Treasury Secretary Scott Bessent contended that the Trump administration’s proposal to Ukraine would provide a “win-win” situation for both the foreign country and the United States, especially since it would allow Ukrainians to return to a time of peace.

Treasury Secretary Scott Bessent on the U.S. and Ukraine nearing a deal for Ukrainian minerals, reciprocal tariffs to balance trade and the U.S. seeking a peace deal between Ukraine and Russia.

Ukraine is one of Europe’s largest supplier of rare-earth minerals, with rich deposits of metals including lithium, titanium, uranium and iron.

US Treasury Secretary Scott Bessent told Bloomberg Television on Thursday that Russia’s willingness to negotiate an end to the war in Ukraine could lead to Washington easing some sanctions. Bessent further stated that he would be urging China to rebalance its economy towards increased consumer spending in a meeting with his Chinese counterpart on

Bessent also criticized Ukrainian President Volodymyr Zelenskyy’s recent comments that former U.S. President Donald Trump is misinformed about the war, calling them “inappropriate” and arguing they created “daylight” in U.