Trump Plans Major Economic Partnerships With Putin’s Russia

Summary

  • With talks going “very well,” Trump is exploring business alliances with Putin as well as possible trade agreements between the US and Russia.
  • By siding with China and Russia and abandoning Europe, the US supports a UN resolution that absolves Russia of responsibility for the conflict in Ukraine.
  • To guarantee that the US recovers its financial assistance while getting access to rich resources, Trump is completing a minerals agreement with Ukraine.

On Monday, President Donald Trump said that he is actively discussing economic agreements with Russian President Vladimir Putin, and he emphasized that the talks are going well. Trump said in a post on Truth Social that he is engaged in serious discussions about possible economic accords that may be advantageous to both the US and Russia, in addition to his efforts to put an end to the conflict in Ukraine. This declaration followed a White House meeting with French President Emmanuel Macron in which the two leaders spoke about the current Russia-Ukraine crisis, the dynamics of global commerce, and an upcoming minerals agreement between the United States and Ukraine. As European leaders gathered in Kyiv to commemorate the third anniversary of Russia’s invasion of Ukraine, the statement was released at the same time.

Trump Encourages US-Ukraine Minerals Agreement

Trump also disclosed that a major minerals and rare earths agreement between his administration and Ukraine is almost complete. The goal of this deal, which Trump referred to as an “economic partnership,” is to assist the US in recouping the enormous amounts of cash and military assistance that were sent to Ukraine. According to him, the agreement would guarantee that the American people would recover their financial contributions when the conflict came to an end, in addition to promoting Ukraine’s economic development.

US Modifies UN Vote Position

The United States unexpectedly backed a UN Security Council resolution that absolved Russia of responsibility for the conflict in Ukraine, only hours after Trump’s Truth Social post. The United States had previously sided with Ukraine and European partners in denouncing Russia; therefore, this position was a change from prior views. Although it demanded an early stop to the war, the US-backed resolution absolved Moscow of responsibility for the invasion. Some European nations abstained from the vote, while the US, Russia, Belarus, and North Korea voted in favor. Some US legislators and European allies criticized this change in stance.

Trump and Putin’s Economic Discussions

In addition to Ukraine, Trump said that he is actively negotiating possible business pacts with Putin, which would lead to the restoration of commerce between the US and Russia after years of sanctions. Trump said that such agreements would resemble the Ukraine minerals agreement, perhaps giving the US access to priceless Russian resources, although he did not elaborate.

Macron Encourages Ukraine to Get Security Guarantees

Macron said that although the US is anticipated to assist, European countries are prepared to supply security assurances. A White House spokesman noted that no pledge to provide military assistance or deploy US soldiers had been made. Additionally, Macron proposed the concept of European troops in Ukraine, which Trump brought up with Putin. Although no official agreement has been reached, Trump claims that Putin is amenable to considering this offer.

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