On Monday, U.S. president Donald Trump announced that he wanted to make a deal with Ukraine on uncommon earth metals. He wants Ukraine to safe US access to these metals in exchange for further military assistance. Trump said, “We want a warrant due to the fact that we give them money with a handful.” The president of the United States explained that Ukraine has very valuable uncommon earth meters, which are crucial in the production of electronic teams.
According to planet Bank data, Ukraine has crucial deposits of uncommon earth metals, including neodymium, dysprosium and certium. They are mainly located in Donbasa, a region that has been a conflict with Russia since 2014. In 2020, the production of uncommon earth metals in Ukraine amounted to about 12 1000 tonnes, which accounted for about 10% of planet production.
President Trump said his ally, Senator Lindsey Graham, had already paid attention to Ukrainian deposits of valuable minerals and elements last year. Graham believes that these deposits are crucial to U.S. national security. According to The Hill, Graham said, “Ukraine has highly valuable natural resources, including uranium, gas and uncommon earths, which are crucial for the production of electronic assemblies.”
Trump said Kiev was curious in the deal, but did not give details on how specified an agreement would look. The U.S. president said he would like to make a deal in which Ukraine would safe US access to uncommon earth metals in exchange for further military assistance. According to Reuters, Trump said: “We are trying to make a deal with Ukraine, where they will safe what we give them utilizing their uncommon earth metals and another things.”
Customs duties on Mexico, Canada and China
The U.S. president besides referred to the duties imposed on Mexico, Canada and China. He confirmed that he suspended duties on products from Mexico, but noted that this did not mean a definitive withdrawal from their imposition in the future. According to CNBC, Trump said: “This is not the end. This is just the beginning.” The U.S. president announced that in the next 24 hours he plans to hold talks with the Prime Minister of Canada, Justin Trudeau, and representatives of the Chinese authorities.
Trump again explicitly stated that he would like to make Canada the 51st state of America, suggesting, however, that his advisors consider this anticipation to be besides unlikely. The president of the United States said: “If people wanted to play this game, it would be 100% certain that they (Canada) would become a state. But many people do not want to play this game due to the fact that they do not have the threshold of pain.” According to The fresh York Times, Trump said that if there was no agreement with Beijing, imposed on Chinese 10-proc products. duties will be increased.
The US president besides suggested that Chinese TikTok could be taken over by a fresh state-owned wealth fund or by "partnership with very wealthy people". According to Bloomberg, Trump said: “This is just the first 'salwa'. If we neglect to scope an agreement with China, the duties will be very, very high." The US president reiterated that the European Union has "used the US for years", but stated that he and Europe want to make a deal. According to The Wall Street Journal, Trump said, “All we want is simply a fair deal.”
According to planet Trade Organization data, the value of trade between the US and China was around $615 billion in 2020. In 2020, the US imposed duties on China worth around $360 billion. According to Forbes, Chinese TikTok has about 655 million active users worldwide, of which about 100 million in the US.
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US president and Ukraine Agreement
