Takeaways from the Trump-Putin Summit; Netanyahu's Playbook in Gaza; Implications of Defunding mRNA Research; AI's Growing Impact on the US Economy - Fareed Zakaria GPS - Podcast on CNN Podcasts
Today on the show, Fareed is joined by President Biden's former National Security Adviser, Jake Sullivan, for a wide-ranging conversation on the major takeaways from Friday's Trump-Putin Summit, and why Netanyahu is prolonging Israel's war in Gaza.Then, Alexander Gabuev, director of the Carnegie Russia Eurasia center, talks with Fareed about Putin's wins following his meeting with Trump, and how it changes the war's trajectory.Later, with the Trump administration's cancellation of hundreds of millions of dollars for mRNA research—which was vital in developing COVID-19 vaccines, Dr. Leana Wen, the former Baltimore health commissioner, joins the show to discuss the importance of this technology, and what cuts mean for American scientists.Finally, as spending for artificial intelligence skyrockets in the US, Derek Thompson speaks with Fareed about AI's promise—and if it's a bubble waiting to burst.Guests: Jake Sullivan (@jakejsullivan); Alexander Gabuev (@AlexGabuev); Leana Wen (@DrLeanaWen); Derek Thompson (@DKThomp)
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Well-mannered White House welcome for Ukraine leaves many questions
By Trevor Hunnicutt and Gram Slattery WASHINGTON (Reuters) -U.S. President Donald Trump gathered European leaders and Ukrainian President Volodymyr Zelenskiy for a hastily arranged White House meeting on Monday to discuss a path to ending Russia's war in Ukraine. Here are takeaways from the talks: WARM TONE, LITTLE SUBSTANCE Seven European leaders, the Ukrainian president, their motorcades, dozens of Trump administration staff and more than 100 journalists swarmed the White House campus on Monday in anticipation of the unusual meeting. Would Trump and Zelenskiy agree on a path to peace? Or would their latest Oval Office session devolve into a bitter squabble as in February? Neither scenario occurred. Zelenskiy, chided for his appearance and manner in February, adjusted both. Wearing more formal clothing and repeatedly expressing his gratitude to Trump, he was greeted by a far more complimentary U.S. president than in the past. But, despite Trump's vow to assist in Ukraine's security after a hypothetical peace deal, there was no immediate sign that any party had substantially changed position on land swaps, security guarantees or sanctions. Instead, Trump ended with promises to host a meeting with Russian President Vladimir Putin to address the many remaining issues. HEAPING PRAISE "Have you said 'thank you' once?" U.S. Vice President JD Vance asked Zelenskiy in February, accusing him of failing to show sufficient gratitude for U.S. support. On Monday, Zelenskiy made sure that was not an issue. His opening remarks in the Oval Office included eight thank-yous, mostly for Trump. "Thank you so much, Mr. President ... thank you for your attention. Thank you very much for your efforts, personal efforts to stop killings and stop this war. Thank you," Zelenskiy said. He included the U.S. first lady, who sent a letter to Putin about abducted children in Ukraine. "Using this opportunity, my thanks to your wife," the Ukrainian president said. "And thanks to all our partners and that you supported this format. And after our meeting, we're going to have leaders who are around us, the UK and France, Germany... all partners around Ukraine supporting us. Thanks (to) them. Thank you very much for your invitation." Unlike in February, Vance this time sat largely silent. COMBAT FORMAL The stakes of the meeting could not have been higher. But one of the most-asked questions among diplomats in D.C. could not have been more frivolous: Would the Ukrainian president wear a suit? The answer: kind of. Zelenskiy showed up to the White House in what one European diplomat described as "almost a suit." His black jacket had tiny lapels and jetted chest pockets. He did not wear a tie. His attire, which split the difference between the battlefield and the boardroom, could be described as combat formal. Those sartorial details matter when it comes to dealing with the U.S. president, who was upset that Zelenskiy did not wear a suit for their February meeting. Zelenskiy passed the fashion test this time, however. When one journalist in the Oval Office said Zelenskiy looked "fabulous," Trump chimed in to agree. "I said the same thing," Trump told reporters. DIVIDE OVER CEASEFIRE The assembled European leaders, Zelenskiy included, were careful to paper over policy disagreements with Trump, keeping their comments vague and showering the U.S. president with