By bizn_fun 
Announcing his decision on Truth Social, Trump said more information would be made available “as discussions progress”.
He added that Secretary of State Marco Rubio and Special Envoy Steve Witkoff would “report directly” to him as negotiations proceed. No further details were provided.
Trump had previously dismissed the idea of a lease agreement, saying that “you defend ownership. You don’t defend leases.”
It also remains unclear what role rare earth minerals could play. Greenland has vast – and largely untapped – reserves of rare earth minerals, many of which are crucial for technologies including mobile phones and electric vehicles.
Globally, the Arctic territory ranks eighth for earth minerals, according to a recent analysis from the Washington-based Center for Strategic and International Studies.
Trump had said he was planning to place a 10% tariff “on any and all goods” sent from the UK to the US from 1 February, increasing to 25% from 1 June, until a deal is reached for Washington to purchase Greenland from Denmark.
The same would apply to goods from Denmark, Norway, Sweden, France, Germany, the Netherlands and Finland – all of which are members of Nato, the defence alliance founded in 1949.
In an earlier address at the World Economic Forum in Davos, Switzerland, Trump said he was “seeking immediate negotiations” to acquire Greenland, but insisted he “won’t use force” to take over the territory.
“We probably won’t get anything unless I decide to use excessive force. We’d be unstoppable, but we won’t do that,” Trump said on Wednesday. “I don’t have to use force. I don’t want to use force. I won’t use force.”
He also urged world leaders to allow the US to take control of Greenland from Denmark, saying: “You can say yes and we will be very appreciative. Or you can say no and we will remember.”