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Source: Dances with Bears


by John Helmer, Moscow
@bears_with
Compos mentis was missing in the Oval Office on Monday morning. French President Emmanuel Macron recognized it, and was so pleased, he repeatedly said: “Thank you, dear Donald”.
The answers to press questions given by President Donald Trump, sitting beside Macron, revealed that Trump doesn’t understand what end-of-war terms President Vladimir Putin has announced, nor the substance of the conversations, back channel and front in Riyadh, which have been going on between the Russians and Trump’s representatives.
In the 28-minute morning presser, Trump spoke in repeated slogans except for a handful of new briefing points he was given by his staff: the President stressed he has no points of difference with the French, the other Europeans, or NATO on how to negotiate an end to the Ukraine war. “There was great unity in that room”, Trump claimed of the first round of meetings with the Macron delegation, which included a videolink to other G7 leaders.
“Take back some of the land”, Trump then claimed after being asked what end-of-war terms in the Ukraine he has discussed with Macron. “We’ll see if we get some land back”, Trump repeated.
Asked if he planned to go to Moscow on May 9, Trump revealed he does not know the significance of the May 9 celebration in Russia. “If this all gets settled out, sure I would go, and he could come here, too. I don’t know Ninth of May, no – I, err, that’s pretty soon. At the appropriate time I would go to Moscow…Within weeks. I think we could end it within weeks if we’re smart. If we’re not smart, it’ll keep going…” Trump revealed, however, that he has given up his effort to hold a summit meeting with Putin without preparatory agreement of terms for an end of the Ukraine war.
In the Oval Office, and in a simultaneous social media post, Trump repeated his interest in getting “payback” for US war spending in the Ukraine by negotiating a “rare earths” agreement. “I emphasized”, the media post said, “the importance of the vital ‘Critical Minerals and Rare-Earths Deal’ between the United States and Ukraine, which we hope will be signed very soon! This deal, which is an ‘Economic Partnership’, will ensure the American people recoup the Tens of Billions of Dollars and Military Equipment sent to Ukraine, while also helping Ukraine’s economy grow as this Brutal and Savage War comes to an end. At the same time, I am in serious discussions with President Vladimir Putin of Russia concerning the ending of the War, and also major Economic Development transactions which will take place between the United States and Russia. Talks are proceeding very well!”
In repeating to Macron his preoccupation with “rare earths”, Trump revealed in the Oval Office that he has no idea of the geography of the minerals he is negotiating to take over, so that “we get our money back over a period of time. But it is also beneficial to their economy, to them as a country.” Trump does not comprehend that the minerals — “rare earths and other things”, he called them — are mostly located, no longer in Ukraine but in the four new provinces of Russia and on the seabed off Russian Crimea.
Trump also revealed he has no idea of how his proposed US investment in the minerals would be protected and by whom.
Reporters pressed to see if the minerals agreement is subterfuge for a US security pledge to the Kiev regime, substituting for NATO membership. Asked explicitly if the minerals deal will engage a US security guarantee for the Ukraine, Trump answered: “Well, uhh, it’ll be — Europe is going to make sure nothing happens. I don’t think it’s going to be much of a problem. I think once we settle, ahhh, there’s going to be no more war in Ukraine. You’re not go – uhhh, it’s not going to be a very big problem. That’s going to be the least of it.”
Several hours later, when the French president was asked at the second press conference after the talks had concluded, Macron hinted at a division and combination of military “deterrence capacity” between European and US forces which, he said, is a “turning point in my view, and one of the great areas of progress we have made during this trip.” Trump was uncomprehending; he did not remember what Macron had been saying over lunch.
From evidence in Moscow of talks on Trump’s priority “major Economic Development transactions”, Putin has promoted his negotiator, Kirill Dmitriev, to ministerial rank with the title “Special Representative of the President of Russia for Investment and Economic Cooperation with Foreign Countries.” The text of the decree was signed on Sunday evening.
