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U.S. President Donald Trump has proposed financial incentives for Greenland residents to support secession from Denmark, with American billionaire Ronald Lauder backing this initiative through investments in local companies.

Lauder's involvement includes participation in a hydroelectric project aimed at boosting Greenland's export revenues and public finances, as well as a venture to bottle local water. Experts emphasize Trump's reliance on private associates like Lauder for foreign policy matters in the Arctic.