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Monday, March 3, 2025

Trump mulls ‘pivot’ from European conflicts, building Latin American alliances after Zelensky blowup

 The Trump administration is considering cutting off additional military aid to Ukraine following Friday’s dramatic Oval Office blowup involving the president, Vice President JD Vance and Ukrainian President Volodymyr Zelensky.

President Trump was due to meet Monday with key officials — including national security adviser Mike Waltz and Secretary of State Marco Rubio — to discuss the prospect of letting European allies take over assisting Ukraine in its war against Russia, a source close to the White House told The Post.

“This is going to be part of a larger pivot away from conflicts in Europe and a pivot towards building alliances in Latin America and in the Western Hemisphere,” the source said, name-checking El Salvador President Nayib Bukele, Argentina President Javier Milei and Venezuelan opposition leader MarĂ­a Corina Machado Parisca as potential beneficiaries.

President Trump and Ukraine’s President Volodymyr Zelensky meet in the Oval Office of the White House in Washington, DC, February 28, 2025.AFP via Getty Images

At the White House Monday, Waltz pointedly told reporters that “we welcome the Europeans taking a lead in European security.”

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“The American people’s patience is not unlimited, their wallets are not unlimited, and our stockpiles and munitions are not unlimited,” Waltz told Fox News Channel’s “America’s Newsroom” Monday.

“So the time to talk is now.”

Trump responded Monday morning on Truth Social to Zelensky’s statement that a peace settlement between Moscow and Kyiv is “very, very far away.”

“This is the worst statement that could have been made by Zelenskyy [sic], and America will not put up with it for much longer!” the president said.

“It is what I was saying, this guy doesn’t want there to be Peace as long as he has America’s backing and, Europe, in the meeting they had with Zelenskyy [sic], stated flatly that they cannot do the job without the U.S. – Probably not a great statement to have been made in terms of a show of strength against Russia. What are they thinking?”

Waltz said the US welcomes Europe “taking a lead in European security.”AFP via Getty Images

Tension between the US and Ukraine was still simmering Monday after the explosive Trump-Zelensky meeting that ended with the Ukrainian president being told to leave the White House without signing a long-awaited framework mineral deal.

Trump and Vance both called Zelensky “disrespectful” for trying to discuss security guarantees beyond the mineral deal, while Zelensky told Fox News anchor Bret Baier he was “not sure that we did something bad” by rebuking Vance in the meeting.

The Ukrainian president repeatedly said he would be willing to accept the minerals deal and would want to have more discussions with Trump, but the US president insisted Zelensky would have to want “peace” and not “fight.”

President Trump arrives at the White House in Washington, DC, with father-in-law Viktor Knavs following a weekend trip to Florida, March 2, 2025.REUTERS
A dozen foreign leaders met in London over the weekend to discuss future steps in ending the Russia-Ukraine war.POOL/AFP via Getty Images

European leaders largely backed Zelensky over the weekend after the blowup, while Kremlin spokesperson Dmitry Peskov said Monday that Washington now “largely aligns” with the foreign policy vision of the Russian government.

On Monday, French President Emmanuel Macron proposed a partial one-month truce between Ukraine and Russia — with combat operations in the air, at sea and against energy infrastructure to be suspended for that period.

“There will be no European troops on Ukrainian soil in the coming weeks,” Macron told French newspaper Le Figaro. “The question is how we use this time to try to obtain a truce, with negotiations that will take several weeks.”

France and the UK have already said they would be open to sending peacekeeping troops to Ukraine after a peace deal is signed as a security backstop, something Trump has indicated he would not do.

A White House spokesperson did not immediately respond to an inquiry from The Post.

https://nypost.com/2025/03/03/us-news/trump-mulls-pivot-from-european-conflicts-building-latin-american-alliances-after-zelensky-oval-office-blowup/

TSMC CEO to meet with Trump to tout boosted investment plans

 TSMC CEO C. C. Wei plans to meet with President Donald Trump on Monday to discuss the Taiwanese semiconductor company's investment plans in the United States, the company said.

