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Thanks for listening to the Rest is Politics. To support the podcast, listen without the adverts and get early access to episodes and live show tickets, go to therestispolitics.com that's therestispolitics.com hi there, it's Alastair here. This week we're releasing the second episode in our miniseries on the battle for the Arctic. It is a vital, often overlooked political issue that is so significant to so many of the big names in global politics. So in this episode, we're looking at why does Donald Trump really want Greenland? We're looking at China's role in the region and also some of the incredible stories of how Russia is spying using whales to help it. If that sounds good to you, here is a clip from the episode. To hear the full thing, get all the benefits of a trip membership, sign up@the restispolitics.com let's just turn now to Trump and Greenland. It is incredible how I mean, it's true he mentioned it in his first term and he talked about it, but he said it's not a top priority. I'd like it one day, maybe that can happen. But then I came across this, partly because I was looking into the Epstein files, came across this story about a guy called Ronald Lauder. Now, the most famous Lauder that I know is Harry Lauder, who's a former Scottish musician, but Estee Lauder Cosmetics, this is her son, a billionaire, a Trump supporter. And it turns out he's the guy who put into Trump's mind the idea that maybe part of making America great again is to make America bigger. And Greenland is really, really. And he then went and started to invest in Greenland, as others have done. As I read somewhere, you've had Sam Altman, you've had Bill Gates, you've had Jeff Bezos kind of sniffing around some of the investments that there might be in Greenland. But what's your take on why you're president? I know you're not a supporter of his, but what's your take on why he went from that first term? Yeah, kind of interesting. Might look at it one day to it seeming to be literally almost as big an obsession as the Arctic is with you.
B
Well, according to two independent reports, Lauder, who went to the Wharton School of Business with Trump back in the day, is the one who whispered in his ear that Greenland could be valuable for X number of things. I think we can under our mind the notion that Trump is a lame duck president. He's got three years left. He might lose the House and the Senate in the midterm elections. So he's going full bore on a lot of different things. He's also taking credit for a lot of the agreements that the Biden administration struck, whether it be the. The port, the deep water port in Nome that's being constructed by the Army Corps of Engineers, or the ice pack between Finland, Canada and the US to build icebreakers. So I think that it's become more important for Trump because he's on his way out, But I think that there's a desire in his administration to claim successes that were already had. For instance, when Trump was in Davos, he met with Mark Rude, the Secretary General of NATO, and they struck this quote, unquote, framework that nobody knows the details about. But ostensibly, it's just an acknowledgment of the 1951 agreement between the Kingdom of Denmark and the US and so as long as the US populace remains uneducated about Greenland, Trump can claim victory on that the same way he did with Chinese tariffs, first making them astronomically high and then lowering them to the rate that they were initially and claiming a win. So I think that there's a desire to just chalk up more and more victories that are on their face, false.
A
I just want to, you know, drill down a little bit on this Trump stuff, because Trump being Trump, I think it was when he did an interview for the book the Divider with Peter Baker and his wife, Susan Glasser, and he talked about, you know, well, I love looking at maps, and I saw a map and I thought, hey, Greenland. And he. And he wants to say it was all his idea, and everybody has to say it was his idea. But this guy, it seems to me this guy Lauder really was sort of pushing him. And of course, Lauder, he's a big business guy. He's an art collector, he's a MAGA donor. As I say, he was in the Epstein files because Epstein's and Lauder's staff were arranging lunches for each other. And this was after we all knew about Epstein having been jailed and all that stuff. But the other thing is he's the father in law of none other than Kevin Walsh, who is about to become, if Trump has his way, the chairman of the Federal Reserve. So it's all kind of, you do get a sense, sense that business is a big part of what this Greenland push is about, and that, presumably, is to do with mineral exploration.
B
I get extremely frustrated by that line of thinking, in part because what you're saying, in essence, is that These octogenarians are somehow having the foresight of mind and care for their heirs to want to explore and build out infrastructure and commerce in places that are not going to turn a profit for 50 years. That's how icebound Greenland is.
A
Okay.
B
And there's no logical precedent to say that the US Considers the future beyond four years with the change of presence, maybe eight years. You know, the longevity of thinking that is necessary for, for benefiting from the Arctic is immense. China does it well, as we know. Russia is doing it in a different way, but better. The US Simply doesn't have the capacity to say we are thinking 50 years down the road. We don't have that luxury. So to say we're going to develop Greenland for benefit of Cryolife, for rubies, for, you know, for all the, all the minerals that you spoke about in the last episode is, is. Is bonkers. You know, the quick return on investment that these guys, the Estee Lauder heir, Trump International heirs, that's not going to happen here.
A
So do you think it is much more about just adding territory like Alaska was added by buying it? And if you get Greenland, he leaves office saying, I didn't just make America great in his own head, I made it bigger as well. Is that what this is about?
