IBOV 168,334 ▲ 0.03% IPSA 10,888 ▲ 0.47% IPC MEX 67,705 ▼ 0.82% MERVAL 3,291,322 ▼ 1.26% COLCAP 2,502.96 ▲ 4.02% BVL PERÚ 57,309.08 ▲ 1.03% USD/BRL5.15▼ 0.33% USD/MXN17.35▲ 0.21% USD/CLP903.15▲ 0.19% USD/COP3,436▼ 0.66% USD/PEN3.38▼ 0.08% USD/ARS1,463▲ 0.83% USD/UYU39.97▲ 0.34% USD/PYG6,069▲ 1.05% USD/BOB6.86▲ 1.56% USD/DOP58.33▲ 0.80% USD/CRC450.55▲ 1.88% USD/GTQ7.62▲ 2.25% USD/HNL26.67▲ 1.34% USD/NIO36.62▲ 0.67% USD/VES605.87▲ 3.27% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.53▼ 0.24% USD/TTD6.70▲ 0.55% EUR/BRL5.91▲ 0.28% BRENT 80.59 ▲ 0.93% WTI 76.54 ▼ 0.08% IRON ORE 161.91 — — COPPER 6.34 ▼ 0.59% GOLD 4,173 ▼ 1.21% SILVER 64.91 ▼ 2.03% SOY 1,142 ▲ 0.88% CORN 444.25 ▲ 5.52% WHEAT 613.25 ▲ 0.08% COFFEE 256.10 ▼ 7.83% SUGAR 14.14 ▲ 2.09% ORANGE JUICE 158.20 ▲ 6.28% COTTON 79.33 ▲ 3.16% COCOA 4,362 ▲ 5.26% BEEF 246.75 ▼ 3.51% CATTLE 366.93 ▼ 0.14% LITHIUM 82.15 ▼ 1.11% PETR4 38.80 ▼ 0.13% VALE3 80.75 ▲ 1.01% ITUB4 39.87 ▼ 0.64% BBDC4 17.47 — 0.00% ABEV3 16.05 ▼ 1.05% BBAS3 19.42 ▼ 0.56% B3SA3 14.41 ▲ 0.56% WEGE3 45.16 ▼ 1.42% PRIO3 57.20 ▲ 0.40% SUZB3 43.23 ▼ 0.80% RENT3 40.12 ▲ 0.07% AZZA3 17.56 ▲ 8.33% CSAN3 3.49 ▲ 2.65% RAIZ4 0.42 ▲ 5.00% PCAR3 2.03 ▲ 12.78% GMAT3 3.90 ▲ 1.83% PSSA3 52.50 ▲ 0.04% CVCB3 1.22 ▼ 1.61% POSI3 4.00 ▲ 5.54% SLCE3 13.60 ▲ 0.44% NATU3 7.50 ▲ 0.94% BRKM5 7.50 ▼ 0.13% RANI3 7.90 ▲ 0.51% CSNA3 5.26 ▲ 1.54% CMIN3 4.32 ▲ 2.61% USIM5 9.17 ▲ 0.77% GGBR4 21.66 ▲ 0.05% ENEV3 24.49 ▲ 1.62% NEOE3 33.80 — 0.00% CPFE3 43.88 ▼ 0.30% CMIG4 10.68 ▼ 0.37% EQTL3 37.05 ▲ 0.52% LREN3 14.29 ▲ 2.14% VIVT3 32.46 ▼ 0.67% RAIL3 12.45 ▲ 0.97% KLABIN 17.13 ▼ 0.58% RAIA DROGASIL 16.25 ▼ 1.81% RDOR3 33.60 ▲ 1.05% HAPV3 10.31 ▼ 2.55% FLRY3 14.93 ▲ 0.67% SMTO3 14.93 ▼ 0.27% UGPA3 25.10 ▲ 1.09% VBBR3 28.80 ▲ 0.73% BBSE3 38.90 ▼ 1.37% BPAC11 50.64 ▼ 0.41% CURY3 33.27 ▲ 1.68% AERI3 2.24 ▼ 0.44% VIVARA 20.85 ▼ 1.00% COMPASS 24.28 ▼ 1.70% VAMOS 2.68 ▼ 1.11% SANB11 26.88 ▲ 0.60% ASAI3 7.65 ▼ 0.39% SBSP3 26.96 ▲ 0.22% WALMEX 50.96 ▲ 1.33% GMEXICO 207.50 ▼ 3.34% FEMSA 217.40 ▼ 0.87% CEMEX 21.52 ▼ 3.15% GFNORTE 189.48 ▼ 1.07% BIMBO 58.92 ▲ 3.33% TELEVISA 10.05 ▼ 4.19% AMX 23.61 ▲ 2.74% GAP 436.88 ▼ 0.71% ASUR 308.21 ▲ 2.26% OMA 238.13 ▼ 3.57% KOF 181.26 ▼ 4.57% GRUMA 