Trump push to buy Greenland could cost the US up to $700B
The United States could be looking at a bill as high as $700 billion if it tried to fulfill President Donald Trump’s long-stated goal of buying Greenland, according to three people familiar with a cost estimate developed for planning purposes.
These sources told NBC News that the estimate was prepared by scholars and former American officials as Trump weighs ways to strengthen America’s position in the Arctic, where Greenland’s massive footprint — about 800,000 square miles — is seen by the Trump administration as a strategic buffer against U.S. adversaries.
The potential price tag would exceed half the Pentagon’s annual budget, a figure that has fueled concern in Europe and on Capitol Hill amid Trump’s renewed rhetoric about acquiring Greenland “one way or the other.”
The semi-autonomous Danish territory has repeatedly said it is not for sale, and officials from both Copenhagen and Greenland have rejected the idea that the United States could simply seize control of the island.
Still, a senior White House official told the outlet that Secretary of State Marco Rubio has been directed to produce a proposal in the coming weeks to purchase Greenland, calling it a “high priority” for Trump.
Rubio and Vice President JD Vance are scheduled to meet Wednesday with officials from Denmark and Greenland, who have traveled to Washington, D.C., seeking clarity on Trump’s intentions.
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