We were clearly talking about the regime and their calculations on a response. But fair point.

For Kyiv, it's a diplomatic win. For Moscow, it’s a warning: Trump now has skin in the game. Undermining Ukraine means threatening American economic interests — and his.

The agreement creates a joint reconstruction fund, opening Ukraine’s vast mineral reserves to U.S. capital and, symbolically, to Trump's legacy. While it offers no military guarantees, it ties American prestige — and profit — to Ukraine’s postwar recovery.