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Trump wants to renew rare earths deal with Ukraine

Trump wants to renew rare earths deal with Ukraine Photo: Donald Trump (Getty Images)
Author: Liliana Oleniak

US President Donald Trump has said he is going to renew the rare earth minerals deal, otherwise, Ukrainian President Volodymyr Zelenskyy will not be “too happy.” The US leader was also outraged by the way the US Treasury Secretary was received in Ukraine, CNN reports.

“Yeah, I think I’m gonna resurrect that deal, you know, we’ll see what happens, but I’m gonna resurrect it or things are gonna not make him too happy,” Trump said.

In addition, he was outraged that US Treasury Secretary Scott Bessent was allegedly treated “rather rudely” during a recent visit to Kyiv, where Ukraine rejected a rare earth minerals deal.

“Scott Bessent actually went there and was treated rather rudely, because essentially, they told him no and Zelensky was sleeping and unavailable to meet him. He traveled many hours on the train, which is a dangerous trip, and we’re talking about the secretary of the Treasury. He went there to get a document signed, and when he got there, he came back empty. They wouldn’t sign the document.” Trump said.

However, Zelenskyy did meet with Bessent and there are even photos of their meeting.

Recently, President of Ukraine Volodymyr Zelenskyy noted that the agreement on rare earth metals did not specify security guarantees for Ukraine. He added that at a meeting with US Vice President J.D. Vance in Munich, they agreed that the agreement should include guarantees.

The US has offered Ukraine an agreement under which it will be able to gain access to strategic materials in Ukraine, and this will allegedly be a payment for assistance. The document was presented in Ukraine by the US Treasury Secretary, but the Ukrainian side refused to sign it.