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CNBC Daily Open: Trump touts “next conquest”


President Donald Trump delivers a speech to U.S. Navy personnel on board the US Navy’s USS George Washington aircraft carrier at the US naval base in Yokosuka on October 28, 2025.

Philip Fong | Afp | Getty Images

Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open.

A running joke has suggested that “Trump can’t have his Iran, he hasn’t finished his Venezuela yet.”

It seems Greenland is also very much back on the menu.

An increasingly fragile-looking ceasefire in Iran has not deterred President Donald Trump from signaling that he is still focused on what he calls “that big, poorly run, piece of ice.”

Early market moves suggest investors are cautious and have little conviction in the agreement, amid accusations the truce with Tehran has already been violated.

What you need to know today

President Donald Trump said Wednesday U.S. military forces will remain deployed in and around Iran until Tehran fully complies with the “real agreement,” warning that any breach would trigger a military response larger than anything seen before.

“All US ships, aircraft, and military personnel…will remain in place in, and around, Iran, until such time as the REAL AGREEMENT reached is fully complied with,” Trump wrote on Truth Social.

“If for any reason it is not…the ‘Shootin’ Starts,′ bigger, and better, and stronger than anyone has ever seen before.”

He continued the post with the message, “…our great Military is Loading Up and Resting, looking forward, actually, to its next Conquest.”

That could be Greenland. Trump appears to have re-focused on the Danish autonomous territory while venting frustration at NATO, as the diplomatic fallout from the Iran war exposes rifts in Washington’s ties with the security alliance.

In another Truth Social post Wednesday evening stateside, Trump said that “NATO WASN’T THERE WHEN WE NEEDED THEM, AND THEY WON’T BE THERE IF WE NEED THEM AGAIN. REMEMBER GREENLAND, THAT BIG, POORLY RUN, PIECE OF ICE!!!”

Trump’s comments followed a meeting with NATO Secretary General Mark Rutte at the White House earlier on Wednesday, with White House press secretary Karoline Leavitt reportedly saying that NATO had “turned their backs on the American people.”

All this comes as the ceasefire agreement between the U.S and Iran looks increasingly fragile.

Iran’s parliamentary speaker, Mohammad Bagher Ghalibaf, accused the U.S. on Wednesday of violating the two-week agreement.

“The deep historical distrust we hold toward the United States stems from its repeated violations of all forms of commitments — a pattern that has regrettably been repeated once again,” Ghalibaf said in a statement posted on social media.

Three parts of Iran’s 10-point ceasefire proposal have been violated, Ghalibaf said. The violations are Israel’s continued attacks on Lebanon, the entry of a drone into Iranian airspace, and the denial of the Islamic Republic’s right to enrich uranium, he said.

Meanwhile, the White House…



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