Chicago – February 23, 2025
Donald Trump isn’t the only president who knows a bad deal when he sees one.
Volodymyr Zelensky’s refusal to sign away nearly half of his country’s rare earth minerals for very few future guarantees is one of many reasons why Trump has been driven into a rage at his counterpart in Kyiv.
The Ukrainian president has made clear that exploiting his country’s precious geographical and energy resources will be one way to rebuild its economy and cities after the eventual end of the war. But the offer tendered by Treasury Secretary Scott Bessent, while being lauded by US officials as a generous ladder to prosperity for Ukraine, is not really a “deal” at all.
However, it provides insights into Trump’s view of foreign policy and his perception of the war after he reversed, rhetorically at least, the Biden administration’s support for the invaded party and threw his weight behind the invader.
