(Finance) – Conquest of new territories and re-appropriation of old possessions. In the first press conference of the year, even before taking office, Donald Trump – from the White House in winter, his Mar-a-Lago resort – has already, in order, warned Panama and Greenland that he does not rule out the use of military force against them, threatened Canada and Denmark with tariffs , announced that he wanted to change the name of the Gulf of Mexico and – as expected – warned NATO allies that his administration could ask for an increase in defense spending of up to 5% of GDP.
Born: towards a significant increase in expenses
As widely expected, Trump has already started to raise cash on the NATO front by announcing a possible significant increase in expenses destined to significantly weigh on Italy. Speaking about defense spending for NATO allies, Trump said: “Everyone can afford it, but it should be 5% and not 2%.”
Prime Minister Meloni’s visit to the USA
No indiscretion on the real reasons for the visit of Prime Minister Giorgia Meloni. “The other leaders showed great respect for our country. Italian Prime Minister Meloni flew here for a few hours just to see me,” Trump said.
Possible use of military force to conquer Panama and Greenland. Economic force against Canada
Trump has not ruled out the use of military force for a possible reconquest of the Panama Canal and annexation of Greenland. “I can’t give assurances on either issue,” Trump responded, when asked by a reporter whether he would rule out “the use of military military force or economic coercion” toward Panama-Greenland. “But – he added – I can say this: we need it for economic security. The Panama Canal was built for our military.” Trump has said he is considering tariffs against Denmark in relation to Greenland, which he would like to annex to the US. Trump also intends to use “economic force” against Canada, the country that the president-elect would like to become the 51st American state.
The “Gulf of America”
Trump announces plans to rename the Gulf of Mexico. “We’ll call it the Gulf of America, what a great name!” the president-elect said in a speech at Mar-a-Lago.
Twenty billion investments in data centers by the Emirates
Trump announced 20 billion in investments to build data centers in the US by the United Arab Emirates real estate billionaire, Hussain Sajwani, founder and president of Damac. In a speech at Mar-a-Lago alongside the investor, the tycoon explained that the data centers will be built in various states. “We are very excited about this new presidency,” the billionaire said.
Environmental permits for those who invest over a billion in the USA
Trump reiterates that his administration will facilitate environmental permits for companies that invest over a billion dollars in the US. The president-elect also reiterated that Joe Biden’s ban on offshore drilling “will not remain in place.”