The Journal.

Make Money Not War: Trump’s Plan for Peace in Ukraine

67 snips
Dec 5, 2025
Drew Hinshaw and Joe Parkinson, Wall Street Journal reporters specializing in international affairs and geopolitics, delve into a surprising peace strategy proposed by the Trump administration regarding Ukraine. They discuss the intriguing business-led negotiations initiated by Steve Witkoff and Kirill Dmitriev, highlighting Russia's enticing economic offers to U.S. firms. The duo explores the ramifications of these talks on U.S.-European relations and questions whether such economic ties could genuinely foster peace or further fracture alliances.
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ANECDOTE

Businessmen Draft A Secret Peace Plan

  • Three businessmen including Kirill Dmitriev and Jared Kushner met in Miami to draft a peace plan for Ukraine.
  • They discussed integrating Russian economic reintegration and lowering sanctions as part of the negotiation.
INSIGHT

Peace Framed As Economic Opportunity

  • The Trump administration framed peace as an opportunity to bring Russian business back into the global economy.
  • Officials saw commercial ties as a mechanism to secure peace by aligning economic interests.
ANECDOTE

Witkoff's Kremlin Visit Shifted Roles

  • Steve Witkoff met Putin in the Kremlin and returned with an American prisoner, boosting his role in the Russia portfolio.
  • Witkoff then began regular contact with Kirill Dmitriev, focusing talks on business opportunities.
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