NEW: The U.S.-China Currency Clash – A Battle for Economic Supremacy
U.S. President Donald Trump has sent mixed signals about the Russia-Ukraine war. He previously claimed he could end the conflict on “Day 1” of his second term, but later told TIME that the statement was figurative and said “in jest.” While he’s been noncommittal about continuing direct U.S. military aid to Ukraine, Trump has repeatedly criticized European countries for not contributing enough—despite data from the Kiel Institute showing Europe has surpassed the U.S. in both total and military aid since 2022. On Thursday, Trump told NBC News he had “just made a deal” in which the U.S. will sell weapons to NATO, which will pay in full and then deliver them to Ukraine. The plan reportedly emerged during the NATO Summit, where new Secretary General Mark Rutte said he was coordinating with Trump and allies to boost support for Ukraine. A Trump official clarified the U.S. is arming NATO, not Ukraine directly.
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