The Kremlin was asked if Dmitriev has been promoted to ministerial rank, and if in future negotiations with the Americans he will be equal in precedence with Foreign Minister Lavrov and Presidential Assistant Yury Ushakov, the Kremlin spokesman said: “I don’t know.”
Dmitriev was talkative in Riyadh on February 18 on the prospects for the return to Russia of US businesses, product brand-names, and investors. But on the US agreement with Kiev for takeover of coal, iron ore, oil, gas and other resources in Novorossiya and the Crimea, Dmitriev has been silent.Late on Monday evening at his country residence, Putin called in a reporter to respond to the Oval Office record. “We would be ready to offer [cooperation] and our American partners, when I say partners, I mean not only administrative and government structures, but also companies – if they showed interest in working together… We would be happy to work with any foreign partners, including those of American ones. Yes, by the way, as for the new territories, the same thing: we are ready to attract foreign partners, and the so-called new our historical territories, who have returned to the Russian Federation, there are also reserves certain. We are ready with our foreign partners, including with American ones, work there too.”
The display of Trump’s incomprehension was emphasized by Macron who prompted him at several points.Click to follow the 28-minute Oval Office press conference: https://x.com/
Note the presence at right of Vice President J.D. Vance. Sitting next to him was Secretary of State Marco Rubio. Behind them was Treasury Secretary Scott Bessent. Bessent made a single remark; Vance and Rubio remained silent.
Replying to a question of whether he is preparing to abandon the Ukraine, Trump insisted: “No, we’re going to help Ukraine like nobody’s ever helped Ukraine before.”
He then became confused when asked what form this US help would take. “European troops may go into Ukraine as peacemakers [sic]…I don’t think that’s going to be a problem.” Asked if such a European force would have US backing, he said: “Well, we’re going to have a backing of some sort. Obviously, the European countries are going to be involved. And, errr, I don’t think you are going to need much backing. It’s not going to be a problem. Once an agreement is signed, Russia is going to get back to its business, and Ukraine and Europe are going to get back to their business. I don’t think it’s going to be a problem.”
“We’re trying to do some economic development deals with Russia. They have a lot of things we want, and we’ll see – I mean, I don’t know if that will come to fruition. But we’d love to be able to do that. We could — you know, they have massive rare earth – it’s actually the largest, in terms of land, it’s by far the largest country. And they have very valuable things we could use, and we have things they could use, and it would be very good if we could do that.”
As Trump stumbled over what he could remember and was trying to say, his staff published a tweet on the Truth Social platform, repeating Trump’s idée fixe on rare earth minerals, and insulting Canada’s Prime Minister Justin Trudeau once again.
Source: https://truthsocial.com/
It is apparent that if Trump’s staff and advisers have drawn his attention to the US Geological Survey (USGS) tabulation of rare earth mineral reserves by country, Trump cannot remember. The table published in January 2025 shows that China leads in both production and reserves; that Russia trails in fifth place; and that the Ukraine’s rare earth reserves are minuscule by comparison.
RARE EARTH MINERAL PRODUCTION AND RESERVES, BY COUNTRY, JANUARY 2025
Source: https://pubs.usgs.gov/
In Putin’s response to the Trump tweet, the Russian president corrected Trump’s geography: “we have an order of magnitude – I want to emphasize this – an order of magnitude more resources of this kind than in Ukraine. Russia is one of the undisputed leaders in the reserves of these rare earth metals. We have them in the North – in Murmansk, in the Caucasus – in the Kabardino-Balkaria, in the Far East, in the Irkutsk region, and in Yakutia, in Tuva. These are quite capital-intensive investments, projects capital-intensive. We would be happy to work with any foreign partners, including those of American ones… Pavel Zarubin: In the new regions too? Vladimir Putin: Yes, of course.”
Following further talks with Macron over lunch at the White House, a second press conference was held. This ran for 43 minutes. Trump began by reading from a script which repeated the slogans of his Oval Office presentation. Click to follow here. Source: https://www.youtube.com/watch?v=F_icClkj0Eo
The White House House has released the videotape, but after almost 24 hours, it has issued no transcript. There is also no official White House listing of the US officials who participated in the talks.
