Benefits from the sell-out

No Ukrainian payback to US

Trump has previously demanded that Ukraine pay back the $350bn (£264bn) of aid that he claims has been provided by the US during the war - a condition that Zelensky rejected.

Tougher tone from US towards Putin

The language used by the US in announcing the deal is notably harsher towards Russia than is usually the case from the Trump administration.

The agreement refers to "Russia's full-scale invasion" and the US Treasury Department adds that "no state or person who financed or supplied the Russian war machine will be allowed to benefit from the reconstruction of Ukraine".

This will hearten Kyiv, which has demanded more pressure be placed on Russia in talks between Moscow and Washington discussing a possible ceasefire.