Saturday, March 1, 2025

Trump Could Cease All Army Support To Ukraine After Tense Trade With Zelenskyy: Report – RTX (NYSE:RTX)

The Trump administration might cease all shipments of army assist to Ukraine following a tense change between President Donald Trump and Ukrainian President Vladymyr Zelenskyy that befell within the Oval Workplace Friday. 

The Particulars: In keeping with a report from the Washington Submit, a senior administration official stated the choice would finish shipments of billions of {dollars} of apparatus together with radars, autos, ammunition and missiles to Ukraine. 

The most recent improvement follows the tense assembly between President Trump, Vice President JD Vance and Zelenskyy initially meant to finalize a U.S.-Ukraine settlement on crucial mineral provides and focus on diplomacy. 

Learn Subsequent: Mortgage Charges Drop To Lowest Ranges Since December, However Housing Market Stays ‘Largely Caught’ 

The scenario shortly escalated when Vance accused Zelenskyy of being disrespectful. Trump, elevating his voice, warned Zelenskyy that he was “playing with World Conflict III,” as CNBC reported.

The confrontation highlights a rising divide in how international leaders view the Russia-Ukraine battle. Trump and Vance advocate for different diplomatic options whereas Zelenskyy pushes for continued backing in opposition to Russian forces. 

A number of European officers supported Zelensky after the tense White Home assembly and cancelled a Friday press convention. 

The leaders of Poland, Spain and Lithuania posted messages of solidarity with Ukraine on social media. 

Polish Prime Minister Donald Tusk wrote on X: “Expensive Zelensky, expensive Ukrainian buddies, you aren’t alone.”

Friedrich Merz stated that Germany stands with Ukraine “in good and in testing occasions. We mustn’t ever confuse aggressor and sufferer on this horrible battle.” 

Shares To Watch: Shares of main protection contractors, like RTX Corp. RTX and Lockheed Martin Corp. LMT needs to be monitored for doable reactions because the scenario unfolds. 

Traders may also monitor the broader protection sector via ETFs together with the iShares U.S. Aerospace & Protection ETF ITA and the Invesco Aerospace & Protection ETF PPA

Learn Subsequent: 

Picture: Shutterstock

Market Information and Information dropped at you by Benzinga APIs

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles