After a video conference attended by Trump, Vice President Vance, several European heads of government, and the leaders of the EU and NATO, German Chancellor Merz spoke of a “constructive and good conversation.

For Ukraine, the risk is that Trump will push for something he’s been referring to as a “land swap.” He doesn’t say that Russia would simply get the land that it has already taken militarily, which would be problematic enough, because it would reward Moscow and Putin for invading a sovereign state.