U.S. President Donald Trump’s bid to secure access to Ukraine’s rare earth minerals was rejected by President Volodymyr Zelenskyy, who deemed the proposal too focused on U.S. interests. Zelenskyy stated that the offer lacked specific security guarantees for Ukraine, leading him to prevent his ministers from signing the agreement. Despite the setback, there is potential for negotiations at the Munich Security Conference to reach a mutually acceptable deal, with U.S. Senator Lindsey Graham calling the possible minerals agreement a “game changer” in resolving the conflict and a threat to Russian President Vladimir Putin.
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U.S. and EU scramble to strike a trade deal ahead of Aug. 1 deadline
The Trump administration and the EU are racing to finalize a trade deal before the August 1 deadline, with potential tariffs threatening to increase costs for consumers and businesses. Recent agreements with other trading partners, like Japan, suggest a framework for negotiations, while the EU could agree to a 15% tariff, which would still raise prices despite being lower than previous threats. Want More Context? 🔎
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