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Trump's willingness to enter a trilateral summit with Putin and Xi plays right into Moscow's core geopolitical fantasy: a Yalta 2.0 where great powers carve the globe into spheres of influence. Symbolically, it would be a huge victory for the Kremlin

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Correct read. The tell is the format itself: three nuclear powers deciding Ukraine's future with Kyiv outside the room. That format is a legitimacy transfer. Moscow has chased exactly this since 2022, because a seat beside Trump and Xi converts an invasion into a settlement between equals.