How much will it cost the US to buy Greenland? Trump weighs $700 billion price tag
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Moneycontrol15-01-2026, 12:02

Greenland Acquisition Could Cost US Up To $700 Billion, Officials Oppose Trump's Plan

  • Acquiring Greenland could cost the US up to $700 billion, according to internal estimates reported by NBC News.
  • President Trump views Greenland as a strategic Arctic buffer against rivals, with a White House official confirming Secretary of State Marco Rubio is preparing a purchase proposal.
  • Greenlandic and Danish officials, including Foreign Minister Vivian Motzfeldt and Prime Minister Jens-Frederik Nielsen, firmly oppose any US acquisition, emphasizing their ties to Denmark, NATO, and the EU.
  • Experts warn costs could exceed $700 billion, with Greenland's mineral resources alone valued at $4.4 trillion; total acquisition estimates could reach $2.8 trillion.
  • Trump's interest is driven by national security concerns, fearing Russian or Chinese influence if the US doesn't act, despite 85% of Greenlanders opposing joining the US.

Why It Matters: Trump's plan to acquire Greenland faces a potential $700 billion cost and strong opposition from Denmark and Greenland.

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