Far from all Americans support Trump's advance on Greenland |
President Trump isn’t ushering in a golden age but rather an age of gold. The precious metal has hit an all-time high of $4,650 (£3,466) an ounce following his latest threats to levy tariffs against Europe over Greenland. By contrast, the geopolitical ructions over Greenland mean that the once-proud dollar has continued to tumble against foreign currencies, jeopardising its status as the world’s reserve currency.
A number of Congressional Republicans, including Louisiana Senator John Kennedy, are voicing their doubts about the wisdom of Trump’s eagerness to cosplay Russian president Vladimir Putin seizing Crimea. Kennedy referred to the notion of invading Greenland as ‘weapons-grade stupid’. The latest conservative figure to join the chorus of doubters is Trump’s former vice president Mike Pence.
On Sunday, Pence conceded that it was a neat idea for America to own the Danish territory but uttered a Jeeves-like cough of disapproval about Trump’s brusque methods:
I have concerns about using what I think is a questionable constitutional authority, imposing unilateral tariffs on Nato allies to achieve this objective, as much as I had concerns about the threat of a military invasion, which apparently is no longer being talked........