US President Donald Trump talks with Ukrainian President Volodymyr Zelenskiy at the White House in Washington DC, US, on 28 February 2025.;
Credit: REUTERS/Brian Snyder
(Reuters) - The United States has reduced its cost estimate for the assistance provided to Ukraine since Russia's invasion in 2022 to about $100 billion (€88 bn) from $300 billion (€264 bn), Bloomberg News reported on Wednesday 16 April 2025, citing people familiar with the matter.
US President Donald Trump is seeking a bilateral minerals deal as part of a peace push to end Russia's war in Ukraine. Trump also sees it as a way to recover billions of dollars spent on military assistance to Kyiv, although the aid was not a loan.
Ukrainian President Volodymyr Zelensky said on Tuesday that talks with the US regarding a minerals deal were "positive", and that more meetings were expected.
The White House did not immediately respond to a Reuters' request for comment.
Last month, the Trump administration proposed a new, more expansive minerals deal with Ukraine, which gives Ukraine no future security guarantees but requires it to place in a joint investment fund all income from the exploitation of natural resources by state and private enterprises across Ukrainian territory.
