• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 19th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
U.S. President-elect Donald Trump makes remarks at Mar-a-Lago in Palm Beach, Florida, U.S. January 7, 2025. Carlos Barria
U.S. President-elect Donald Trump makes remarks at Mar-a-Lago in Palm Beach, Florida, U.S. January 7, 2025. Carlos Barria
Home
World
World

Trump won't rule out military, economic action as he seeks control of Panama Canal, Greenland

January 7th, 2025 | 17:24 PM WORLD 3

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Explainer: What you need to know about Iceland's EU referendum
Fish, ships and sovereignty: Iceland weighs its European future
Most Americans believe Trump has inappropriately profited since returning to power, Reuters/Ipsos poll finds
Second suspect in Nord Stream case arrested in Croatia, say German prosecutors
By Steve Holland, Joseph Ax

President-elect Donald Trump declined on Tuesday to rule out military or economic action as part of his avowed desire to have the U.S. take back control of the Panama Canal and acquire the Danish territory of Greenland.

Asked at a press conference whether he could assure the world that he would not use military or economic coercion as he tries to gain control of the Panama Canal and Greenland, Trump said, "No, I can't assure you on either of those two. But I can say this, we need them for economic security."

The extraordinary statement came as Trump further outlined an expansionist agenda, two weeks before he is sworn into office at the Jan. 20 inauguration in Washington.

He reiterated his interest in making Canada into a U.S. state and criticized American spending on Canadian goods and military support for Canada, one of the country's closest allies.

Trump suggested he would impose tariffs on Denmark if it resists his offer to purchase Greenland, which he said is vital to U.S. national security. Denmark has said Greenland is not for sale.

Trump also vowed to change the name of the Gulf of Mexico to the Gulf of America and repeated his promise to impose significant tariffs on Mexico and Canada.

"It covers a lot of territory," he said of the Gulf. "'The Gulf of America.' What a beautiful name."

His promise to rename the Gulf echoed his previous vow to revert the name of Denali, the highest mountain peak in North America, to Mount McKinley. Former President Barack Obama changed the name of the Alaskan mountain in deference to Native Americans.

Typically, the U.S. Board of Geographic Names sets geographic names, though presidents have also renamed geographic features via executive action.

Mexican and Panamanian authorities did not immediately comment. Panamanian President Jose Raul Mulino has previously rejected the notion of turning the canal back to the U.S., which had owned it before handing over control to Panama in 1999.

Trump said NATO members should spend 5% of their gross domestic product on defense, a significant increase from the current 2% target.

"I think NATO should have 5%," he said. "They can all afford it, but they should be at 5%, not 2%."

Trump has frequently complained that most NATO members are not paying their fair share, and he floated demanding an increase in NATO defense contributions during the campaign.

The press conference, Trump's second since he won the Nov. 5 election, took place one day after Congress formally certified his victory.

The Jan. 6 certification, a basic and largely ceremonial step required by the U.S. Constitution, was disrupted in 2021 when a mob of Trump supporters stormed the Capitol building in a failed effort to forestall President Joe Biden's win over Trump. Monday's ceremony took place under heavy security but proceeded without drama.

(This story has been refiled to correct the date to Tuesday from Monday in paragraph 1)

  • Topic
  • USA
  • TRUMP/ (CORRECTED, UPDATE 1, PIX, TV)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Explainer: What you need to know about Iceland's EU referendum

Related Posts

World
August 19th, 2026

Explainer: What you need to know about Iceland's EU referendum

World
August 19th, 2026

Fish, ships and sovereignty: Iceland weighs its European future

World
August 19th, 2026

Most Americans believe Trump has inappropriately profited since returnin...

World
August 19th, 2026

Second suspect in Nord Stream case arrested in Croatia, say German prose...

World
August 19th, 2026

Ukrainian shuttlers voice pain of war at World Championships

World
August 19th, 2026

KKR leads bidding race for minority stake in Malaysia's Avisena, sources...

The Wire
Aug 19th 4 h ago
Litigation

Greater regulatory scrutiny no bar to mining mergers, bosse...

Aug 19th 4 h ago
Energy

Turkey is ready to search for oil and gas in Syria, Turkish...

Aug 19th 5 h ago
Technology

Nebius plans $4.5 billion convertible debt sale to fund dat...

Aug 19th 5 h ago
Baseball

Now healthy, Blue Jays' Max Scherzer takes aim at Rays

Aug 19th 5 h ago
Retail & Consumer

Off-price retailer TJX raises annual profit forecasts

TRENDING ON FINANCETIME
Aug 19th, 2026 Business

European corporate outlook keeps improving as recovery goes beyond energy profits

Aug 19th, 2026 Baseball

With Jo Adell in question, Guardians chase series win vs. Giants

Aug 19th, 2026 Technology

Analog Devices' quarterly forecast tops estimates on AI-fueled chip demand

Aug 19th, 2026 India

Global shocks, IPO wave could temper India's earnings-led market revival, Abakkus Investment says

Aug 19th, 2026 Africa

Egypt to widen cash subsidy scheme to cover more essential foods

Markets-Sectors
HEALTHCARE +1.60%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT