US President Donald Trump cancels signing ceremony with Ukraine

US President Donald Trump cancels signing ceremony with Ukraine

A meeting between United States (US) President Donald Trump and Ukrainian leader Volodymyr Zelenskyy devolved into an argument on Friday. According to President Zelenskyy, the terms of the deal are either too ambiguous or missing key components but it is otherwise a good first step.

President Donald Trump, who was operating on the understanding that the deal was finished and President Zelenskyy was visiting simply to finalize the deal, was beyond irate during the public meeting, accusing the Ukranian President of being “disrespectful”.

Ukrainian President Volodymyr Zelenskyy opted to reject US President Donald Trump’s “rare earths deal” with Ukraine, sparking an irate tirade from President Trump and Vice President JD Vance in the White House on Friday.

Although President Zelenskyy acknowledged that the defense pact in exchange for ambiguous terms surrounding rare minerals access within Ukraine, the deal on the table was ultimately poorly-worded and didn’t clearly identify how the US was going to secure Ukraine’s borders and achieve an end to Russia’s invasion.

President Trump responded with an outburst, canceling his planned signing ceremony with President Zelenskyy, with a White House official declaring that President Trump “felt disrespected by Zelenskyy’s rhetoric and demeanor”, but was quick to add that the Ukrainian entourage is still welcome to reschedule a signing while they’re in the country.

With a better, well-structured defense offer already on the table from the European Union in exchange for industrial access to Ukrainian rare earths sources, Ukraine is unlikely to capitulate to US demands.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *