
"With Trump, we agreed that the US will buy drones from us," says Zelensky
Speaking at a press conference in Kyiv, Zelensky said he had reached an understanding with US President Donald Trump regarding the sale. "With Trump, we agreed that the US will buy drones from us," he told reporters, adding that a contract worth "$10-30 billion is now being drafted," according to RT.
Earlier this month, Zelensky had revealed ongoing talks with Trump over a "mega deal" on drone procurement.
As per RT citing the New York Post, American defense officials have warned that US drone technology lags behind that of Russia and China, prompting efforts to accelerate purchase and development.
During the conference in Kyiv, Zelensky underlined Ukraine's urgent financial needs, noting the country requires substantial funding to manage its defense and budgetary requirements.
"Forty billion [is needed] for the deficit, 25 for drones, missiles, electronic warfare. That's already 65 billion," he said. RT reported that Zelensky has made multiple requests for these funds from European leaders and international institutions.
The Ukrainian president also stressed that Western countries should help cover the salaries of Ukrainian servicemen. "So far, they don't pay for the salaries. They pay for the weapons. And we say - salaries too, because [our troops] are weapons," he argued, as quoted by RT.
The announcement comes as the US scales back direct financial aid to Ukraine. Trump has emphasized that future support to Ukraine "will be a business for us," pointing out that the US will no longer cover the cost of Patriot air defense systems, which will instead be paid for by the European Union and NATO members, RT reported.
Meanwhile, Russia continues to criticize the West's financial and military backing of Kyiv. Russian Foreign Ministry spokeswoman Maria Zakharova has stated that funding Ukraine's weaponry is equivalent to financing the "death" of the country.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Observer
4 hours ago
- Observer
US and EU avert trade war with 15% tariff deal
TURNBERRY, Scotland: The US struck a framework trade agreement with the European Union on Sunday, imposing a 15% import tariff on most EU goods - half the threatened rate - and averting a bigger trade war between the two allies that account for almost a third of global trade. US President Donald Trump and European Commission President Ursula von der Leyen announced the deal at Trump's luxury golf course in western Scotland after an hour-long meeting that pushed the hard-fought deal over the line, following months of negotiations. "I think this is the biggest deal ever made," Trump told reporters, lauding EU plans to invest some $600 billion in the United States and dramatically increase its purchases of US energy and military equipment. Trump said the deal, which tops a $550 billion deal signed with Japan last week, would expand ties between the trans-Atlantic powers after years of what he called unfair treatment of US exporters. Von der Leyen, describing Trump as a tough negotiator, said the 15% tariff applied "across the board", later telling reporters it was "the best we could get." "We have a trade deal between the two largest economies in the world, and it's a big deal. It's a huge deal. It will bring stability. It will bring predictability," she said. The agreement mirrors key parts of the framework accord reached by the US with Japan, but like that deal, it leaves many questions open, including tariff rates on spirits, a highly charged topic for many on both sides of the Atlantic. The deal, which Trump said calls for $750 billion of EU purchases of U.S. energy in coming years and "hundreds of billions of dollars" of arms purchases, likely spells good news for a host of EU companies, including Airbus, Mercedes-Benz and Novo Nordisk, if all the details hold. German Chancellor Friedrich Merz welcomed the deal, saying it averted a trade conflict that would have hit Germany's export-driven economy and its large auto sector hard. German carmakers, VW, Mercedes and BMW were some of the hardest hit by the 27.5% US tariff on car and parts imports now in place. The baseline 15% tariff will still be seen by many in Europe as too high, compared with Europe's initial hopes to secure a zero-for-zero tariff deal. Bernd Lange, the German Social Democrat who heads the European Parliament's trade committee, said the tariffs were imbalanced and the hefty EU investment earmarked for the US would likely come at the bloc's own expense. Trump retains the ability to increase the tariffs in the future if European countries do not live up to their investment commitments, a senior US administration official told reporters on Sunday evening. The euro rose around 0.2% against the dollar, sterling and yen within an hour of the deal's being announced. — Reuters


Observer
12 hours ago
- Observer
Major developments in Trump's trade war
