Trump Touts $1.5 Trillion Trade Deals at Davos 2026, Renews Push for Greenland

Partners or targets? Donald Trump's return to Davos showcased a vision of the world where loyalty's measured in investment dollars and strategic territory. On January 21, 2026, the U.S. President delivered a special address at the World Economic Forum, touting what he called "historic" trade deals while doubling down on his controversial ambition to acquire Greenland.

Trump Davos 2026: Historic Trade Deals and Global Partnerships

Trump highlighted massive investment commitments from the European Union, Japan, and South Korea, which together cover 40% of all U.S. trade. Under these bilateral agreements, Seoul has committed to investing $350 billion, Tokyo$550 billion, and the EU$600 billion in the United States. In exchange, the administration has lowered reciprocal tariffs to 15%.

The President argued these deals, particularly in the oil and gas sectors, are causing stock markets to boom globally. "When the United States goes up, you follow," he told the audience, contrasting his current success with the "mess" he claims to have inherited from the former Joe Biden administration.

The Greenland Acquisition: Security, Resources, and Reciprocal Leverage

The most striking part of the speech was the renewed push for Greenland. Trump described the island as a "core national security interest," citing its strategic location between the U.S., Russia, and China, as well as its vast reserves of rare earth elements. He criticized Denmark as "ungrateful," reminding them that the U.S. defended the territory during World War II.

Crucially, Trump explicitly ruled out the use of military force for the takeover, despite previous hints from White House Press Secretary Karoline Leavitt. "I don't have to use force. I don't want to use force," Trump stated, while noting that the U.S. is a "great power" as evidenced by the recent military operation that captured Nicolas Maduro in Venezuela just two weeks ago.