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U.S. and EU Leaders Meet Amid Ukraine Peace Efforts and Trade Negotiations

Updated: 2025-08-19 16:26 BST

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What Happened

On August 19, 2025, U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy met at the White House in a notably positive atmosphere, contrasting sharply with their previous tense encounter in February. Zelenskiy, dressed in a formal black suit, symbolized the warmer mood of the meeting. President Trump affirmed U.S. support for Ukraine's security in potential peace negotiations with Russia. The meeting received praise from NATO Secretary General Mark Rutte and German Chancellor Friedrich Merz, highlighting its diplomatic significance. (reuters.com)

In the financial markets, European equity futures, including the Euro Stoxx 50, DAX, and FTSE, rose by about 0.2%, reflecting investor optimism following the diplomatic talks. Market participants are also closely watching the upcoming Federal Reserve Jackson Hole symposium, where Chair Jerome Powell is expected to discuss the U.S. economic outlook. Money markets currently indicate an 83.6% probability of a rate cut in the Fed’s September meeting. (reuters.com)

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Timeline (Today, 2025-08-19)

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