Treasury Secretary Bessent: My strong belief is there will be a meeting between Putin and Zelenskyy

Ukraine-Russia Conflict Resolution - The US administration aims to facilitate a bilateral meeting between President Putin and President Zalinski to resolve the conflict [4] - The US believes both sides are ready for the conflict to end [5] - Economic considerations, including carrots and sticks, are crucial to ensure President Putin adheres to any peace agreement [4] Economic Impact of the Conflict - Russia's economy is facing over 20% inflation due to the war [5] - More than 25% of Russia's GDP is attributed to military buildup, indicating an imbalanced economy [5] - Frozen Russian assets are being used to finance the war [6] - The US plans to increase tariffs on India for purchasing sanctioned Russian oil [6] Trade and Tariff Negotiations - The US has completed tariff negotiations with Europe [8] - The Digital Services Tax (DST), an unfair tax on US internet companies by some European countries, remains a point of contention [10] - The US is pushing back against the DST globally, as it could set a precedent for countries like India, Turkey, and Brazil [13] - The US administration will not allow the DST to hinder security guarantees for Ukraine [12]