B
I think so. But I also think if we look at the new national security strategy, it does take a hemispheric approach and sort of torpedoes the transatlantic partnership. Right. And there is something to be said for maybe this is a smart way forward for American national security to say we're going to consolidate and look at the Western Hemisphere and this part of the world in which we have close proximity to and not worry about what's happening in Europe and the rest of the world and Eurasia, maybe there is some benefit to that. And I think that that's a different idea. It's certainly not one we've discussed in the past. But there is some validity to the argument whether or not Trump wants to increase the American gdp, geography, maybe. I don't know. You know, he is a, you know, a tempestuous guy who has an ego bigger than Greenland.
A
So we'll see what you, the people that, you know who live in Greenland, or not just Greenland, but the whole, the whole area, but particularly Greenland, because he's been so much the focus of the international debate. And I was in Davos for Trump's speech and, you know, it was clearly, it was huge part of what was going on there. Everybody was talking about Greenland. And I kept thinking, like my dad's from the Hebrides. Right. Kind of little islands. And, you know, I kept thinking, what would it be like if the Hebrides suddenly became the place that the whole world is talking about? People would find it quite difficult. So what was it like for the people, you know, in Greenland suddenly to be this center of global attention and have J.D. vance's wife say she's coming to the sled race and then, no, you're not. Okay, JD's coming in. I mean, it's been a bit weird, isn't it?
B
Yeah. And I, and you know, as an American, as an American journalist poking around, most of the residents that I spoke to recognized that I was coming with this understanding that, you know, Trump had ratcheted up discussions and, and former Secretary of State Mike Pompeo had ratcheted up these discussions about one in Greenland. But I remember I got waylaid in the, was it northeastern part of the country? Because there was ice clouds, so the, the helicopter that I was supposed to take to a small little village was not going to take off. And I was away late at the airport there. And so I end up helping one of the workers there, who's Inuit, airport worker, paint the floor of a hangar. And that is just how we spent our afternoon, just with roller brushes painting the floor. And we got to talking and he pretty much echoed everything that I heard elsewhere in the country, which was, you know, I love Denmark, the kingdom of Denmark, if I may. I love going there. I think it's a great country and I appreciate all their support for us, but I think it's crazy that we would want to be independent because as much as I, as I value independence, as much as I value self determination as a, as an Inuit person and as a people, as the people of Greenland, I also like the block rent that they give us every year to sustain our economy and also free flights to and from Copenhagen. So there's this divide internally of saying, well, we want independence, but we want to keep things the way they are.
A
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Podcast Episode Summary: The Rest Is Politics
Episode Title: Why Trump Wants Greenland
Date: February 23, 2026
Hosts: Alastair Campbell (A) & Rory Stewart (B)
In this episode, Alastair Campbell and Rory Stewart delve into the growing geopolitical focus on Greenland, with a special emphasis on Donald Trump’s renewed interest in acquiring the territory for the United States. They unpack the mix of personal, business, and national security motivations driving US interest, explore the involvement of influential individuals like Ronald Lauder, and reflect on how these international maneuvers affect local populations. The conversation highlights how the Arctic—and Greenland in particular—has become a stage for political and strategic ambition among the US, China, and Russia.
Desire to Claim Successes
Trump’s Pattern of Victory Claims
Role of Ego and Legacy
Skepticism of Economic Motives in Greenland
The US Strategic Time Horizon
Strategic Realignment
Territorial Expansion for Legacy
The Impact of Global Attention
On-the-Ground Reality for Greenlanders
Desire for Independence vs. Economic Stability
“Maybe part of making America great again is to make America bigger.”
— Alastair Campbell, channeling Ronald Lauder’s logic ([00:37])
“He is a tempestuous guy who has an ego bigger than Greenland.”
— Rory Stewart, on Trump’s motivations ([06:56])
“The longevity of thinking that is necessary for benefiting from the Arctic is immense. China does it well, as we know. Russia is doing it in a different way, but better. The US simply doesn’t have the capacity to say we are thinking 50 years down the road.”
— Rory Stewart ([05:20])
“As much as I value independence, as much as I value self-determination...I also like the block rent that they give us every year to sustain our economy and also free flights to and from Copenhagen.”
— Inuit airport worker in Greenland, via Rory Stewart ([08:40])
The conversation is informal but deeply informed, blending lighthearted moments (such as painting a hangar floor in Greenland) with pointed, analytic debate. Both Campbell and Stewart demonstrate their trademark facility at “disagreeing agreeably,” weaving personal anecdotes, history, and international affairs into a rich, engaging discussion.
This episode of The Rest Is Politics offers an insightful exploration of why Greenland has become such a hotspot—from Trump’s personal ambitions and business ties, to the broader security rethinking in Washington, to the perspectives of those living on Greenland’s icebound shores. The discussion moves deftly from elite intrigue to everyday realities, making a compelling case that the battle for the Arctic is more than a news-cycle curiosity—it’s a window onto the future of global politics.