The Ukraine minerals deal proposed by the US could still be signed as early as today, a source familiar with the issue tell the BBC, as long as the country lives up to the already-agreed terms.

The source adds that the Ukraine side is trying to reopen terms that have already been agreed upon, and the US is ready and waiting to sign.

Over the weekend, final technical documents were agreed but sticking points that Ukraine is examining include over governance of the fund, transparency and ensuring funds are traceable.

US and Ukrainian teams stayed up until the wee hours Tuesday night finalising the documents, the source adds.

For more on the war in Ukraine, and a potential deal between Ukraine and the US, you can read our separate live blog.

Later today, Trump is due to host top executives from companies such as Nvidia, Johnson & Johnson and GE Aerospace at the "Invest in America" event at the White House.

Bloomberg reports that companies from the defence, tech, and healthcare industries have been invited to attend, and that the event is meant to highlight current investments and attract more to the US.

Earlier on Wednesday, Nvidia CEO said he wanted the Trump administration to change the regulations around exporting artificial intelligence technology so that businesses could better capitalise on future opportunities.

Image source, Getty Images

While Trump has tried to allay concerns about empty shelves and high prices, Democratic leaders are slamming his handling of the economy.

We're currently hearing from Democrats from the US Senate and House of Representatives, who are speaking on the steps of the Capitol condemning Trump's first 100 days.

Senate Minority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries, flanked by dozens of fellow Democrats, slammed Trump's tenure so far as an "abject failure" and a "disaster".

"It is a failed economy, and the American people know it," Jeffries said.

Schumer said that costs for the average American are "up and up and up".

On tariffs, Schumer said Trump's policies are alienating allies and driving countries into China's arms

"Donald trump is trying to ruin our democracy," he said. "He is a would be dictator, he wants to be a king."

Also on the list of attack points were Signal gate, DOGE slashing federal funding and mass deportations.

"This is the worst first 100 days that this country has seen in a very very long time," said Senator Raphael Warnock.

As reports emerge of businesses loading up on goods fearing an imminent price rise, Trump did accept during his cabinet meeting that his tariffs and the ensuing trade war with China may in fact lead to supply chain snarls and higher costs.

Addressing fears that soon there will be empty shelves in stores, Trump said: “Well, maybe the children will have to have two dolls instead of 30 dolls, you know? And maybe the two dolls will cost a couple of bucks more than they would normally.”

Oliver Smith
BBC News

Kristin Roehmer’s toy store in Scottsdale, Arizona was packed to the rafters with all the latest toys from all over the world when we visited last week, but only 10% of them are made in America.

Most are imported and, overwhelmingly, from China.

She’s well stocked and not panicking yet, but says notifications on price increases were being emailed to her constantly, with one arriving in her inbox whilst we were there.

“All of our manufacturers are coming to us now saying that they are increasing prices, anywhere from seven to 30%, so it will take a toll on our business”.

Kristin says they have filled up their warehouse with some items they know will go up in price, and says others are doing the same.

“I know homebuilders that have loaded up on lumber and are storing it on empty lots, steel manufacturers loading up on steel to avoid being hit, because they can’t take the price increases”.

Image source, Getty Images

As the president's cabinet members showered praise on their boss for his accomplishments in the first 100 days, his chief of staff Susie Wiles whom Trump has nicknamed "Ice Maiden", awarded his administration "A+" for its productivity.

In an interview with the New York Post, Wiles said the administration had done a lot in very little time, citing Trump's 142 executive orders - more than Joe Biden in his entire four-year term.

On trade and tariffs, Wiles said: "(Trump) has been extremely hands on. He’s taken a call with virtually every leader of every country… there’s sort of 15 countries that really matter in all of this." Wiles added that the US was "very close" to making deals with "a couple of countries".

On Russia, Wiles said: "The president has devoted 100 days and his very top people to Russia and Ukraine, and if peace is not achieved, it will be because it can’t be achieved. It just cannot."