287.07 ▼ 0.56% KIMBER 38.37 ▲ 3.84% SQM-B 73,200 ▲ 1.74% COPEC 5,860 ▼ 0.02% BSANTANDER 74.00 ▲ 0.41% FALABELLA 6,065 ▼ 0.56% ENELAM 82.51 ▲ 9.58% CENCOSUD 2,116 ▼ 2.06% CMPC 1,041 ▼ 1.32% BANCO CHILE 180.01 ▼ 1.35% LATAM AIR 25.25 ▲ 0.52% YPF 76,425 ▲ 0.39% GGAL 8,260 ▼ 2.82% PAMPA 5,190 ▼ 0.57% TXAR 674.50 ▼ 0.88% ALUAR 1,000 ▼ 0.99% TGS 9,730 ▲ 2.21% CEPU 2,393 ▲ 1.36% MIRGOR 16,850 ▲ 0.15% COME 45.48 ▼ 0.70% LOMA NEGRA 3,550 ▼ 0.91% BYMA 318.00 ▼ 2.00% TELECOM ARG 4,165 ▼ 0.77% ECOPETROL 16.58 ▲ 5.81% BANCOLOMBIA 81.45 ▲ 1.89% GRUPO AVAL 5.75 ▲ 3.05% CREDICORP 382.76 ▼ 1.08% SOUTHERN COPPER 192.93 ▲ 0.65% BUENAVENTURA 32.58 ▼ 4.85% MERCADOLIBRE 1,635 ▲ 0.20% NUBANK 12.71 ▼ 1.40% XP 15.30 ▼ 0.78% PAGSEGURO 8.82 ▼ 1.01% STONE 10.59 ▼ 1.67% GLOBANT 30.74 ▼ 11.18% TECNOGLASS 45.97 ▲ 1.86% GAP AIRPORT 254.31 ▲ 2.30% ASUR 308.21 ▲ 2.26% OMA AIRPORT 114.00 ▲ 2.21% AMX ADR 26.46 ▲ 0.04% FEMSA ADR 126.47 ▲ 0.72% CEMEX ADR 12.73 ▲ 1.03% PETROBRAS ADR 16.75 ▼ 0.24% VALE ADR 15.42 ▼ 0.71% ITAU ADR 7.79 ▼ 2.26% SANTANDER BR 5.20 ▼ 3.17% AMBEV ADR 3.12 ▼ 0.64% CSN 1.03 ▼ 8.04% GERDAU 4.17 ▼ 7.13% LATAM ADR 55.85 ▲ 2.40% BTC 64,364 ▲ 1.30% ETH 1,737 ▲ 1.52% SOL 73.66 ▲ 5.65% XRP 1.15 ▲ 1.07% BNB 589.53 ▲ 1.44% ADA 0.16 ▲ 0.31% DOGE 0.08 ▲ 0.12% AVAX 6.25 ▲ 5.83% LINK 7.96 ▲ 0.27% DOT 0.97 ▲ 0.88% LTC 44.53 ▲ 1.07% BCH 199.73 ▲ 0.66% TRX 0.33 ▲ 0.76% XLM 0.21 ▼ 1.67% HBAR 0.08 ▼ 0.22% NEAR 2.21 ▲ 0.92% ATOM 1.78 ▼ 1.28% AAVE 75.78 ▲ 3.26% SELIC 14.25% EMBRAER 79.20 ▲ 0.41% EMBRAER ADR 60.70 ▼ 0.99% JBS 11.93 ▼ 2.37% JBS BDR 59.52 ▼ 3.72% MBRF3 15.28 ▼ 1.10% MBRFY 2.96 — 0.00% INTER 5.44 ▼ 2.16% EGX 52,622 ▲ 1.10% USD/ZAR16.39▲ 0.01% USD/NGN 1,358 — 0.00% NIKKEI 71,250 ▲ 0.28% CSI300 4,942 ▲ 0.21% HSI 23,925 ▼ 1.59% NIFTY 24,013 ▼ 0.64% KOSPI 9,052 ▼ 0.13% JCI 6,177 ▲ 0.08% USD/JPY161.28— 0.00% USD/CNY6.76▼ 0.07% DAX 24,986 ▼ 0.16% CAC 8,421 ▼ 0.55% FTSE 10,363 ▼ 0.35% MIB 52,849 ▲ 0.31% IBEX 19,347 ▼ 0.29% STOXX 635.61 ▼ 0.24% EUR/USD1.15▲ 0.10% GBP/USD1.32▲ 0.27% SPX 7,501 ▲ 1.08% DJI 51,565 ▲ 0.14% NDX 30,406 ▲ 2.48% RUT 2,980 ▲ 2.12% TSX 34,857 ▼ 0.32% VIX 16.78 ▲ 2.32% USD/CAD1.42— 0.00% US10Y 4.4510 — 0.00% IBOV 168,334 ▲ 0.03% IPSA 10,888 ▲ 0.47% IPC MEX 67,705 ▼ 0.82% MERVAL 