**Trader consensus on the "No" outcome at 93.4% reflects the gap between repeated rhetorical proposals and concrete barriers to formal U.S. territorial annexation in 2026.** President Trump has publicly floated acquiring Greenland from Denmark, floated Canada as the 51st state, discussed control of the Strait of Hormuz or Venezuelan territory, and referenced other areas, framing expansion in national-security and economic terms during his second term. These statements prompted diplomatic talks, tariff threats, a congressional bill authorizing negotiations for Greenland, and public maps labeling potential acquisitions. However, Denmark and Greenland have rejected any sale or transfer, polls show strong U.S. public opposition to military options, and NATO allies have warned of alliance damage. No legislative passage, mutual agreements, or military actions enabling annexation have advanced by late August, leaving existing defense arrangements and international norms intact.