Trump will likely keep all of his cabinet secretaries through the first year, Wiles said, adding: "They’re all spectacular performers, spectacular professionals."

She did not specifically mention Pete Hegseth, the defence secretary who has seen bipartisan calls for him to resign after he was exposed for communicating sensitive military operations in a private group chat.

Bernd Debusmann Jr
Reporting from the White House

Here at the White House, we've just wrapped up the open-door portion of the cabinet meeting, which lasted exactly two hours and three minutes including remarks by each cabinet member and a brief question-and-answer period.

It was, as one might expect, largely self-congratulatory, with each cabinet member delivering remarks on their accomplishments within their department over the first 100 days of this administration. This event was for progress statements.

Very little new information came out of the cabinet meeting. Some of these officials are here at the White House quite frequently, and the talking points were largely ones I felt I had heard many times before during news briefings or "gaggles" outside the Oval Office.

It was also notable to me that the question-and-answer period was much shorter than usual. I was in the room for the last cabinet meeting, which although shorter in total length, was more focused on Trump's answers.

The topics that received emphasis from the president today, however, were quite telling in terms of the administration's priorities.

Immigration, in particular, is an issue in which they believe they are delivering on their campaign promises.

On the economy, the administration continues to shrug off any criticism and has sought to reassure Americans that ultimately, tariffs will be a benefit for them.

Notably, blaming the Biden administration for challenges facing the United States has become a talking point across many of the cabinet departments, for everything from the economy and foreign policy to veterans affairs.

Imogen James
Live reporter

If you missed the Q&A session with President Trump after his nearly two-hours long cabinet meeting, here's a recap of how that went:

Question: is there an update on Kilmar Abrego Garcia, the 29-year-old from El Salvador who was deported from the US mistakenly in March?

Answer: he has not spoken with El Salvador's president about the return of Abrego Garcia.

Question: why is he blaming Biden for bad stock markets, when he takes credit for the good ones?

Answer: he inherited a mess from Biden, and he is not taking "credit or discredit".

Question: will he try and mend the relationship with Canada?

Answer: he spoke with Prime Minister Mark Carney yesterday, and he will visit the US within a week.

Question: will he speak to the Chinese President Xi Jinping?

Answer: it will happen, but China has been ripping off the US over trade for a long time.

Image source, Getty Images

Joe Biden's spokesman Andrew Bates has responded to Trump's repeated accusations against the former president.

Bates says Biden handed Trump the "best-performing economy in the world" that is now "plummeting toward a Trumpcession", according to the BBC's US partner CBS News.

Trump is the "only president to have sent a strengthening economy into a nosedive in 100 days, and the only president to have bankrupted a casino", he continues, adding that he would "probably be broke himself" if he wasn't "milking wealthy supporters for exemptions from his tariffs".

The White House has put out an official statement, external in response to Wednesday's report from the Commerce Department that economic growth has slowed this quarter.

The statement included a quote from press secretary Karoline Leavitt who, like Trump recently, has sought to blame the poor gross domestic product (GDP) results on former president Joe Biden.

"GDP is a backward-looking indicator," the statement said.

"Today’s headline figure reflects the end of the Biden economic disaster, not the beginning of the economic boom that President Trump is delivering."

Gross domestic investments are up, as are US exports, the statement said.

"Private employment gains, consumer spending, capital investment, and aggregate hours worked have all accelerated since January, while inflation has decelerated."

The marathon cabinet meeting followed by a Q&A session has now ended with Trump congratulating everyone at the table.

He ends by saying: 'I like my life, I'm working hard".

Image source, Reuters

Trump is asked about when he will speak to the Chinese president Xi Jinping.

He says "it'll happen".

Trump segues into tariffs and says China is having "tremendous difficulty because their factories are not doing business".

"Maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will cost a couple bucks more than they would normally," he says.

The US does not need most of the things that China is producing and exporting, he adds.

China is the leading candidate for the "chief ripper offer", he says, to laughs in the room.

