Donald Trump, speaking as part of his election campaign, stated that he could quickly end the war in Ukraine. However, according to Reuters, this approach is causing concern both in Ukraine itself and among the United States’ European allies. The reason is that Trump intends to make the end of the war beneficial to the United States, possibly through the use of frozen Russian assets.
One of Trump’s key ideas is to shift part of the financial burden to Europe. If the EU can find significant funds, for example from $300 billion frozen in Russian reserves, this could become the basis for future negotiations with Vladimir Putin. Such a step, according to Trump, will allow the United States to reduce the costs of supporting Ukraine, placing them on European countries.
Trump has repeatedly criticized European allies for not sufficiently funding his defense, calling them “dead payers.” He also believes that a significant European financial investment in Ukraine’s defense could not only strengthen the West’s position, but also benefit the American defense industry.
Meanwhile, the use of frozen Russian assets is sparking legal and political controversies. Some European leaders fear that the confiscation of these funds could be contrary to international law and affect other countries’ confidence in the euro. One possible solution could be a reparation loan scheme, in which the G7 countries would provide Ukraine with $300 billion, offsetting these funds against Russian reserves if Moscow refuses to pay.
Experts believe that, with Trump’s possible rise to power, Europe must act quickly to provide Ukraine with long-term financial and military support. This could be an important signal to both Trump and Putin about the West’s determination to support Ukraine until the conflict is fully resolved.
If Europe can provide funds, it will strengthen Trump’s position in negotiations with Russia. However, the key issue will remain security guarantees for Ukraine. Kyiv demands membership in NATO, while Moscow categorically opposes this step. Any deal that leaves Ukraine vulnerable will be perceived as a victory for Putin and a weakening of the West.
Previously, Kursor wrote that Trump could push Ukraine and the Russian Federation into a “fragile” truce.
Trump can achieve a “fragile” truce between Ukraine and Russia if he makes no mistakes.
