Trump-Zelenskyy meet on Patriot, peace talks
Analysis based on 6 articles · First reported Jul 28, 2026 · Last updated Jul 29, 2026
The meeting signals potential increased U.S. defense cooperation with Ukraine, benefiting defense contractors like Lockheed Martin. However, delayed aid and uncertainty over peace talks may weigh on market sentiment, while new Russian energy sanctions could impact global energy markets.
U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy met in Washington on July 29, 2026, to discuss reviving peace talks with Russia and plans for Ukraine to produce Patriot missile interceptors. The meeting occurred before the funeral of Senator Lindsey Graham, a staunch Ukraine supporter. Zelenskyy emphasized Ukraine's need for anti-ballistic missile systems and welcomed new U.S. legislation advancing sanctions on Russia. Trump promised to grant Ukraine a license to produce Patriot interceptors, as discussed at a recent NATO summit. U.S. envoys Steve Witkoff and Jared Kushner agreed to visit Ukraine to mediate peace talks. Zelenskyy also met with Lockheed Martin officials to discuss co-production of interceptors. The United States — The Pentagon has delayed spending $400 million in authorized aid to Ukraine until fiscal year 2029, drawing criticism from Democrats and some Republicans. Relations between Trump and Zelenskyy have improved after earlier clashes.
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