Trump is now addressing a question about whether he will use the Insurrection Act to send troop to the US border.

He says that the US is "under attack, in many ways worse than under attack" by migrants crossing the border.

He says the courts are impeding the administration from deporting "murderers", and accuses the Biden administration of letting in people who are "making our criminals look like the nicest people on earth". "These are serious criminals," he says.

He again criticises the "rogue judges" preventing his administration from deporting illegal migrants.

Circling back to the question, he repeats that the US has the "most secure border in the history of the country [...] so I don't think we have to worry about your question too much".

Image source, EPA

Trump says that Canada's newly elected Prime Minister Mark Carney called him yesterday to make a deal on tariffs and that he will be visiting the US within the next week.

He described Carney as a nice guy.

"They both hated Trump, but it was the one who hated Trump, I think, the least that won," he said, referring to Liberal leader Carney and his opponent, Conservative Pierre Poilievre.

The topic of the Ukraine minerals deal is brought up.

As we reported earlier, a senior Ukrainian official told the BBC that Ukraine is "ready to sign" a minerals agreement with the US "today".

There's still no clarity on when the deal will be signed.

Secretary of the Treasury Scott Bessent says the US is ready to sign the deal as soon as this afternoon.

Image source, Getty Images

Trump is now asked about taking credit for stock market highs before the election and after he was elected. So now that the stock market is not doing as well, why is he blaming Biden, the journalist says.

Trump responds saying he isn't taking "credit or discredit" for the stock market. "I'm just saying that we inherited a mess", he tells the reporter.

The stock market is an "indicator" and he claims it shows how "bad the situation" was that he "inherited".

He adds that it isn't just this quarter that he is blaming Biden for, but also "you could say" the next one will be down to Biden too.

He says they are turning it around.

Trump is now speaking again after we heard updates from his cabinet members. He praised his group, saying he's proud of them and calling them an "impressive group of people".

After agreeing to take some questions from the media, Trump is asked about Kilmar Abrego Garcia - a 29-year-old from El Salvador who was deported back from the US in March.

Trump said Salvadoran president Nayib Bukele is a "great friend of our country" but that he hasn't spoken with him about returning Garcia.

Imogen James
Live reporter

Image source, Reuters

As the president opens the floor to questions from from reporters, here's a recap of what the key players had to say during an almost two-hour Cabinet meeting we have been monitoring:

President Donald Trump: briefly summarised achievements of his administration, including deportations and border crossings. He blamed the previous president for the GDP shrinking in the US this quarter. On China, he hopes they will make a deal over the tariffs.

Vice-President JD Vance: called past presidents "placeholders" instead of being "men of action", then turned his attention to the media, blasting them for focusing on "BS" instead of stories on the administration's achievements.

State Secretary Marco Rubio: told the room he is focusing on foreign policy that is good for America, not the world. It is now guided by what is making America stronger, safer and richer.

Treasury Secretary Scott Bessent: avoided mentioning the news today that the US economy has shrunk for the first time since 2022. Instead, he said economic security "has never been better".

Elon Musk: the head of the Department of Government Efficiency drew some laughs when he wore two baseball caps. He used his time to tell the room that "this could be the greatest administration from the dawn of the country".

National Intelligence director Tulsi Gabbard: revealed they have been investigating people for leaking classified information to the media. She's already referred some for criminal prosecution. They're also investigating election integrity.

Image source, Getty Images

Secretary of State Marco Rubio is now speaking, and likely the last cabinet member to speak.

Like the other cabinet members, he starts by praising Trump for the team he has assembled, and for his speed of taking action in his time in office.

Rubio says foreign policy is no longer about what is good for the world, it's about what is good for America.

He says it is now guided by whether or not America is stronger, safer, and richer.

Secretary of State Marco Rubio is up next after Doug Burgum of the interior. He is seated to the president's right.

This cabinet meeting has now been going on for nearly over an hour- and-a half now, as all the cabinet secretaries and some, give lengthy updates.