President Donald Trump was asked on Thursday about a report that the U.S. is preparing to offer Russian President Vladimir Putin economic incentives to encourage him to end the war in Ukraine— including opening up access to natural resources off Alaska's coast.

The Daily Telegraph reported that Treasury Secretary Scott Bessent is exploring the possibility in efforts to facilitate a ceasefire and lasting peace agreement between Ukraine and Russia.

Why It Matters

Trump's "America First" policy has seen him strike rare earth mineral deals with Ukraine and Kazakhstan. While the Telegraph report has not been verified and there are few details, the prospect of opening up resources near Alaska to Putin would bolster Russia's strategic interests in the Arctic.

What To Know

When ask

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