www.zerohedge.com By Tyler Durden
Donald Trump stays true to his line and asserts dominance over the geopolitical chessboard — symbolically as well. Following the announcement of a trade deal with the EU at his golf resort in Turnberry, Scotland, peace talks in the Ukraine conflict with Russian President Vladimir Putin are now scheduled in Alaska.
The venue of a negotiation often predefines the balance of power between opponents. In that sense, it must be read as a clear show of force that both European Commission President Ursula von der Leyen and UK Prime Minister Keir Starmer — notably without military fanfare — traveled to Trump’s private resort in Turnberry to be politically “placed” by the American president. Judging by the outcome of those talks, one conclusion is unavoidable: the European Union no longer plays in the league of the great powers. Washington’s interest in intra-European affairs has noticeably cooled, focusing essentially on two things: an orderly withdrawal from military entanglements, and the defense of US corporate interests in the EU single market.
We are witnessing a shift of power from the Atlantic to the Pacific.
Europe Losing Grip
It’s hardly a secret: China and the United States will be setting the standards of international politics in the future. Russia, the world’s most resource-rich country, may be labeled by Europeans as a pariah state and a malicious hub of all evil — but that does not change the fact that the age of postcolonial European dominance is ending, and Moscow will have no trouble playing its resource-market cards outside the shrinking European sphere of influence.
In this spirit, Russian President Vladimir Putin will travel on August 15 to “away territory” in Alaska — once part of Russia — to preliminarily negotiate peace terms in Ukraine with President Trump. Trump sees progress in the stalemated conflict and stresses that the talks will likely lead to a land-swap arrangement “to the benefit of both sides.” While the Russian government has not issued an official statement, much suggests Moscow will not return the occupied territories in Donbas, Luhansk, Zaporizhzhia, and Kherson, nor Crimea. Russia currently holds the military initiative and is increasing pressure on Ukraine and its allies to force a resolution.
To avoid overshadowing the personal meeting, the White House postponed a tariff ultimatum — originally set for August 9 — that would have imposed 100% duties on Russian goods if the war continued, pushing it back to August 27.
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