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

Introduction to the Potential Deal and Trump’s Comments

President Donald Trump recently unveiled a prospective deal with Ukraine, aiming to secure U.S. access to Ukraine’s natural resources in exchange for financial and military support against Russia. This announcement came during a press conference in the Oval Office, where Trump expressed optimism about the deal’s progress, describing it as a significant and mutually beneficial arrangement. Trump highlighted Ukraine’s enthusiasm for the agreement, emphasizing the strategic importance for both nations. In his view, the deal would not only enhance U.S. involvement in the region but also ensure a return on investment for the substantial aid provided to Ukraine.

Tensions Between Trump and Zelenskyy

The discussions have been complicated by growing tensions between Trump and Ukrainian President Volodymyr Zelenskyy. Trump criticized Zelenskyy, labeling him a "dictator without elections," which reflects the strained relations between the two leaders. This rhetoric is part of a broader critique where Trump accuses Zelenskyy of poor leadership and ineffective negotiations. The conflict escalated as Trump suggested Zelenskyy lacks leverage in negotiations, a point he emphasized in a Fox News interview. He expressed frustration over the stalled deal, arguing that Zelenskyy’s negotiation approach has been disappointing.

The Role of Mike Waltz and the Push for the Deal

Despite these challenges, Mike Waltz, Trump’s National Security Advisor, expressed confidence in the deal’s success. Waltz asserted that Zelenskyy is likely to sign the agreement soon, indicating that both sides recognize the benefits. He also advised Ukraine to moderate its criticism of Trump to facilitate negotiations. Waltz’s comments underscore the administration’s belief that the deal is in both countries’ best interests, potentially ending the conflict with Russia and securing resources crucial for U.S. strategic goals.

Economic Partnership and Benefits for Both Countries

The proposed deal is part of a broader strategy to establish an economic partnership, offering mutual benefits. Treasury Secretary Scott Bessent highlighted the potential for a "win-win" scenario, where U.S. investments in Ukraine would be secured through access to rare earth minerals like titanium and uranium. Bessent emphasized that this partnership would strengthen economic ties and demonstrate long-term commitment, ensuring that U.S. aid yields tangible returns.

Republican Senators’ Stance on the Issue

Republican senators have largely supported Trump’s stance, particularly his demand for elections in Ukraine. However, they have refrained from echoing Trump’s labeling of Zelenskyy as a dictator, adopting a more measured approach. This nuanced stance suggests an effort to maintain diplomatic relations while aligning with Trump’s broader objectives.

Trump’s Criticism of Zelenskyy’s Negotiating Skills and Brokerage Attempts

Trump’s frustration with Zelenskyy’s negotiation skills was evident in his Fox News appearance, where he described watching Zelenskyy negotiate "with no cards." He criticized the failed attempt by Treasury Secretary Bessent to broker a deal, dismissing the effort as dangerous and unproductive. Despite these challenges, the administration remains committed to reaching an agreement, viewing it as essential for U.S. interests and Ukraine’s security.