**Trump Demands Ukraine Pledge $500 Billion in Mineral Resources**
US President Donald Trump is asking Ukraine to pledge $500 billion worth of mineral resources to the United States. This demand comes as a condition for American support, with Trump suggesting that this is payback for past US assistance.
**The Details Don’t Add Up**
However, experts say that such a deal is unlikely to work. The Ukrainian government can sign agreements for development, but the US government does not invest directly in mining projects overseas. Private investors would need to conduct detailed surveys and studies before investing, which could take years.
**A False Promise**
Experts warn that this whole concept is a mirage or a head fake. It’s reminiscent of Trump’s previous statement about keeping American troops in Syria to “keep the oil.” This promise was never fulfilled.
**Trump Fixated on Rare Earths**
The value of rare earth minerals produced globally is estimated at $15 billion per year, making it hard to imagine how $500 billion could be extracted from Ukrainian resources. It’s possible that Trump is confusing rare earths with other critical minerals like titanium or oil and gas.
**A Misguided Priority**
Experts say that the US has more important national interests in Ukraine than extracting economic benefits. The US should focus on supporting Ukraine’s sovereignty and stability, rather than trying to extract mineral resources.
**A Warning for America**
If the Trump administration continues down this path, it could damage America’s global standing and relationships with allies and partners. Adversaries like Russia would be emboldened to test America’s resolve.