‘Terrible deal’: Expert unpacks Trump’s proposed Russia-Ukraine peace deal

Sky News AustraliaAbout 5 min readNov 24, 2025Watch original
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Key Concepts

  • Trump's Peace Plan for Ukraine: A proposed agreement involving Ukrainian territorial concessions, military limitations, and financial arrangements.
  • Donbas Province: The eastern region of Ukraine, partially occupied by Russia.
  • NATO: The North Atlantic Treaty Organization, a military alliance.
  • Russian Assets: Financial resources belonging to Russia that have been frozen by Western countries.
  • Marco Rubio: US Senator and a key figure in the Trump administration's foreign policy.
  • European Counter-Offer: An alternative peace proposal from European leaders.
  • Net Zero: A policy goal of achieving a balance between greenhouse gas emissions produced and removed from the atmosphere.
  • Security Free Riders: Countries that benefit from collective security arrangements without contributing proportionally.
  • Chris Bowen: Australian Minister for Climate Change and Energy.
  • United Nations President of Climate Negotiations: A role involving leading international climate discussions.
  • Cost of Living Crisis: A period of rapidly increasing prices for essential goods and services.

Trump's Proposed Peace Plan for Ukraine

Donald Trump has put forward a peace plan for Ukraine that is described as heavily favoring Russia. The core elements of this proposal include:

  • Territorial Concessions: Ukraine would be required to surrender the portion of the Donbas province that Russia has not yet conquered.
  • Military Limitations: Ukraine's army would need to be reduced to 600,000 personnel.
  • Weapons Restrictions: Ukraine would be prohibited from possessing long-range missiles.
  • NATO Membership Ban: Ukraine would be barred from joining NATO, a move intended to prevent future Russian invasions.
  • Financial Arrangements:
    • Ukraine would reportedly have to pay "protection money" to Donald Trump.
    • The US would gain control of $100 billion in frozen Russian assets, with the intention of investing them in Ukraine.
    • The US would receive half of the profits generated from these investments.
    • All sanctions against Russia would be dropped.

Ukrainian President Volodymyr Zelenskyy has characterized the choices presented by this deal as grim, stating that Ukraine faces a difficult decision between a "loss of dignity" and the "risk of losing a key partner."

Reactions and Counter-Proposals

The pro-Russian nature of Trump's plan has drawn significant criticism.

  • US Republican Concerns: US Republicans, including Senator Marco Rubio, reportedly expressed privately that the plan was not an American initiative but rather a Russian one. Rubio later publicly denied this, though he acknowledged that changes were being negotiated in discussions with Ukraine and European leaders.
  • European Counter-Offer: European leaders have presented a significantly different counter-proposal. Key differences include:
    • Ukraine would not be forced to cede the entire Donbas.
    • Ukraine could maintain a larger army.
    • The US would not have unilateral control over Russian funds, and the profit-sharing arrangement would be altered.
    • Russia would be responsible for compensating Ukraine.
    • NATO would not be banned from having troops in Ukraine, though their presence would not be permanent.

The question remains whether Trump would accept this European counter-offer.

Analysis of Western Support and Trump's Approach

Greg Sheridan, a foreign affairs writer, offers a critical perspective on the situation:

  • Inadequate Western Support: Sheridan argues that the Biden administration, the Trump administration, and European nations have consistently failed to provide Ukraine with the necessary weapons and financial aid to achieve a decisive advantage, which would have compelled Putin to negotiate.
  • Half-Hearted Sanctions: He describes sanctions against Russia as "half-hearted" and questions why Trump would not have provided Ukraine with weapons like Tomahawk missiles.
  • Putin's Threat Escalation: Sheridan believes Putin has been successful in threatening the West with escalation, while the West has been unsuccessful in threatening Putin.
  • Trump's "Seedy, Grubby, Semi-Corrupt Deal": Sheridan characterizes Trump's proposed deal as "terrible," "shocking," "scandalous," "self-seeking," "greedy," and "foolish," predicting it would guarantee future Russian invasions of Ukraine.
  • Marco Rubio's Dilemma: He views Marco Rubio as a good man caught in a contradiction, being asked to endorse a deal he likely despises.
  • Unreliability of Trump: A sliver of hope, according to Sheridan, lies in Trump's unreliability and inconstancy. The pushback against the current deal might lead him to change his stance and revert to supporting Ukraine.

Europe's Responsibility and "Security Free Riders"

Sheridan highlights Europe's failure to adequately support Ukraine, a European country, without relying on Donald Trump. He calls this "disgraceful" and a "Europe's failure."

  • Trump's Valid Criticism: He acknowledges that Trump is correct in pointing out that European nations, and Australia, are "security free riders," relying heavily on American military efforts without making sufficient contributions to their own defense.
  • Missed Opportunity for Leadership: Sheridan suggests that Trump missed an opportunity to clearly articulate a reliable US commitment and then task Europeans with providing a specific level of support for Ukraine.
  • European Resources: He asserts that wealthy European nations possess the resources to bankroll Ukraine themselves if Trump were to withdraw US support entirely. However, he criticizes their prioritization of domestic spending on issues like paid maternity leave, transgender education, or "net zero fantasies" over preserving freedom in Europe.

Australian Political Commentary: Chris Bowen and Climate Negotiations

The discussion briefly shifts to Australian politics, specifically the role of Chris Bowen.

  • "Utterly Ludicrous" Appointment: Sheridan describes Bowen's agreement to be the United Nations President of Climate Negotiations as "utterly ludicrous," especially in the context of Australia's cost of living crisis, soaring energy prices, and a "collapsing energy grid."
  • Lack of Full-Time Energy Minister: He criticizes the Albanese government for not having a full-time energy minister in cabinet, deeming it "ludicrous."
  • Distraction and Financial Burden: Sheridan suggests that Bowen's new role will involve advocating for financial aid to Pacific Island nations, with Australia likely having to contribute more funds.

Conclusion

The video transcript presents a critical analysis of Donald Trump's proposed peace plan for Ukraine, highlighting its perceived pro-Russian bias and the potential negative long-term consequences. It contrasts this with a European counter-offer and underscores the perceived failures of Western nations, particularly Europe, in providing adequate support to Ukraine. The discussion also touches upon the concept of "security free riders" and criticizes the Australian government's priorities, particularly regarding energy policy and international climate negotiations. The overall sentiment is one of concern regarding the effectiveness of current peace efforts and the strategic direction of international alliances.

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