Speaking at a rally in National Harbor, Maryland, on Saturday, Donald Trump announced that the U.S. is close to securing a deal with Ukraine to share revenues from the country’s mineral resources. The agreement is reportedly part of efforts to offset the billions of dollars in military aid Washington has provided to Kyiv in its fight against Russian forces. “We want to recover what we’ve invested,” Trump said, adding that the U.S. is interested in acquiring rare earth minerals, oil, and other valuable resources from Ukraine. He suggested that Washington’s interest in Ukraine’s mineral wealth is also driven by a strategic need to compete with China, which dominates the global supply of rare earth elements.