be looking to seize on an opportunity: According to him Denmark is losing money by the boatload on Greenland, Bloomberg reports. $700 million to be exact, with Denmark paying a $500 million subsidy each year.
If Trump’s math is right, then he may be onto something.
Denmark’s Prime Minister Mette Frederiksen responded to the inquiry finding little funny about the whole idea.
Whether or not the entire thing is one big joke, what experts do know is that Greenland has amassed a host of natural resources, resources that China has been trying to capture.
In an interview with “Fox News Sunday” Kudlow maintained that Greenland is a “strategic place” to do business.
Trump is tentatively scheduled to visit Denmark Sept. 2 and 3, by way of invitation of Queen Margrethe II.
The Horn editorial team