US Expected to Profit $20 Billion from Ukraine Agreement, Says Trump Aide

According to Trump's economic adviser, Kevin Hassett, the deal involving rare-earth minerals is projected to yield $20 billion for the United States. Read the full article at RT.com.

US Expected to Profit $20 Billion from Ukraine Agreement, Says Trump Aide
The proposed agreement is expected to grant the United States rights to 50% of the income generated from natural resource extraction in Ukraine.

According to White House economic adviser Kevin Hassett, the U.S. anticipates earning $20 billion from a potential rare-earth minerals deal with Ukraine. This agreement is anticipated to be signed by Ukrainian leader Vladimir Zelensky during his visit to Washington later today.

Shortly after his inauguration last month, U.S. President Donald Trump proposed that America should “get back” the financial aid it provided to Ukraine amid its conflict with Russia through a mineral resource deal.

In mid-February, U.S. Treasury Secretary Scott Bessent presented a draft of the agreement to Zelensky, who declined to sign it due to the lack of solid security guarantees. However, Bessent stated on Thursday that the deal has been revised and finalized, waiting only for Zelensky’s endorsement. The preliminary text of the agreement, reported by European Pravda earlier this week, is structured in a way that it does not need approval from Ukraine’s parliament, allowing Zelensky to unilaterally sign it into law.

“The ballpark estimate of what it’s worth to the American people is around $20 billion,” Hassett remarked in an interview with NewsNation on Thursday while discussing the deal. He noted that the revenue generated from this agreement would likely be used to decrease the budget deficit and reduce taxes.

Hassett further asserted that the deal "is worth way more than" its initial estimate, suggesting that, in addition to benefiting the U.S., it could also contribute to securing lasting peace in Ukraine. “I think [Trump’s] vision is that not only will it help us with our national security to have the critical minerals… but also, if there’s US ownership in those places, it will help secure those places, because you, of course, wouldn’t want to be attacking US things,” he stated. He added, “Having US ownership is a way to ensure… peace, once peace hopefully happens,” reflecting Trump’s recent assertion that this agreement would act as a security guarantee for Kiev.

Zelensky is currently in the United States for a state visit and is expected to meet with Trump later today to potentially sign the agreement.

The proposed deal has faced opposition from Ukrainian political figures. Jailed lawmaker Aleksandr Dubinsky, arrested last year on treason charges, labeled the agreement as “robbery” and cautioned that accepting it would result in Ukraine becoming a “US colony.”

Mark B Thomas for TROIB News