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Trump says deal with Ukraine for US access to its rare earth minerals is ‘pretty close’

Trump says deal with Ukraine for US access to its rare earth minerals is ‘pretty close’



Trump’s Negotiations with Ukraine: A Strategic Partnership for Resources

Trump’s Negotiations with Ukraine: A Strategic Partnership for Resources

On Friday, President Donald Trump expressed confidence that his administration is “pretty close” to finalizing a deal with Ukraine. This potential agreement would grant the United States rights for accessing Ukraine’s abundant natural resources in return for significant financial aid amid ongoing tensions with Russia.

A New Economic Partnership

During his remarks in the Oval Office, following the swearing-in ceremony of Commerce Secretary Howard Lutnick, Trump emphasized the importance of the negotiations. “You know, I think they want it, and they feel good about it,” he stated. He described the prospective deal as “significant” and a way to maintain U.S. presence in Ukraine, noting, “And they’re very happy about it.”

Trump further elaborated on the rationale behind this economic partnership, asserting, “We get our money back.” He criticized the Biden administration for not having made similar deals earlier, claiming, “They should have been signed long before we went in. They should have been signed by Biden. But Biden didn’t know too much about what he was doing.” He expressed that the war could have been prevented, referring to it as a situation that should have been “settled very easily at the beginning.”

Support from National Security Advisors

At the same event, Trump’s National Security Advisor, Mike Waltz, reinforced the administration’s position by stating, “Here’s the bottom line: President Volodymyr Zelenskyy is going to sign that deal, and you will see that in the very short term.” Waltz urged Ukraine to “tone down” its public criticisms of Trump, suggesting that a more collaborative approach could yield significant benefits for both parties involved.

Rare Earth Minerals and Economic Revival

The discussions regarding U.S. access to Ukraine’s rare earth minerals are part of a broader strategy aimed at concluding the ongoing conflict that erupted after Russia’s invasion in 2022. The U.S. administration believes that tapping into resources such as titanium, iron, and uranium could help to offset the economic aid extended to Ukraine during the war.

Treasury Secretary Scott Bessent highlighted the strategic nature of these negotiations during a recent visit to Kyiv. Bessent told Fox News, “Part of my trip was to go and tell the Ukrainian people that we wanted an economic partnership with them.” He underscored Trump’s vision of forging closer economic ties between the Ukrainian and American people, portraying it as an opportunity to demonstrate U.S. support and assure American taxpayers that their contributions to Ukraine would yield tangible returns.

Tensions with President Zelenskyy

The potential agreement, however, comes amid rising tensions between Trump and Zelenskyy. Recently, Trump publicly criticized the Ukrainian leader, suggesting that Zelenskyy possesses “no cards” for effective negotiation. He highlighted their deteriorating relationship, raising concerns about Zelenskyy’s capabilities as a negotiator amidst the ongoing crisis. During an appearance on Fox News, Trump lamented, “I’ve been watching this man for years now as his cities get demolished, as his people get killed.” He expressed frustration with Zelenskyy’s approach, emphasizing that they “couldn’t even come close” to a deal during Bessent’s visit.

The Road Ahead

The Trump administration’s strategy appears focused on crafting what they term a “win-win” situation for both nations. With the aim of establishing robust economic ties with Ukraine, there’s an underlying goal of stabilizing the country while simultaneously ensuring American interests are met. This following a series of high-stake negotiations has raised questions about whether it is indeed possible to reach a mutually beneficial agreement that addresses the multifaceted dynamics involving Russia.

As negotiations progress, critics of the Trump administration’s approach have expressed skepticism about the viability of the deal. Questions linger regarding whether Zelenskyy’s government can negotiate effectively in light of the ongoing conflict and the humanitarian toll it has taken on the nation. Nonetheless, the prospect of accessing Ukraine’s vast natural resources presents an enticing opportunity that could reshape the future of U.S.-Ukraine relations.

As the situation unfolds, all eyes will be on how both leaders navigate this complex political landscape, aiming for an agreement that could redefine their countries’ economic destinies while securing stability in a region marred by war.

Fox News’ Bailee Hill contributed to this report.

This rewritten article presents a more comprehensive and journalistic style while retaining the essence and information of the original content. The use of headers organizes the information effectively, making it easier for readers to navigate through the various key aspects of the situation.

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