Cabot Phillips

Trump says that he will meet with Zelensky on Friday to sign the final terms. Here he is at the White House Wednesday.

Trump says that he will meet with Zelensky on Friday to sign the final terms. Here he is at the White House Wednesday.

So the big question, what exactly is in this deal? Well, both sides have been tight-lipped on these specific numbers, but according to Ukraine's prime minister, it would establish a, quote, reconstruction investment fund that would be jointly managed by the two countries. Moving forward, 50% of revenues from new oil, gas, and mineral projects would go into that fund.

So the big question, what exactly is in this deal? Well, both sides have been tight-lipped on these specific numbers, but according to Ukraine's prime minister, it would establish a, quote, reconstruction investment fund that would be jointly managed by the two countries. Moving forward, 50% of revenues from new oil, gas, and mineral projects would go into that fund.

The deal is also expected to grant American companies more direct access to the country's mineral reserves. which is crucial. Remember, Ukraine has some of the world's largest deposits of graphite, lithium, uranium, and titanium, all of which are critical for producing high-tech batteries, electronics, and weapons.

The deal is also expected to grant American companies more direct access to the country's mineral reserves. which is crucial. Remember, Ukraine has some of the world's largest deposits of graphite, lithium, uranium, and titanium, all of which are critical for producing high-tech batteries, electronics, and weapons.

Now, at the moment, China is responsible for around 90% of rare earth mineral production. So this deal could make the U.S. far less reliable on Beijing. Yeah, another key priority of the Trump administration. And what did the Ukrainians get from this? Trump says they've already gotten their part of the deal in the form of $100 billion-plus in military and financial aid. But it does appear the U.S.

Now, at the moment, China is responsible for around 90% of rare earth mineral production. So this deal could make the U.S. far less reliable on Beijing. Yeah, another key priority of the Trump administration. And what did the Ukrainians get from this? Trump says they've already gotten their part of the deal in the form of $100 billion-plus in military and financial aid. But it does appear the U.S.

will also agree to some form of security guarantee. According to the New York Times, the agreement says that in exchange for mineral rights, the U.S. would, quote, "...support Ukraine's effort to obtain security guarantees needed to establish lasting peace."

will also agree to some form of security guarantee. According to the New York Times, the agreement says that in exchange for mineral rights, the U.S. would, quote, "...support Ukraine's effort to obtain security guarantees needed to establish lasting peace."

That could mean Trump working out an agreement with European allies where they would supply boots on the ground after the war to prevent Russia from invading again. But it's worth noting Trump has been hesitant to offer too much in the way of a security guarantee. He's argued that the economic deal is all the assurance that Zelensky should need, that the U.S.

That could mean Trump working out an agreement with European allies where they would supply boots on the ground after the war to prevent Russia from invading again. But it's worth noting Trump has been hesitant to offer too much in the way of a security guarantee. He's argued that the economic deal is all the assurance that Zelensky should need, that the U.S.

is incentivized to keep Ukraine secure from Russia. Here's National Security Advisor Mike Waltz to that point on Fox.

is incentivized to keep Ukraine secure from Russia. Here's National Security Advisor Mike Waltz to that point on Fox.

So the White House says they're still hammering out the details for a sit down with Trump and Putin. President says he's confident they'll finalize a deal that will be favorable for all parties. And that deal could also include some economic partnerships regarding oil and rare earth minerals. Trump said they've been, quote, trying to do some economic development deals with Moscow.

So the White House says they're still hammering out the details for a sit down with Trump and Putin. President says he's confident they'll finalize a deal that will be favorable for all parties. And that deal could also include some economic partnerships regarding oil and rare earth minerals. Trump said they've been, quote, trying to do some economic development deals with Moscow.

Russia has been largely shut out from the global economy since their invasion of Ukraine. And it's clear Trump wants to use that economic leverage to bring Putin to the table. That negotiating, though, has drawn criticism from many on the left who say Trump is playing into Russia's hand. Trump's cabinet convened for the first time yesterday. We'll hear more on that later.

Russia has been largely shut out from the global economy since their invasion of Ukraine. And it's clear Trump wants to use that economic leverage to bring Putin to the table. That negotiating, though, has drawn criticism from many on the left who say Trump is playing into Russia's hand. Trump's cabinet convened for the first time yesterday. We'll hear more on that later.

And VP Vance had some strong words in response.

And VP Vance had some strong words in response.