Loading...
The Nordic region is in a state of acute geopolitical and economic crisis driven by Trump's persistent campaign to acquire Greenland, which has triggered EU tariff retaliation, a NATO military buildup on the island, and mass public protests across Denmark and Greenland.
January 2026
Week of Jan 26, compared to 12-week average
Top sources covering Nordic Countries
Financial markets are volatile and transatlantic trade is in disarray due to Trump's tariff threats over Greenland. Stock markets fell sharply and gold prices rose as Trump announced and then dropped tariffs, causing a major trade deal to stall and prompting the EU to plan counter-tariffs.
Diplomatic relations are severely strained as Trump publicly pressures Denmark and the EU over Greenland. Trump used the Davos forum to insult Denmark and link his Greenland interest to the Nobel Prize, while Denmark has firmly rejected US overtures and European leaders have united in criticism.
A significant NATO military reinforcement of Greenland is underway in direct response to Trump's threats. Denmark is sending more troops and proposing NATO surveillance, while European allies are conducting exercises and a senior German general warns the rift makes NATO vulnerable to Russia.
Public sentiment is dominated by widespread defiance and protest against US acquisition efforts. Thousands have demonstrated in Denmark and Greenland, with locals explicitly rejecting Trump's interest, reflecting a unified societal front against external pressure.
