The Trump administration is selling weapons to European countries for an added profit. A top official has suggested that the money could finance American air cover for Ukraine as part of future security guarantees.
"Right now, we are selling arms to the Europeans, who are then selling them on to the Ukrainians," Secretary of the Treasury Scott Bessent said in an interview with Fox News on Wednesday.
President Donald Trump "is taking a 10% markup on the arms, so maybe that 10% will cover the cost of the air cover," he said.
The Trump administration has ruled out the possibility of deploying US troops on the ground in Ukraine, but officials say Washington could contribute by providing air or satellite support. The details, however, are unclear and could range from fighter jet patrols to drone surveillance.
Germany, the Netherlands, Denmark, Norway, and Sweden have financed three packages of military equipment and munitions — each valued around $500 million — for Ukraine. The 10% markup that Bessent disclosed appears to be from these weapons sales.
Posted by John3262005
4 Comments
What are the major gaps and how could we fill them without relying on the US?
Donald Trump is never promising air support in Ukraine.
And Putin would never accept any ceasefire deal that included that.
>President Donald Trump “is taking a 10% markup on the arms
That’s about how much as the dollar has crashed vs the Euro under Trump lol
I guess anything would cover the cost of no real air support.