In November, the U.S. Commerce Department under then President Joe Biden finalized a $6.6 billion government subsidy for the U.S. unit of Taiwan Semiconductor Manufacturing Co for semiconductor production in Phoenix, Arizona. In April, TSMC agreed to expand its planned investment by $25 billion to $65 billion and to add a third Arizona fab by 2030.

https://money.usnews.com/investing/news/articles/2025-03-03/tsmc-ceo-to-meet-with-trump-to-tout-investment-plans

Boston Scientific Announces Agreement To Acquire Sonivie Ltd

 

  • Boston Scientific has agreed to buy renal denervation firm Sonivie for up to $540 million, adding yet another acquisition to the company’s growing M&A list.
  • Boston Scientific, which owns about a 10% equity stake in Sonivie, will make an upfront payment of approximately $360 million for the remaining 90% stake and offer up to $180 million in a regulatory milestone payment, according to the Monday announcement. The deal is expected to close in the first half of 2025.
  • Over the past year, Boston Scientific has been one of the medtech industry’s biggest spenders. The company’s deal-making spree includes buying Axonics for $3.7 billionSilk Road Medical for about $1.28 billion and Bolt Medical for up to $664 million.

Renal denervation is a catheter-based procedure that uses energy to destroy nerves in the kidney to reduce activity and lower blood pressure. Medtronic has estimated that 1% penetration of the market would be equal to about $1 billion, and analysts picked renal denervation as a top space to watch in the medtech industry in 2025.

Medtronic expects the renal denervation space to take off in the coming years after the device maker and Recor Medical received Food and Drug Administration approvals for their respective systems. The catalyst could come from anticipated Medicare coverage expansion. The Centers for Medicare and Medicaid Services began a national Medicare coverage analysis for renal denervation in January, with completion expected in October.

Sonivie’s device, called the Tivus system, uses ultrasound energy rather than radiofrequency energy to ablate renal nerves. Boston Scientific, in the announcement, argued that ultrasound energy can potentially penetrate tissue more deeply, which could result in faster procedures. Recor Medical’s device also uses ultrasound energy, while Medtronic’s uses radiofrequency.

“We aren’t surprised to see activity in the space following Medtronic’s and ReCor’s approvals last year in this very large market with few alternative treatments,” J.P. Morgan analysts wrote Monday in a note to investors. The analysts added that the deal validates the renal denervation market overall and shows that “fast followers aren’t that far behind, now that the initial market entrants have done the difficult jobs and laid the groundwork for approval and reimbursement.”

Tivus is currently an investigational technology. Sonivie recently began a global investigational device exemption pivotal trial of the device, according to the release.

https://www.medtechdive.com/news/boston-scientific-sonivie-deal-renal-denervation/741375/

Trump Bashes 'Worst Statement That Could Have Been Made By Zelensky' - Mulls Canceling Military Aid

 Update(1212ET)President Trump moments ago reacted fiercely to fresh statements of Ukrainian President Zelensky, who said that he sees the end of the war with Russia as being "very, very far away." Zelensky had even added that he expects to keep receiving American support despite last Friday's blow-up at the White House, wherein VP Vance charged that he is ungrateful.

"I think our relationship (with the U.S.) will continue, because it’s more than an occasional relationship," Zelenskyy said late Sunday. "I believe that Ukraine has a strong enough partnership with the United States of America" to keep aid flowing. These were some of the remarks featured in the Associated Press article highlighted in a Truth Social post by Trump on Monday. 

Trump warned in response, "This is the worst statement that could have been made by Zelensky, and America will not put with it for much longer.He added in reference to Zelensky that "this guy doesn't want there to be Peace as long as he has America's backing...".

This comes amid various unconfirmed reports that Trump will discuss halting military aid to Ukraine in a meeting with key advisors on Monday. Given Trump's lashing out at Zelensky this morning, this certainly does look accurate.

Here's what the NY Times reported Friday:

President Volodymyr Zelensky of Ukraine entered the White House for a meeting with President Donald Trump on Friday knowing that the flow of weapons and military hardware from the United States to his country had essentially stopped.

