Former President of the United States Donald Trump made a series of astonishing statements at a press conference at Mar-a-Lago today, including: using "economic power" to annex Canada, renaming the Gulf of Mexico to "American Gulf", taking control of the Panama Canal and Greenland, and threatening Hamas with dire consequences if they do not release Israeli hostages, stating that a major disaster will occur in the Middle East. (Background: The probability of establishing a Bitcoin reserve dropped to 31% within 100 days of Trump's administration, with two possible pathways.) (Context: Trump hopes Bitcoin will "break through $150,000" early in his term: The recent increase is largely thanks to me...) The U.S. Congress officially certified former President Donald Trump as the winner of the presidential election last November on Monday, making him the 47th President of the United States. Trump, who is set to take office on January 20 of next year, held an 80-minute press conference at Mar-a-Lago today, showcasing his eccentric personality and making several statements that shocked the world. Here are the key points that garnered global media attention during Trump's press conference today: Canada should become the 51st state of the U.S. Trump reiterated that Canada should become the "51st state" of the United States, stating that he would use "economic power" to annex Canada and denied considering the use of military force for occupation. He pointed out that Canada has a small military and relies on U.S. military power for its defense, saying they must pay for that. He also told the media that the U.S.-Canada border is merely an "artificially drawn line". After Canadian Prime Minister Justin Trudeau resigned on Monday, Trump encouraged former NHL player and coach Wayne Gretzky to run for this position, joking that the position should be called "Governor". Trudeau later fired back on X, stating, "The possibility of Canada becoming part of the U.S. is negligible; Canada will never become part of the U.S.", emphasizing that the workers and communities of both countries benefit from being each other's largest trade and security partners. Gulf of Mexico renamed to "American Gulf" Trump also mentioned the significant trade deficit between the U.S. and Mexico, indicating that the situation will change in the future. He even announced plans to rename the Gulf of Mexico to "American Gulf", emphasizing that the U.S. "does most of the work there, that is ours", and stated that Mexico must stop allowing millions of people to flood into the U.S. "We will rename the Gulf of Mexico to American Gulf; it has a beautiful ring to it. American Gulf covers a large territory, what a beautiful name. It is appropriate." He reiterated plans to impose a 25% overweight tariff on Canada and Mexico, stating that the U.S.-Mexico and Canada border has become a pipeline for drugs entering the U.S. Aiming to take control of the Panama Canal and Greenland Trump threatened to use military force to seize control of the Panama Canal and Greenland, arguing that these areas are extremely important for U.S. national security, claiming that China has essentially taken over the Panama Canal. Trump again accused Panama of charging excessive tolls to U.S. ships and the Navy regarding the Panama Canal, stating that the U.S. spent what amounts to trillions of dollars and the lives of 38,000 workers to build the most expensive project in U.S. history, yet the U.S. is not treated fairly now. He also mentioned the U.S. plan to buy the Danish autonomous territory of Greenland, suggesting that Greenlanders could hold a referendum to either become independent or join the U.S. He threatened that if the Danish government does not cooperate, he would impose high tariffs on Denmark; he pointed out that there are Chinese and Russian ships everywhere near Greenland, emphasizing that the U.S. must buy Greenland for "economic security" and to "protect the free world". In response to Trump's accusations, Panamanian President Jose Raul Mulino firmly denied, stating that "Beijing has absolutely not interfered in canal affairs." The Panamanian Foreign Minister insisted that Panama's sovereignty over the Panama Canal is "non-negotiable". Danish Prime Minister Mette Frederiksen responded to Danish television, stating: "Greenland belongs to the people of Greenland", and only local residents can decide their own future. She stated that the Prime Minister of Greenland has made it very clear that "the people of Greenland strongly support that Greenland will not be sold and will not be sold in the future." While Trump was speaking, his eldest son Donald Trump Jr. was visiting Greenland. Trump wrote on Truth Social on Tuesday: "Greenland and the free world need safety, security, strength, and peace! This is a deal that must happen. MAGA. Make Greenland great again." Hamas will face a major disaster if they do not release Israeli hostages Trump also stressed that he would address the Russia-Ukraine war upon taking office, calling for NATO allies to raise their defense budgets to 5% of GDP. Additionally, regarding the war between Israel and Hamas, Trump issued a stern warning to Hamas, vowing that if they do not release Israeli and American hostages held in the Gaza Strip by the time he assumes the presidency, they will pay a heavy price, stating that "a major disaster will occur in the Middle East", and this is not good for Hamas or anyone else. Related reports Bitcoin breaks through $102,000! Trump rumored to relax tariff policies, Nvidia, TSMC ADRs hit new highs Will the Russia-Ukraine war end this year? Zelensky: Trump's tough stance will deter Putin Bitcoin expected to break $200,000! Financial Times 2025 full forecast: Trump launches a tariff war, Russia-Ukraine ceasefire, U.S. stock market growth slows.. Was Trump's inauguration the "Bitcoin low point"? Yellen warns that the U.S. debt ceiling date is between January 14-23. "Trump's press conference 'crazy statements' five key points: to annex Canada, take control of the Panama Canal and Greenland.." 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