America’s Stalled Mobility Is Dragging on the Economy
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Ukraine's President Zelensky lands in Washington, once again looking for security guarantees from President Trump.
It's necessary to cease fire and war quickly on a final deal. We'll talk about it in Washington. Putin does not want to stop the killing, but he must do it.
Plus, a labor dispute grounds Air Canada, stranding thousands of passengers globally. And Americans are moving to new homes and new cities at around the lowest rate on record. We'll look at what that means for the U.S. economy. It's Monday, August 18th. I'm Azhar Sukri for The Wall Street Journal. Here is the AM edition of What's News, the top headlines and business stories moving your world today. Ukraine's future seems no clearer this morning after President Trump rolled out the red carpet for his Russian counterpart, Vladimir Putin, in Alaska on Friday. Ukrainian President Volodymyr Zelensky will be in Washington for a high-stakes meeting with Trump later today, accompanied by a contingent of European and NATO allies.
Zelensky will be hoping to get some reassurance from Trump over U.S. security guarantees for his country, The same topic he pressed Trump for earlier this year, which led to an on-camera confrontation and Zelensky being asked to leave the White House. Of all the issues Putin has set out as conditions for peace, the Russian leader's territorial demands will be the hardest for Zelensky to accept. Here he is in Brussels yesterday.
The Constitution of Ukraine makes it impossible, impossible to give up territory or trade land. Since the territorial issue is so important, it should be discussed only by the leaders of Ukraine and Russia at the trilateral Ukraine-United States-Russia. So far, Russia gives no sign that trilateral will happen. And if Russia refuses, then new sanctions must follow.
What headlines set the scene for this AM Edition episode?
Speaking on Fox News Sunday, White House Special Envoy Steve Witkoff laid out the US's vision of what lies ahead.
As mediators, we were at this summit to advance the Ukrainian position, and we did that, and we did it successfully. Now it's for us to drill down on the granular details of exactly what the Ukrainians need to give them a sense of security in the future, and by the way, what the Europeans need as well. And we were fully committed to be there for that purpose.
The Journal's Brussels Bureau Chief Dan Michaels has been following the talks and joins me now. Dan, President Trump has had a shifting position on how to end the war and posted on social media ahead of the talks saying it's on Zelensky to end the war or continue fighting. But listening to Witkoff there, are we any clearer on what the US and European sides will bring to the table later on?
Security guarantees are one of two critical issues. So on security guarantees, the question is, what exactly would the US do? What do those security guarantees look like? European countries, including Great Britain and France, have said they would be willing to put soldiers into Ukraine to enforce some kind of ceasefire. The U.S. doesn't seem ready to do that, but there are a lot of things it could do, and what the choices the U.S. make on that front are critical. It could be everything from transportation of troops, provision of weapons and intelligence systems. It could be monitoring a ceasefire on either with satellites, with drones, or something more active. So what the U.S. chooses to bring to bear is very much an open question.
And the other issue is really what on the ground is up for negotiations in terms of territory.
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