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February 8, 2025

USA

Ozempic: Denmark’s Secret Weapon in the Greenland Power Play

If Trump enforces tariffs, Denmark could respond by restricting Ozempic supplies, affecting obesity treatment nationwide.

Ozempic: Denmark’s Secret Weapon in the Greenland Power Play

If US President Donald Trump is serious about acquiring Greenland, it could impact obese Americans. Denmark, despite its small population, holds strong economic cards against the United States. The most powerful leverage includes restricting exports of Ozempic and Lego toys.

Since Trump won the presidency, he has repeatedly proposed buying Greenland from Denmark. After taking office, he escalated his stance by threatening tariffs and military action. However, Danish Prime Minister Mette Frederiksen firmly rejected the idea, stating Greenland was “not for sale.” This dispute has increased tensions between the two NATO allies, risking a trade war.

In the past two years, Novo Nordisk’s drugs Ozempic and Wegovy have transformed obesity treatment in the US. The country has one of the world’s highest obesity rates. According to the CDC, 35% of adults in 23 states are obese. A study in the Journal of the American Medical Association found Ozempic prescriptions surged 400% from 2021 to 2023.

Currently, Ozempic costs nearly $1,000 per pack in the US without insurance. Wegovy is priced at $1,300 per pack. The US already pays more than other countries for these drugs. If Trump imposes high tariffs on Denmark, the prices could rise further. In 2023, the US imported $5.7 billion worth of medicines from Denmark, according to Trading Economics.

Even if the US wants to produce semaglutide-based drugs, it lacks essential resources. The key ingredient, semaglutide, is manufactured only in Denmark. This makes the US highly dependent on Danish pharmaceutical exports.

Denmark is also home to Lego, the world’s largest toymaker, which is popular among American children. Additionally, Denmark is a leading supplier of hearing aids to the US.

If Trump enforces tariffs, Denmark can retaliate by limiting exports of these essential goods. This would create economic pain for the US, impacting healthcare and consumer markets. Thus, Denmark has significant leverage in this geopolitical conflict.

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