**US and Ukraine Sign Minerals Deal, Trump Says He Wanted to be Protected**
In a move aimed at strengthening ties between the two countries, the US and Ukraine signed a minerals deal on April 30. The agreement establishes a joint investment fund in Ukraine, marking a significant development in their bilateral relations.
Speaking to NewsNation on the same day, President Donald Trump referred to the deal, saying that he wanted to be “protected.” He claimed that the US had made a deal that would bring in more than $350 billion, but he didn’t want to look foolish. This comment has sparked debate among observers, with some interpreting it as an attempt by Trump to downplay his own contribution to the agreement.
**A Reality Check on US Aid**
The White House has been accused of exaggerating its assistance to Ukraine. However, according to the Kiehl Institute, a global economic policy think tank, Washington has actually provided Ukraine with 114.6 billion euros ($130 billion) in aid. This far surpasses what Ukrainian officials and experts have said is true.
**Potential Impact on Russia**
Trump was asked if the agreement could impede Russian President Vladimir Putin’s plans. He replied that it “could,” but didn’t elaborate further. Future military assistance from the US could count as contributions to the newly established joint investment fund, but prior aid will not be included.
**What Does the Deal Mean for Ukraine?**
First Deputy Prime Minister Yulia Svyrydenko clarified that revenues from pre-existing projects, including those owned by state-owned companies, will not be impacted by the minerals deal. Instead, 50% of funds from new licenses for projects in critical materials and oil and gas will go to the budget after the fund is created.
**A Heated Argument in the Past**
The signing of this deal comes amidst a backdrop of tension between President Trump and Ukrainian leader Volodymyr Zelensky. The two leaders got into a heated argument on February 28, where the minerals deal was intended to be signed.