3,291,322 ▼ 1.26% COLCAP 2,502.96 ▲ 4.02% BVL PERÚ 57,309.08 ▲ 1.03% USD/BRL 5.15 ▼ 0.33% USD/MXN 17.35 ▲ 0.21% USD/CLP 903.15 ▲ 0.19% USD/COP 3,436 ▼ 0.66% USD/PEN 3.38 ▼ 0.08% USD/ARS 1,463 ▲ 0.83% USD/UYU 39.97 ▲ 0.34% USD/PYG 6,069 ▲ 1.05% USD/BOB 6.86 ▲ 1.56% USD/DOP 58.33 ▲ 0.80% USD/CRC 450.55 ▲ 1.88% USD/GTQ 7.62 ▲ 2.25% USD/HNL 26.67 ▲ 1.34% USD/NIO 36.62 ▲ 0.67% USD/VES 605.87 ▲ 3.27% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.53 ▲ 0.05% USD/TTD 6.70 ▲ 0.56% EUR/BRL 5.91 ▲ 0.28% BRENT 80.59 ▲ 0.93% WTI 76.54 ▼ 0.08% IRON ORE 161.91 — — COPPER 6.34 ▼ 0.59% GOLD 4,173 ▼ 1.21% SILVER 64.91 ▼ 2.03% SOY 1,142 ▲ 0.88% CORN 444.25 ▲ 5.52% WHEAT 613.25 ▲ 0.08% COFFEE 256.10 ▼ 7.83% SUGAR 14.14 ▲ 2.09% ORANGE JUICE 158.20 ▲ 6.28% COTTON 79.33 ▲ 3.16% COCOA 4,362 ▲ 5.26% BEEF 246.75 ▼ 3.51% CATTLE 366.93 ▼ 0.14% LITHIUM 82.15 ▼ 1.11% PETR4 38.80 ▼ 0.13% VALE3 80.75 ▲ 1.01% ITUB4 39.87 ▼ 0.64% BBDC4 17.47 — 0.00% ABEV3 16.05 ▼ 1.05% BBAS3 19.42 ▼ 0.56% B3SA3 14.41 ▲ 0.56% WEGE3 45.16 ▼ 1.42% PRIO3 57.20 ▲ 0.40% SUZB3 43.23 ▼ 0.80% RENT3 40.12 ▲ 0.07% AZZA3 17.56 ▲ 8.33% CSAN3 3.49 ▲ 2.65% RAIZ4 0.42 ▲ 5.00% PCAR3 2.03 ▲ 12.78% GMAT3 3.90 ▲ 1.83% PSSA3 52.50 ▲ 0.04% CVCB3 1.22 ▼ 1.61% POSI3 4.00 ▲ 5.54% SLCE3 13.60 ▲ 0.44% NATU3 7.50 ▲ 0.94% BRKM5 7.50 ▼ 0.13% RANI3 7.90 ▲ 0.51% CSNA3 5.26 ▲ 1.54% CMIN3 4.32 ▲ 2.61% USIM5 9.17 ▲ 0.77% GGBR4 21.66 ▲ 0.05% ENEV3 24.49 ▲ 1.62% NEOE3 33.80 — 0.00% CPFE3 43.88 ▼ 0.30% CMIG4 10.68 ▼ 0.37% EQTL3 37.05 ▲ 0.52% LREN3 14.29 ▲ 2.14% VIVT3 32.46 ▼ 0.67% RAIL3 12.45 ▲ 0.97% KLABIN 17.13 ▼ 0.58% RAIA DROGASIL 16.25 ▼ 1.81% RDOR3 33.60 ▲ 1.05% HAPV3 10.31 ▼ 2.55% FLRY3 14.93 ▲ 0.67% SMTO3 14.93 ▼ 0.27% UGPA3 25.10 ▲ 1.09% VBBR3 28.80 ▲ 0.73% BBSE3 38.90 ▼ 1.37% BPAC11 50.64 ▼ 0.41% CURY3 33.27 ▲ 1.68% AERI3 2.24 ▼ 0.44% VIVARA 20.85 ▼ 1.00% COMPASS 24.28 ▼ 1.70% VAMOS 2.68 ▼ 1.11% SANB11 26.88 ▲ 0.60% ASAI3 7.65 ▼ 0.39% SBSP3 26.96 ▲ 0.22% WALMEX 50.96 ▲ 1.33% GMEXICO 207.50 ▼ 3.34% FEMSA 217.40 ▼ 0.87% CEMEX 21.52 ▼ 3.15% GFNORTE 189.48 ▼ 1.07% BIMBO 58.92 ▲ 3.33% TELEVISA 10.05 ▼ 4.19% AMX 23.61 ▲ 2.74% GAP 436.88 ▼ 0.71% ASUR 308.21 ▲ 2.26% OMA 238.13 ▼ 3.57% KOF 181.26 ▼ 4.57% GRUMA 287.07 ▼ 0.56% KIMBER 38.37 ▲ 