The Trump administration wants revenues from Ukraine’s natural resources, according to a draft obtained by The New York Times, with no security guarantee in exchange.

Scott Bessent says the country’s revenue from “natural resources, infrastructure and other assets” would be “allocated to a fund focused on the long-term reconstruction”.

U.S. Treasury Secretary Scott Bessent said postwar Ukraine would benefit greatly from a rear earths minerals deal while better ensuring lasting peace with Russia.

President Donald Trump, addressing a bipartisan group of governors at the White House, said Friday that he’s had “very good talks” with Russian President Vladimir Putin and “not such good talks with Ukraine” about ending the war Russia’s war in Ukraine.

President Donald Trump reversed course on Friday and said Russia did in fact invade Ukraine, and that Kyiv would soon sign a minerals agreement with the United States as part of efforts to end the Ukraine war.

President Donald Trump of the United States reversed course on Friday and said Russia invaded Ukraine, stating that Kyiv would soon sign a minerals agreement with the United States as part of efforts to end the Ukraine war.