The two weeks after Donald Trump and Volodymyr Zelensky’s Oval Office clash have precipitated drastic shifts in transatlantic relations and the potential trajectory of Russia’s war in Ukraine. Now a possible ceasefire is on the horizon.

This week on the Bear Market Brief podcast, host Aaron Schwartzbaum and Maximilian Hess make sense of the Oval Office blow-up, discuss President Trump’s strategic aims, Russia’s goals, Europe’s response, the US-Ukraine minerals deal, and what might come next with Russia sanctions.

This episode was recorded on March 3, 2025.

For more about economic warfare in the 21st century, be sure to check out Max’s newsletter, Conflict and Credit

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