During a significant meeting at the White House, French President Emmanuel Macron confronted US President Donald Trump regarding Ukraine. Macron countered Trump’s suggestion that European countries were merely loaning funds to Ukraine, asserting that they were providing real financial assistance instead.

“No, to be frank, we have paid,” Macron firmly stated. “We covered 60% of the total contributions, and this was done through grants—not loans. We offered substantial support.” He went on to explain that Europe has frozen Russian assets totaling about $230 billion, noting that these assets are not acting as collateral, but might eventually play a role in negotiations with Russia.

Trump, seemingly unfazed by Macron’s assertions, replied, “That’s fine by me, but they will get their money back. We don’t, and now we do.”

This exchange underscored the differing perspectives on Ukraine between Trump and European leaders. While Trump seeks a swift resolution to the conflict, Macron insists that any peace agreement must uphold Ukrainian sovereignty.

Also read: Trump and Macron: A rekindled relationship amid Ukraine tensions

“This peace must not imply a surrender of Ukraine,” Macron emphasized during a joint press conference. “It should not result in a ceasefire without clear guarantees.”

On the other hand, Trump claimed he is making headway towards an agreement that could allow the US access to Ukraine’s critical minerals, a deal he believes would help repay a portion of the $180 billion in American aid extended since the onset of the conflict. He also hinted that Ukrainian President Volodymyr Zelenskyy may be planning a visit to Washington soon to finalize the arrangements.

European leaders have expressed caution regarding Trump’s foreign policy stance, particularly regarding his hesitance to directly label Russia as the aggressor in the invasion. The US abstained from a United Nations resolution condemning Russia, following European nations’ push to hold Moscow accountable. Ahead of his meeting with Trump, Macron cautioned against any appearance of weakness towards President Vladimir Putin.

“It is crucial for both Americans and Europeans to stand strong against President Putin,” he stated. “How can you be credible in facing China if you show weakness towards Putin?”

Also read: Macron asserts: ‘Peace must not equate to Ukraine’s surrender’

In contrast, Trump has been vocal about his belief that Putin is open to negotiations. “I genuinely believe he wants to reach an agreement,” Trump remarked. “I could be mistaken, but I believe he seeks to negotiate.”