On What Really Matters, Walter Russell Mead discusses Donald Trump’s take-it-or-leave-it Ukraine deal, why he walked back threats against China and the Federal Reserve, what the terror attack in Kashmir means for Narendra Modi’s India, and the legacy of Pope Francis.

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Global Autonomous Reconnaissance Craft (GARC) from Unmanned Surface Vessel Squadron 3 (USVRON 3) operate remotely in San Diego Bay on May 15, 2024, ahead of the unit’s establishment ceremony. (US Navy photo by Mass Communication Specialist 1st Class Claire M. DuBois)