11 February 2025, 08:15 The US president has reiterated his demand for rare-earth minerals to guarantee a return on American investments
US President Donald Trump has said he wants to secure a deal with Kiev to ensure Washington gets its money back by trading aid for Ukraine’s rare-earth minerals – regardless of whether “they may be Russian someday.”
In an interview with Fox News’ Bret Baier, Trump claimed that “the United States is in for more than $300 billion, probably 350” in various forms of aid to Ukraine, adding that it would be “stupid” for Washington to continue bankrolling Kiev without receiving anything in return.
“I want to have our money secured because we’re spending hundreds of billions of dollars,” he said. “They have tremendously valuable land in terms of rare earth, in terms of oil and gas, in terms of other things.”
“I told them that I want the equivalent, like $500 billion worth of rare earths, and they’ve essentially agreed to do that,” Trump stated. “So at least we don’t feel stupid. Otherwise, we’re stupid. I said to them, we have to get something.”
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