# Trump Estimates Rare Earth Metal Deal with Ukraine Worth Trillions
US President Donald Trump has announced that a future agreement with Ukraine regarding rare earth metals could be worth up to trillions of dollars.
Speaking to reporters in the Oval Office, Trump commented on the potential deal between Washington and Kiev, saying: "This is a huge deal, potentially worth trillions of dollars."
# Rare Earth Metal Deal
The agreement, which is still in the works, aims to develop Ukraine's rare earth metal resources. Rare earth metals are a group of 17 elements used in the production of high-tech products, including electronics, renewable energy technologies, and advanced ceramics.
# Ukraine-US Relations
The potential deal comes as Ukraine seeks to strengthen its ties with the US. Ukrainian President Volodymyr Zelensky is reportedly planning to visit Washington on Friday to meet with Trump.
According to the Financial Times, Ukraine has agreed to new terms for the rare earth metal deal with the US, after Washington dropped its demand for $500 billion in compensation.
# Economic Implications
The agreement is expected to have significant economic implications for both Ukraine and the US. Ukraine's rare earth metal resources are estimated to be worth billions of dollars, and the deal could provide a major boost to the country's economy.
# #RareEarthMetals #Ukraine #US #Trump #Economy #Trade
# References:
¹ Financial Times. (2023). Ukraine agrees to new terms for rare earth metal deal with US.
² Reuters. (2023). Trump says Ukraine rare earth metal deal could be worth trillions.
³ Bloomberg. (2023). Ukraine's Rare Earth Metal Resources Estimated to be Worth Billions.
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