compliments. But one point of disagreement did bubble to the surface. German Chancellor Friedrich Merz told the assembled leaders and media that he wanted to see Putin agree to a ceasefire. Trump had long pushed for a ceasefire in Ukraine. But he largely jettisoned that goal after meeting with Putin last week in Alaska, a shift that was widely seen as a diplomatic defeat for Ukraine. The U.S. president now says he is fine trying to move directly to a peace deal. "To be honest, we all would like to see a ceasefire," Merz said. "I can't imagine that the next meeting would take place without a ceasefire, so let's work on that." Trump pushed back, arguing he has solved many conflicts without first reaching a ceasefire. WHOSE BOOTS ON THE GROUND? One of the great mysteries that hung over the summit was what support the U.S. would give to secure any Russia-Ukraine deal long term. Trump hasn't offered U.S. troops' "boots on the ground" to guarantee Ukraine's security from Russia, reflecting American reticence to commit to military entanglements or a head-to-head confrontation with a nuclear power. Instead, he has offered weapons sales and promised that Americans will do business in Ukraine, assurances that Ukrainians see as far less than a security guarantee. Europeans are preparing for a peacekeeping mission backed by their forces. Yet, asked explicitly whether U.S. security guarantees for Ukraine could include U.S. troops in the country, Trump did not rule it out. Instead, he teased an announcement as soon as Monday on the topic. "We'll let you know that, maybe, later today," Trump said. He said Europe was the "first line of defense" but that "we'll be involved." WHAT'S NEXT Trump said he would call Putin and set up a trilateral meeting with Ukraine at a time and place to be determined. Despite some private misgivings, the assembled leaders agreed that such a meeting was a logical next step. Still, the path forward is more complex than Trump and his allies are letting on. For one, Russia has delayed and obstructed high-level meetings with Ukraine in the past, and it was not immediately clear that Putin would actually sit down with Zelenskiy, who he frequently describes as an illegitimate leader. Additionally, it is unclear how much a principal-level meeting would actually advance the cause of peace. The gulf between the Russian and Ukrainian positions is vast. The Kremlin said on Monday the presence of NATO troops in Ukraine is a non-starter, a stance that would be hard for Ukraine to swallow. Russia is also calling for Ukraine to fork over significant chunks of territory that Kyiv controls, another proposal that Ukraine's leaders are not entertaining.
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Iowa US Senate candidate ends bid to run against Republican incumbent Joni Ernst
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Vulcan Elements signs rare earths supply deal with ReElement Technologies
(Reuters) -Vulcan Elements, a North Carolina-based rare earth magnet manufacturer, has agreed to buy a supply of the critical minerals from ReElement Technologies that will be sourced outside of China. The companies, both of which are privately held, declined to give precise financial terms but said that the price is "significantly below" the floor of $110 per kilogram that the U.S. Department of Defense guaranteed to MP Materials last month for the two most popular rare earths. The contract was signed in mid-July, Vulcan said. Rare earth oxides are used to make metal that can then be turned into magnets for use in fighter jets, radar and other military applications, as well as consumer electronics. "This pricing will enable Vulcan to be competitive in global markets," Vulcan CEO John Maslin told Reuters. "We wanted to make sure the unit economics made sense." Indiana-based ReElement, which licenses its technology from Purdue University, will supply Vulcan with "thousands of metric tons" of rare earth oxides annually for five years beginning in 2026 from outdated electronics or from mine sites, said CEO Mark Jensen. ReElement says it can supply the rare earths to Vulcan below $110 per kilogram because of its use of a processing technique known as chromatography, which is different than the industry-standard solvent extraction used by many of its peers. "We are laser focused on cost," Jensen told Reuters. "We will see where the market goes, but right now we're focused more on the market price versus that price floor." Reuters was first to report last month that the Trump administration is considering extending that price floor to other firms, news that was relayed in a close-door Washington meeting attended by Vulcan, ReElement and others.
