Trump allies have cited the island's continued role in missile defense infrastructure, accusing Denmark of leaving it vulnerable to potential Russian and Chinese influence.

Trump administration officials are set to meet with Danish officials about Greenland on Wednesday, diplomatic sources tell CBS News.

The president's advisers would tell him the move would spell real danger for American interests, the former UK ambassador to the US believes.

The senator's comments come after President Donald Trump said the U.S. would "do something on Greenland, whether they like it or not."

Greenland's party leaders rejected President Trump's repeated calls for the U.S. to take control of the island, saying that Greenland's future must be decided by its people.

In addition to political resistance, Greenland’s mineral riches and strategic position would come at a steep cost for the U.S.

U.S. President Donald Trump has repeatedly threatened Greenland and says Washington must take control of the strategically located island

Trump’s threat to annex an autonomous part of Denmark has plunged NATO into an unprecedented situation: An alliance based on collective defense now faces the prospect that one member might attack another.

Observers say prediction markets can reflect the so-called wisdom of the crowd when it comes to questions of the day.