Asia

Commentary: Why Trump really wants Ukraine’s minerals – China has put theirs off limits

TRUMP NEEDS PEACE IN UKRAINE

By targeting multiple regions, Trump aimed to shift global supply chains and solidify the US as a manufacturing powerhouse. By ending the war in Ukraine, Trump believes the US can redirect funds and resources used in Europe toward countering China’s growing influence.

Trump has tried to justify the tariffs on China by claiming Chinese manufacturers are responsible for the mass production of fentanyl, which is then trafficked into the US through various channels. Trump has proposed stricter measures to curb the flow of fentanyl, including sanctions and tariffs on Chinese firms allegedly involved in its production.

Following China’s retaliation, Trump needs peace in Ukraine and the consequential mineral agreement with Kyiv before China’s ban on exports to the US affects critical US manufacturing. Such an agreement would then allow him to take an even more aggressive posture with China with fewer consequences.

However, Zelenskyy recently claimed that Russia has taken control of 20 per cent of Ukraine’s minerals since the invasion. And it’s possible it will be years before any American investor gets any return on their money due to a chronic lack of investment in Ukraine’s minerals sector for almost a decade.

So even if Trump’s deal goes ahead, he will have to wait a while before Ukraine’s minerals will fulfil the US’ needs.

Dafydd Townley is Teaching Fellow in International Security, University of Portsmouth. This commentary first appeared in The Conversation.

Source: CNA

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