By the time he left, after a televised argument between the two leaders, the situation appeared even more dire.

As the two men met, it had been 50 days since the Pentagon had announced a new package of weapons to Ukraine and the new administration had said little about providing any more.

A Trump administration official said later on Friday that all U.S. aid to Ukraine — including the final shipments of ammunition and equipment authorized and paid for during the Biden administration — could be canceled imminently.

This scenario is clearly getting closer and closer, especially given Zelensky's continued open defiance, issuing statements critical of the White House while appearing 'tough' for the European cameras.

Meanwhile...

Trump's Director of National Intelligence is also piling on in a fresh interview, highlighting the anti-democratic nature of the Zelensky regime...

* * *

Ukrainian President Volodymyr Zelensky has remained defiant in the wake of Friday's explosive confrontation with President Trump and Vice President JD Vance in the Oval Office. He said from London Sunday that he will not apologize that that his country's freedom is "not for sale".

He acknowledged that the public spat "didn’t bring anything positive or additional to us as partner" - however he also said "This relationship will continue because this is more than a relationship in one moment."

Zelensky in London, AFP

"If you don’t have an end to the war and you don’t have security guarantees, no one is able to control a ceasefire," he told reporters while preparing to leave the UK, following a meeting with European leaders to agree on continued support for Ukraine.

Financial Times has underscored that Zelensky is not only rejecting calls from the US to apologize to Trump and Vance, but he's now openly pushing back against ceasefire. The Ukrainian leader...

rejected calls for Ukraine to agree an immediate ceasefire in its war with Russia, saying it would be “failure for everyone” if a cessation of hostilities were not accompanied by detailed security guarantees.

"If you don’t have an end to the war and you don’t have security guarantees, no one is able to control a ceasefire," Zelensky stressed in these latest remarks.

He still proclaimed that he remains "ready" to sign a US-Ukraine minerals deal, confirming that his aides are now speaking to Trump's team about ways to move forward on it.

Zelensky says he is prepared to sign a mineral rights deal with the US and thinks the relationship with Washington can be salvaged. —NBC

But the mood from the White House appears to be one of willingness to cut Zelensky off altogether. There are reports that President Trump is mulling cutting off all continuing defense aid to Ukraine.

Administration officials have sought to clarify that this was no ambush which played out before media cameras on Friday, but that Zelensky was rude and confrontational the whole time, and never satisfied with what the US was providing to Ukraine.

National Security Advisor Michael Waltz told the Sunday news shows that President Trump "was frustrated and angry because it’s unclear if Zelensky truly wants to stop the fighting. The President and VP said enough is enough."

Walz added: "This [lecturing] was the wrong approach, wrong time, and the wrong president to try to do this kind of a thing. This is not Joe Biden. The entire world saw that, crystal clear."

And this segment from Walz's account in a Fox News interview is hugely revealing:

Q: How did Zelensky react after press left? Was he surprised?

Waltz: No. His team was. His ambassador, and adviser were practically in tears, wanting this to move forward. But Zelensky was still argumentative. I said “Mr. President, time is not on your side here, on the battlefield, and in terms of the world situation. And most importantly, USAID, and the taxpayers' tolerance, is not unlimited”.

Waltz: I think Zelensky is used to hearing that “as long as it takes” and blank check from Biden.

He has not gotten the memo that this is a new sheriff in town. This is a new president, and we are determined to take a new approach towards peace.

European leaders are meanwhile trying to absorb the blowback and fallout, now talking about an alternative peace plan backed by "boots on the ground and planes in the air". UK Prime Minister Sir Keir Starmer is leading the way on plans for a 'stabilization force' to back a Ukraine ceasefire, likely involving France - and which the Europeans hope Trump can sign on to. But the Kremlin is likely to immediately reject it, given the Western 'boots on the ground' aspect to the plan.

https://www.zerohedge.com/geopolitical/zelensky-rejects-calls-immediate-ceasefire-wont-apologize-trump-ukraine-not-sale