3.84% SQM-B 73,200 ▲ 1.74% COPEC 5,860 ▼ 0.02% BSANTANDER 74.00 ▲ 0.41% FALABELLA 6,065 ▼ 0.56% ENELAM 82.51 ▲ 9.58% CENCOSUD 2,116 ▼ 2.06% CMPC 1,041 ▼ 1.32% BANCO CHILE 180.01 ▼ 1.35% LATAM AIR 25.25 ▲ 0.52% YPF 76,425 ▲ 0.39% GGAL 8,260 ▼ 2.82% PAMPA 5,190 ▼ 0.57% TXAR 674.50 ▼ 0.88% ALUAR 1,000 ▼ 0.99% TGS 9,730 ▲ 2.21% CEPU 2,393 ▲ 1.36% MIRGOR 16,850 ▲ 0.15% COME 45.48 ▼ 0.70% LOMA NEGRA 3,550 ▼ 0.91% BYMA 318.00 ▼ 2.00% TELECOM ARG 4,165 ▼ 0.77% ECOPETROL 16.58 ▲ 5.81% BANCOLOMBIA 81.45 ▲ 1.89% GRUPO AVAL 5.75 ▲ 3.05% CREDICORP 382.76 ▼ 1.08% SOUTHERN COPPER 192.93 ▲ 0.65% BUENAVENTURA 32.58 ▼ 4.85% MERCADOLIBRE 1,635 ▲ 0.20% NUBANK 12.71 ▼ 1.40% XP 15.30 ▼ 0.78% PAGSEGURO 8.82 ▼ 1.01% STONE 10.59 ▼ 1.67% GLOBANT 30.74 ▼ 11.18% TECNOGLASS 45.97 ▲ 1.86% GAP AIRPORT 254.31 ▲ 2.30% ASUR 308.21 ▲ 2.26% OMA AIRPORT 114.00 ▲ 2.21% AMX ADR 26.46 ▲ 0.04% FEMSA ADR 126.47 ▲ 0.72% CEMEX ADR 12.73 ▲ 1.03% PETROBRAS ADR 16.75 ▼ 0.24% VALE ADR 15.42 ▼ 0.71% ITAU ADR 7.79 ▼ 2.26% SANTANDER BR 5.20 ▼ 3.17% AMBEV ADR 3.12 ▼ 0.64% CSN 1.03 ▼ 8.04% GERDAU 4.17 ▼ 7.13% LATAM ADR 55.85 ▲ 2.40% BTC 64,364 ▲ 1.30% ETH 1,737 ▲ 1.52% SOL 73.66 ▲ 5.65% XRP 1.15 ▲ 1.07% BNB 589.53 ▲ 1.44% ADA 0.16 ▲ 0.31% DOGE 0.08 ▲ 0.12% AVAX 6.25 ▲ 5.83% LINK 7.96 ▲ 0.27% DOT 0.97 ▲ 0.88% LTC 44.53 ▲ 1.07% BCH 199.73 ▲ 0.66% TRX 0.33 ▲ 0.76% XLM 0.21 ▼ 1.67% HBAR 0.08 ▼ 0.22% NEAR 2.21 ▲ 0.92% ATOM 1.78 ▼ 1.28% AAVE 75.78 ▲ 3.26% SELIC 14.25% EMBRAER 79.20 ▲ 0.41% EMBRAER ADR 60.70 ▼ 0.99% JBS 11.93 ▼ 2.37% JBS BDR 59.52 ▼ 3.72% MBRF3 15.28 ▼ 1.10% MBRFY 2.96 — 0.00% INTER 5.44 ▼ 2.16% EGX 52,622 ▲ 1.10% USD/ZAR 16.39 ▼ 0.05% USD/NGN 1,358 — 0.00% NIKKEI 71,250 ▲ 0.28% CSI300 4,942 ▲ 0.21% HSI 23,925 ▼ 1.59% NIFTY 24,013 ▼ 0.64% KOSPI 9,052 ▼ 0.13% JCI 6,177 ▲ 0.08% USD/JPY 161.28 ▼ 0.05% USD/CNY 6.7647 ▼ 0.05% DAX 24,986 ▼ 0.16% CAC 8,421 ▼ 0.55% FTSE 10,363 ▼ 0.35% MIB 52,849 ▲ 0.31% IBEX 19,347 ▼ 0.29% STOXX 635.61 ▼ 0.24% EUR/USD 1.1469 ▲ 0.02% GBP/USD 1.3237 ▲ 0.23% SPX 7,501 ▲ 1.08% DJI 51,565 ▲ 0.14% NDX 30,406 ▲ 2.48% RUT 2,980 ▲ 2.12% TSX 34,857 ▼ 0.32% VIX 16.78 ▲ 2.32% USD/CAD 1.4152 ▲ 0.16% US10Y 4.4510 — 0.00%
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Sunday, June 21, 2026