Trump continued to repeat himself. Then Macron made the only detailed disclosure of what agreements he and Trump had reached during the day. “Can you confirm there is an agreement,” a French reporter asked, “to send European peacekeeping troops? Will France participate in that? How many troops? What will they be doing?”
“Well,” Trump began, “I guess, this is a little strange question”. He then avoided answering, speaking instead for the third time in the day on the restoration of the Notre Dame Cathedral in Paris. “I was there. I saw the work. I’m very good at construction. I know good construction and I know bad construction. They did a beautiful job, and this man has to be given a lot of credit for that.”
Macron responded directly to the question of the end-of-war settlement. He said there had been three areas of discussion on which Trump and the US delegation had agreed during the day at the White House. The first, Macron said, was the terms Vladimir Zelensky will sign in a few days’ time on US takeover of Ukrainian minerals. The second was the sequence of truce, ceasefire, and peace settlement which Trump agreed his negotiators will pursue with the Russians. The third agreement with Trump, according to Macron, was “a clear American message that the US as an ally is ready to provide that solidarity for that approach. That is a turning point in my view. And that is one of the great areas of progress we have made during this trip. And during this discussion.”
What Macron meant is an idea he said he has already worked out with British Prime Minister Sir Keir Starmer for preserving the Ukraine politically and territorially with a combination of the NATO forces currently on the Ukrainian battlefield, in a change of deployment and engagement conditions.
“When it comes to troops,” Macron said, “in the past, a year ago specifically, we saw a reason to talk about sending troops for strategic reasons. Today, when we talk about troops, we are talking about sending them in after we have negotiated a lasting peace…. Then at that point … not to go to the front lines, not to go into occupied territory, but as a show of support for — to show we have a negotiated peace, signed by both sides, and that is a peace we will preserve. So these will be peaceful deployments of troops, not for combat. These will be deployments of an assurance force.”
Macron implied that Trump had agreed to provide US military backing for this “assurance force” in the Ukraine. During the talks the US Secretary of Defense, Peter Hegseth, was absent; he was hosting the Saudi Defense Minister at the Pentagon instead.
In his finale at the White House, Macron concluded: “The real change now, compared to 2014, is that we have this deterrence capacity on the American side. We have the capacity for engagement on the European side. And that’s something we are going to continue working on together.”
Trump was unable to respond to the details, nor to the strategic point Macron was claiming Trump has now agreed for a NATO-type military guarantee including US “deterrence capacity” inside the Ukraine. “Emmanuel,” Trump stopped the press conference, ” thank you very much. Great job. And it’s been wonderful being with you. Say hello to your beautiful wife, and we will see you again soon. “
Source: https://www.youtube.com/watch?v=F_icClkj0Eo
NOTE: In his new interview, Putin made a pitch for US investment in low-cost Russian aluminium production as a counter to Trump’s raised tariffs on the imported metal from Canada and to the European Union’s new sanctions on exports of Russian aluminium.
Russian aluminium is controlled by the oligarch, Oleg Deripaska. For the archive on the metal, click. For the history of Deripaska, read the book.

Left, Oleg Deripaska with President Putin; right, the history of Deripaska’s business practices, including his attempt to assassinate me and then expel me from Russia. The book is available here.
“If it is decided to open the American market for our [aluminium] producers,” Putin said, “then we could sell about two million tonnes in the US market. This would not significantly affect the formation of the price, but, in my opinion, it would still have a restraining effect for the stabilization of prices. In addition, and most importantly in my opinion, is that we could, together with American companies, think about a joint work in this area. For example, in the Krasnoyarsk Territory in the Soviet time there were plans to build a new hydroelectric power plant and create additional production of aluminium production. Aluminium is before everything, energy, and preferably cheap energy. Hydropower is cheap, and among other things, it is also environmentally friendly.” Putin implied that Deripaska’s Rusal is already negotiating with US counterparts. “Yes, some of our companies are in contact with each other and such projects are discussed.”