Trump holds first cabinet meeting: talk about tariffs, mineral agreements and "small"
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According to Golden Finance, on February 26 local time, US President Trump held his first cabinet meeting for his second term. Elon Musk, head of the government's efficiency ministry, although not a member of the cabinet, also attended the meeting. Trump said that the State Department's layoffs must be carefully selected, and the United States will cut the government and reduce the size of the government. Regarding the upcoming U.S.-Ukraine mineral agreement, Trump introduced that the United States "will cooperate with Ukraine on rare earths." The United States hopes to recoup the $350 billion allocated to Ukraine through a mineral agreement. "The United States will not provide security for Ukraine in an agreement to end the conflict between Russia and Ukraine, but Europe will do so." Trump said, adding that Ukraine "can forget" to join NATO. He plans to host Ukrainian President Zelensky's visit to the United States on the 28th, and hopes that the United States will hold more talks with Russia. Trump said most of the tariffs will continue to be implemented. The United States will impose a 25% tariff on goods imported from Mexico and non-energy goods imported from Canada starting from April 2 (original scheduled for March 4). A 25% tariff is expected to be imposed on Europe soon, covering cars and other goods.