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In a recent interview with NBC, the American president expressed his frustration with Russian President Vladimir Putin, stating he was "annoyed" and "furious" over the ongoing conflict in Ukraine. He threatened to impose secondary tariffs on Russian oil if a peace agreement isn't reached, placing blame squarely on Russia.
Putin responded through his spokesperson, Dmitry Peskov, indicating that he remains open to communication with the American president, but no new meetings are planned. This response suggests that Putin is unwilling to back down, despite the escalating tensions between the two nations.
The conflict in Ukraine has been a major point of contention between the US and Russia, with both countries having vastly different views on how to resolve the issue. The American president's threat of secondary tariffs on Russian oil could have significant economic implications for Russia, which relies heavily on oil exports.
Despite tensions, negotiations between Washington and Moscow are underway regarding the joint production of metals from rare earths in Russian territory, as announced by Putin's envoy Kirill Dmitriev in the Russian daily Izvestia. This development suggests that both countries are still willing to cooperate on economic matters, despite their differences on Ukraine.
The outcome of these negotiations remains to be seen, but they could potentially have significant implications for the global economy. Rare earth metals are crucial components in many modern technologies, including smartphones, laptops, and renewable energy systems. A joint US-Russia project to produce these metals could help to reduce prices and increase availability, benefiting industries around the world.
However, the success of these negotiations will depend on the ability of both countries to put aside their differences and work towards a common goal. Given the current tensions between the US and Russia, this will be a challenging task.
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