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Trump Cancels News Conference With Zelenskyy After Tense Meet In Oval Office: Report

Eli GrantSaturday, Mar 1, 2025 3:30 am ET
5min read

In an unexpected turn of events, President Donald Trump has reportedly canceled a planned news conference with Ukrainian President Volodymyr Zelenskyy following a tense meeting in the Oval Office. The cancellation comes amidst growing concerns about the future of U.S. military aid to Ukraine and the ongoing conflict with Russia.

The meeting between Trump and Zelenskyy was intended to discuss a potential economic pact that would give the U.S. access to Ukraine's mineral resources. However, the encounter quickly deteriorated into a heated exchange, with Trump and Vice President JD Vance publicly rebuking Zelenskyy for perceived ingratitude and intransigence. The Ukrainian president was accused of failing to adequately thank the U.S. for its support and of gambling with World War III by not accepting a ceasefire deal with Russia.

The acrimonious meeting has raised alarm bells across Europe, with European leaders and top officials rallying behind Zelenskyy and his country. However, the fallout from the encounter poses a significant challenge for European diplomats, who must now work to minimize the repercussions and maintain a united front against Russian aggression.

The cancellation of the news conference has left many wondering what the future holds for U.S. military aid to Ukraine. If Trump signals a reduction in support, it could have significant implications for defense stocks, particularly those with exposure to Ukrainian and European markets. Investors should closely monitor the situation and consider hedging against geopolitical risks by buying safe-haven assets like gold, U.S. Treasuries, and the Swiss franc.



In the short term, market volatility may increase as investors react to the tense meeting and the cancellation of the news conference. Safe-haven assets could see a temporary increase in demand, driving up their prices. However, the long-term impact on investor sentiment towards Ukrainian and European markets will depend on how the situation unfolds and whether Trump commits to continued military aid to Ukraine.



As the situation continues to evolve, investors should stay informed about the latest developments and consider adjusting their portfolios accordingly. The defense sector, particularly U.S. defense contractors, could be significantly affected by changes in U.S. military aid to Ukraine following the meeting. Investors should closely watch President Trump's statements and the U.S.'s future military aid strategy to Ukraine to make informed decisions about defense stocks.

In conclusion, the tense meeting between President Trump and President Zelenskyy has raised concerns about the future of U.S. military aid to Ukraine and the ongoing conflict with Russia. The cancellation of the news conference has left many wondering what the future holds for U.S. support, and investors should closely monitor the situation and consider hedging against geopolitical risks. The defense sector, particularly U.S. defense contractors, could be significantly affected by changes in U.S. military aid to Ukraine, and investors should stay informed about the latest developments to make informed decisions about defense stocks.
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