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Trump’s plan to seize Ukraine’s minerals is a strategic debacle

Trump’s plan to seize Ukraine’s minerals is a strategic debacle

The West just has to wait a little, tighten the screws at the right moment, and Putin will be forced to the table on our terms. Instead, Trump has offered him a real estate joint venture.

Persuading feisty Ukrainian legislators to ratify what looks to many like a double injury: a colonial land grab and a strategic sell-out wrapped in one. AP

Donald Trump has softened his plan to seize the commodity resources of Ukraine very slightly. The draft remains a coercive document, a pseudo-contractual expropriation of a victim nation with its back to the wall.

Ukraine’s leaders finally seem resigned to accepting an ultimatum that has no peacetime precedent in modern state relations, putting the best face on the lesser of two evils. “The basic legal stuff is almost ready. If everything moves constructively, the agreement will bring economic gains to both our countries,” says Volodymyr Zelensky.

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The Telegraph London

Ambrose Evans-Pritchard
Ambrose Evans-PritchardGlobal economy commentatorAmbrose Evans-Pritchard is a columnist at the Telegraph, London.

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Original URL: https://www.afr.com/companies/energy/trump-s-plan-to-seize-ukraine-s-minerals-is-a-strategic-debacle-20250421-p5lt45