Greenland may become independent if its residents want, but is unlikely to become a U.S. state, Denmark's foreign minister said on Wednesday after U.S. President-elect Donald Trump refused to rule out force to take control of the Arctic island.

Good morning. Donald Trump made several bold statements during a news conference, touching on everything from Greenland to the Gulf of Mexico. The luxury sector may find its savior in the so-called silver generation.

The Danish foreign minister expressed openness to working more closely with the U.S. to ensure its interests in the region are addressed after President-elect Donald Trump said he wants to buy the Danish territory of Greenland—but the foreign minister continued to cast doubt on Trump’s idea to acquire the island.

Greenland’s future could be the kind of Compact of Free Association that America has with three Pacific Island states, Trump aides are telling reporters. Under these Compacts, the island nations get sovereignty, development assistance, and the right of residents to live and work in America. In return, Washington takes over defense.