As United States President Donald Trump was sworn in for his second term on Monday, he repeated his wishes to acquire the Panama Canal and rename the Gulf of Mexico in his inaugural speech. Trump has spoken about the canal and the Gulf of Mexico previously. On Monday, he signalled he was serious about moving ahead with both those ideas – and soon.

President-elect Trump during a lengthy press conference on Tuesday did not rule out using the U.S. military to reclaim the Panama Canal or acquire Greenland. Why it matters: Speaking for over an hour during his second press conference since winning the White House,

Trump’s plans to rename the gulf appear to be part of a broader offensive against Mexico, calling the nation "very dangerous" and "in a lot of trouble," citing drug trafficking and illegal immigration. However, most drug trafficking from Mexico is aimed at fulfilling consumer demand from Americans.