Not officially an ally only because of Russian threats. If Ukrainians had their say they would have been part of Europe long ago. Like Poland and Baltic states.
Everyone that can, always moves from Russia toward Europe and the United States. Except a few old people on pension, never met any Russians/Ukrainians that actually wanted to live under Russia.
The US looking weak on Russian aggression will have a far worse effect on the dollar and markets
“If Ukrainians had their say they would have been part of Europe long ago.”
They don’t. And they never have.
We have an elderly man in the White House. Yes, I'm talking about Joe Biden. But it does not mean Donald Trump is off the hook. He's 77 now. So far, he's pretty robust. But he'll age quickly. In 2025, he'll turn 79.