Trump Rules Out Attacking Greenland, Then Frames It As Europe’s Security Payback

By · January 21, 2026 · 2 min read

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Key Points

  • Trump said he will not use force to obtain Greenland, but framed it as a debt Europe should repay
  • He argued Greenland is Danish only because the U.S. returned it after WWII, and he wants title now
  • He used NATO burden-sharing, tariffs, and security threats to justify acquisition talks and pressure Denmark

Donald Trump used Davos to take military escalation over Greenland off the table, then replaced it with a different lever: obligation.

He said he “won’t use force,” but he repeatedly implied Europe, via Denmark and NATO, owes the United States a strategic payoff after decades of U.S. security spending.

In his telling, Greenland is Danish largely because Washington chose to make it so. Trump recounted World War II, arguing Denmark could not defend itself or Greenland, and that the United States stepped in, held the territory, and built bases there.

After the war, he said, the U.S. “gave Greenland back to Denmark,” calling that decision foolish in hindsight.

Trump Rules Out Attacking Greenland, Then Frames It As Europe’s Security Payback
Trump Rules Out Attacking Greenland, Then Frames It As Europe’s Security Payback
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Trump Rules Out Attacking Greenland, Then Frames It As Europe’s Security Payback

The subtext was explicit: what was returned can be renegotiated, especially now that missile-era geography makes the island more valuable. He folded that history into a broader complaint that NATO has “treated” the U.S. unfairly.

He argued America spent vast sums to protect Europe and received little in return, and he portrayed Greenland as a modest request compared to “trillions and trillions” he said the U.S. poured into European defense. He paired the appeal to fairness with a warning: Denmark can say yes or no, but “we will remember.”

Trump also tried to elevate the Greenland case beyond sovereignty into alliance logic. He argued only the U.S. can secure the island’s position between North America, Russia, and China, and said acquiring it would strengthen NATO, not weaken it.

He dismissed minerals as a secondary rationale, stressing deterrence, basing, and future defense infrastructure.

Around that core message, he delivered an economic victory lap and a policy sales pitch. He touted low inflation, strong growth, record market highs, deep deregulation, sweeping tax cuts, higher tariffs, and an energy expansion that includes oil, gas, nuclear, and power-hungry AI.

The overall message was not subtle: he presented American protection as the price of admission to Western security, and he cast Greenland as the overdue receipt.

Related coverage: Brazil’s Morning Call | Trump Drops Greenland Tariff Threat After NATO Talks In Davo This is part of The Rio Times’ daily coverage of global affairs and Latin American financial news.

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