Donald Trump stated that Ukraine must forget about joining NATO. He also mentioned that to end the ongoing war Russia’s president must be given some concessions. Trump made these remarks during first official meeting of his cabinet.
On the same day, Trump spoke about situation in Gaza saying that decisions on next phase of the ceasefire would made by Israel. He also announced that US set to impose a 25% tax on European Union.
After taking office as U.S. President Trump held his first cabinet meeting on Wednesday. He openly discussed his stance on Ukraine war, Gaza conflict, and new tax policies. He confirmed that U.S. would soon impose tariffs on several countries.
Ukrainian President Volodymyr Zelensky scheduled to visit U.S. on Friday. During this visit he will sign a deal related to Ukraine’s valuable rare minerals. Trump claimed that through this agreement U.S. would recover a significant portion of financial aid given to Ukraine.
Donald Trump emphasized that Ukraine must abandon its dream of joining NATO, stating that the war started because of its plans to join the alliance. He also said that a peace deal would require Vladimir Putin to make compromises.
Regarding Gaza Trump said that after first phase of Hamas ceasefire agreement completed. Israeli Prime Minister Netanyahu must decide on the future steps.
During the cabinet meeting Trump also discussed tariffs imposed on other countries. He confirmed that the U.S. would soon impose a 25% tax on European Union, with an official announcement expected soon. He also stated that his administration would not reverse decisions regarding tariffs on Canada and Mexico.
Trump warned of further layoffs in his administration. He referenced emails sent to U.S. officials asking for work reports stating that those who did not respond would be identified.
Elon Musk was also present at cabinet meeting. Although he supports making deals with the U.S., experts believe that rebuilding Ukraine’s natural resource sector may take six to seven years.
Ukraine holds one of world’s largest graphite reserves. but war and a lack of investment have created significant challenges. A proposed agreement with U.S. offers hope for revitalizing Ukraine’s struggling mineral sector.
Ostap Kostyuk, the CEO of Ukraine’s Zavalivskiy Graphite Mine claimed that their graphite could be transformed into graphene. Which sells for thousands of dollars in global markets. However, reaching this goal has been difficult due to a lack of investment.
U.S. not just interested in Ukraine’s graphite; it also wants access to other rare materials like lithium and titanium, which are crucial for electric devices, powerful magnets, and advanced technologies.
U.S. ready to invest heavily in Ukraine’s rare minerals in exchange for supporting Kyiv. Last week, U.S. Treasury Secretary Scott Pessant visited Kyiv to discuss resource development and security.
Read more: Israel Intensifies Attacks in Gaza and West Bank Amid UN Warnings
After the war began, Australia withdrew its financial support for Ukraine’s mining industry, leaving its mines in financial crisis. Many miners also joined the military with some losing their lives in the war.
Ukraine waiting for U.S. investment to revive its mineral industry. Even with American support, experts believe it may take five to seven years to fully recover.
Despite war and uncertainty, hope remains alive in Ukraine’s mining sector. With international support and investment, the industry could rise again, offering a brighter future.
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