The tell that all the talk about annexing Canada, Panama, Greenland, or Gaza is just bluster and not real is that Trump hasn’t mentioned invading Cuba once. If he wanted to actually BE expansionist rather than just LOOK expansionist, there’s an obvious low hanging fruit.
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Canada, Panama, & Greenland are liberal democracies, so clearly enemies. (Well, Greenland has issues with indigenous self-determination, but that makes them an even greater enemy.)
The most serious one is Gaza, the enemy of the friend.