Denmark: Siltanews – News Desk
The White House is threatening a close ally with a trade war or worse—but Copenhagen has leverage that could inflict instant pain on the U.S. economy.
During his first term as the U.S. president, Donald Trump occasionally floated the idea of buying Greenland, but few took it seriously. Now Trump is repeating the calls, backed with threats against Denmark, and nobody is chuckling anymore.
The Nordic nation is facing the prospect of a close ally taking Danish territory by force. But despite only having a small army and navy, Denmark has no shortage of economic leverage with which it can try to reason with—or, if necessary, pressure—the U.S. president.
Indeed, there are several Danish multinational companies without whose products and services Americans would feel immediate pain. Over the weekend, the Financial Times disclosed details about a Jan. 15 call between Trump and Denmark’s prime minister, Mette Frederiksen.
According to the Financial Times, it was a fiery 45-minute conversation in which Trump—who hadn’t yet been inaugurated—was “aggressive and confrontational.” The crux was Fredriksen’s refusal to sell the Arctic island of Greenland to the United States.
Denmark is a committed and well-liked member of NATO, but it can’t change the fact that it’s a small country with a population just shy of 6 million and armed forces of some 20,000 active personnel.
If Trump is serious about acquiring Greenland, Denmark would not be able to mount much of a fight against its NATO ally even if it wanted to—though Washington’s meager aging fleet of icebreakers would make any naval operations in the polar north a challenge. (The will of the Greenlanders appears to be a secondary consideration in Washington.)
But Denmark is not powerless in the matter. On the contrary, it has several trump cards—so to speak—up its sleeve. For starters, the Scandinavian country is home to Maersk, the world’s second-largest container-shipping company by cargo capacity. Most of the world’s nonliquid cargo is transported in containers, and in 2023, the Danish shipping line transported some 24 million worth of them on its 672 ships. Maersk is so large that the firm’s ships account for an estimated 14.3 percent of the global container ship fleet.