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Barchart
Barchart
Pathikrit Bose

Trump Wants Greenland. Why That Could Be Bad News for Novo Nordisk Stock.

President-elect Donald Trump has asserted that, due to national security interests, he intends to acquire Greenland and incorporate it as part of the United States. 

Beyond security, Greenland is rich in rare-earth elements and has a plethora of oil and gas deposits, further enhancing its allure for Trump. Notably, Trump has even threatened to hit Denmark with his favorite weapon - tariffs - to force the Scandinavian country to give up the world’s largest island. Greenland is an autonomous territory of Denmark.

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