U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy. Here is a timeline of the major developments: February 1 - Trump imposes 25% tariffs on Mexican and most Canadian imports and 10% on goods from China, demanding they curb the flow of fentanyl and illegal immigrants into the U.S. February 3 - Trump agrees to a 30-day pause in his tariff threat on Mexico and Canada in return for concessions on border and crime enforcement. The U.S. has not reached such a deal with China. February 10 - Trump raises tariffs on steel and aluminum to a flat 25% "without exceptions or exemptions". March 3 - Trump says 25% tariffs on goods from Mexico and Canada will take effect from March 4 and doubles fentanyl-related tariffs on all Chinese imports to 20%. March 6 - Trump exempts goods from Canada and Mexico under a North American trade pact for a month. March 26 - Trump unveils a 25% tariff on imported cars and light trucks. April 2 - Trump announces global tariffs with a baseline of 10% across all imports and significantly higher duties on some of the United States' biggest trading partners. April 9 - Trump pauses for 90 days most of his country-specific tariffs that kicked in less than 24 hours earlier after an upheaval in financial markets erased trillions of dollars from bourses around the world. The 10% blanket duty on almost all U.S. imports stays in place. Trump says he will raise the tariff on Chinese imports to 125% from the 104% level that took effect a day earlier. This pushes the extra duties on Chinese goods to 145%, including the previously imposed tariffs. May 9 - Trump and British Prime Minister Keir Starmer announce a limited bilateral trade agreement that leaves in place 10% tariffs on British exports and lowers U.S. duties on British car exports. May 12 - The U.S. and China agree to temporarily slash reciprocal tariffs. Under the 90-day truce, the U.S. will cut the extra tariffs it imposed on Chinese imports to 30% from 145%, while China's duties on U.S. imports will be slashed to 10% from 125%. May 13 - The U.S. cuts the low-value "de minimis" tariff on China shipments, reducing duties for items valued at up to $800 to 54% from 120%. May 23 - Trump says he is recommending a straight 50% tariff on goods from the European Union starting on June 1. He backpedals on this threat two days later. He also warns Apple that it would face a 25% tariff if phones it sold in the U.S. were manufactured outside of the country. May 29 - A federal appeals court temporarily reinstates the most sweeping of Trump's tariffs, pausing an earlier lower court's ruling to consider the government's appeal. June 3 - Trump signs an executive proclamation activating a hike in the steel and aluminum tariffs to 50% from 25%. June 12 - Trump warns he may soon hike auto tariffs. July 3 - Trump says the U.S. will place a 20% tariff on many Vietnamese exports, with trans-shipments from third countries through Vietnam facing a 40% levy. July 6 - Trump says on Truth Social that countries aligning themselves with the "Anti-American policies" of BRICS will be charged an additional 10% tariff. July 7 - Trump says on Truth Social that the additional higher duties announced in earlier months will kick in with a delay on August 1. In letters sent to 14 countries, including Japan, South Korea, and Serbia, he says that it will include tariffs between 25% and 40%. July 10 - Trump says the U.S. will impose a 35% tariff on imports from Canada in August and plans to impose blanket tariffs of 15% or 20% on most other trading partners. July 12 - Trump threatens to impose a 30% tariff on imports from Mexico and the EU from August 1. July 15 - Trump says the U.S. will impose a 19% tariff on goods from Indonesia under a new agreement. July 22 - Trump strikes a trade deal with Japan that lowers tariffs on auto imports to 15% and spares Tokyo from punishing new levies on other goods. July 27 - The U.S. reaches a trade agreement with the European Union, imposing a 15% import tariff on most EU goods.


Times of Oman
15 hours ago
- Times of Oman
Taiwan's drone exports skyrocket nearly 750 per cent in H1 2025
Taipei: Taiwan's drone exports surged by almost 750 per cent in the first half of 2025 compared to the same period last year, with Poland emerging as the top buyer, as reported by Focus Taiwan. The surge in drone exports reflects the growing demand from European countries that are prioritising defence and cybersecurity, according to the Taiwan External Trade Development Council (TAITRA). Customs data show Taiwan exported drones worth USD 11.89 million from January to June 2025, a 749 per cent year-on-year increase. Poland led the imports, purchasing USD 6.48 million, accounting for over 54 per cent of the total. The United States followed as the second-largest importer, buying USD 1.55 million worth of drones, up 209 per cent from the previous year. Germany ranked third, with imports jumping dramatically to USD 1.46 million, a 258-fold increase. The Czech Republic, a new market for Taiwan drones this year, placed fourth at USD 1.04 million, narrowly ahead of Hong Kong's USD 1 million, which saw a 36.9 per cent rise from 2024. These five countries combined represented about 97 per cent of all drone exports during the six-month period. TAITRA highlighted that growing geopolitical instability, particularly the ongoing war between Russia and Ukraine and unrest in the Middle East, has driven European countries to seek reliable, non-Chinese suppliers. Taiwan has become an attractive option due to its strong ICT sector and manufacturing expertise. In addition, Taiwan's commitment to democratic values has made its drones appealing to like-minded nations in Europe. The increasing demand is driven by both military and civilian applications, including border control, homeland security, anti-drone defence, agriculture, infrastructure monitoring, and urban surveillance. To support this momentum, the Taiwan Excellence Drone International Business Opportunities Alliance (TEDIBOA) was formed in September 2024. The alliance now includes over 120 members working in drone systems, components, and technology integration. The source said TEDIBOA members specialise in drone assembly, module and battery development, and ground equipment. Through vertical and horizontal integration, Taiwanese manufacturers are able to respond quickly to client needs.