Email

The United States has diminished its requirements for aid from Ukraine over the minerals deal

Art of the deal: Ukrainian president Volodymyr Zelensky, in a meeting wtih US president Donald Trump at the White House. EPA-EFE/Jim lo Scalzo/pool

After a series of negotiations in Washington last week, the Trump administration has revised its estimate of help previously supplied by the United States to Kiev from $300 billion to approximately $100 billion, according to Bloomberg, citing sources.

Art of the deal: Ukrainian president Volodymyr Zelensky, in a meeting wtih US president Donald Trump at the White House. EPA-EFE/Jim lo Scalzo/pool

Negotiations are ongoing. Washington is advocating for an accord that would grant it access to the advantages of Ukrainian investment initiatives, especially in the mining and infrastructure domains.

The cash are to be deposited into a designated US-administered stimulus fund.

Ukraine is insisting on more advantageous terms and declines to see US military assistance as a liability.

Treasury Secretary Scott Bessent indicated that the agreement may be signed as soon as this week.

Related posts

Trump Announces Planned $15 Billion Steel Mill in Iowa, With Production Targeted for 2030

White House Moves to Withhold $810 Million Approved by Congress, Setting Up Spending-Power Dispute

How New Yorkers Should Prepare for the Nor’easter Bringing Wind, Rain and Coastal Flooding