The recently finalized and signed Minerals Deal between USA and Ukraine amounts to a 180 degree retreat by Trump from his original proposed deal two months ago.
Gone is any mention of repaying the US for back aid to Ukraine Trump formerly heralded as his prime goal. Ukraine gets US to pay for 50% of the cost of a new joint Investment Fund, but agreement remains silent on whether US gets 50% of the revenues.
Ukraine gets assurance all the revenues will be reinvested in Ukraine for the next 10 years. No money taken out. Plus new loophole created for potential future weapons shipment to Ukraine as the deal allows for additional reinvestment into the fund in the form of US weapons delivered to Ukraine; value of weapons amounting to a US fund investment.
Finally, both sides only report one of three documents signed, the Investment Fund description. Two other docs remain hidden. Do they maybe include some form of US security guarantee to Ukraine Trump doesn’t want to be known? Trump turnaround on Minerals Deal is another example of Trump retreat (like tariffs). (Show also includes initial comments on recent US GDP numbers for first quarter 2025)
To listen to the analysis, click here.
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Dr. Rasmus is author of the books, ‘Central Bankers at the End of Their Ropes’, Clarity Press, 2017 and ‘Alexander Hamilton and the Origins of the Fed’, Lexington Books, 2020. Follow his commentary on the emerging banking crisis on his blog, https://jackrasmus.com; on twitter daily @drjackrasmus; and his weekly radio show, Alternative Visions on the Progressive Radio Network every Friday at 2pm eastern and at https://alternativevisions.podbean.com.
He is a regular contributor to Global Research.
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