Global warming is making both places more important to global shipping and trade. To imagine the kind of future a hotter, dryer climate may bring, and the geopolitical challenges it will create, look no farther than two parts of the world that Donald Trump wants America to control: Greenland and the Panama Canal.

Trump again having designs on Greenland comes after the president-elect suggested over the weekend that the U.S. could retake control of the Panama Canal if something isn't done to ease rising shipping costs required for using the waterway linking the Atlantic and Pacific oceans.

President-elect Donald Trump spent Christmas Day laying out his foreign policy aspirations for his second term, including his threat to retake control of the Panama Canal. He also suggested the U.S. could take control of Greenland and Canada.

Trump again having designs on Greenland comes after the President-elect suggested that the U.S. could retake control of the Panama Canal.

Threat Status is closely tracking whether Mr. Trump will follow through on his threat or is simply trying to compel policy outcomes before his inauguration. Consider, for instance, that German automakers could duck tariffs by making more automobiles in the U.

Robby Soave and Niall Stanage discuss President-elect Donald Trump's comment about wanting to buy Greenland and the Panama Canal.