The election of U.S. President Donald Trump changed U.S. policy toward Ukraine from “as long as it takes” to seeking a negotiated peace settlement. These negotiations will be driven by the battlefield reality. The side holding the biggest advantage gets to dictate the terms. This gets more complicated if there is no ceasefire during the negotiations and the battlefield remains dynamic. Belligerents may conduct offensive operations while negotiations are progressing to improve their bargaining position. Historically in many conflicts, peace negotiations lasted years, even as the war raged on, such as during the Korean and Vietnam wars. Thus, the balance of power, measured in resources, losses and quality of strategic leadership are critical to the outcome of negotiations.
For Western powers, this carries serious consequences. They have staked their reputation on this conflict and with it, the fate of the rules-based world order. The Global South and the multipolar world order is waiting in the wings to take over. Failure to achieve victory has the potential to fatally undermine that order and remove the West from global leadership, which it has enjoyed for the last several centuries.