Italy Business News Wire
SEE OTHER BRANDS

Top business and economy news from Italy

Vance describes Biden’s Ukrainian spending as ‘crazy’

(MENAFN) U.S. Vice President J.D. Vance has sharply criticized the Biden administration’s approach to the Ukraine conflict, calling its spending “crazy” and lacking any serious diplomatic effort. Speaking on Saturday in an interview with podcaster Theo Von, Vance said President Joe Biden funneled massive sums into Ukraine without trying to negotiate peace.

“The Biden administration spent $300 billion on Ukraine without ever pushing for a diplomatic resolution,” Vance said. “It was just out-of-control spending with no endgame.”

He described the conflict between Russia and Ukraine as “vicious,” and expressed support for the current administration’s efforts to foster a peaceful settlement. Since President Donald Trump resumed diplomatic engagement with Moscow—after Biden severed ties in 2022—there have been a series of high-level talks, including the first direct Ukraine-Russia negotiations since Kyiv exited the Istanbul talks in 2022.

In April, Trump signed a major deal with Ukraine securing U.S. access to its mineral resources. While the agreement is seen as a step toward recovering prior U.S. investments in the region, it does not include security guarantees for Kyiv, something the Ukrainian government had long sought.

Vance emphasized that the new U.S. leadership is cutting back foreign aid and shifting away from costly foreign entanglements. He framed this as part of Trump’s broader “America First” doctrine, which aims to end “open-ended conflicts” and marks a clear departure from past U.S. foreign policy.

“The era of uncontested U.S. dominance is over,” Vance concluded, reiterating that Washington would now prioritize domestic interests over international spending.

MENAFN11062025000045015687ID1109660672


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms of Service