Overview
- U.S. special envoy Steve Witkoff said President Trump has talked about creating a tariff-free zone for Ukraine, calling the concept game-changing.
- Witkoff described a model where firms could set up production in Ukraine and ship to the U.S. without tariffs, gaining a price advantage.
- He said the approach could draw significant industrial relocation to Ukraine as part of post-war economic recovery.
- Witkoff delivered the remarks at a Ukraine-focused event on the sidelines of the World Economic Forum in Davos.
- Earlier reporting by Bloomberg indicated President Zelensky has been discussing a zero-tariff arrangement for select Ukrainian industrial regions as part of a recovery package.