President-elect Donald Trump has pledged to bring an end to the Russia-Ukraine war, though he has yet to specify how. A negotiated settlement appears to be the only viable path forward, as a decisive military victory for either side seems unlikely. Western nations, particularly those in Europe, are struggling with internal challenges, leaving them in a weak position with limited leverage at the negotiating table. Meanwhile, Russia also finds itself in an unenviable situation, creating a potential opening for Trump to encourage both parties toward a resolution. However, for any agreement to lead to lasting peace, security guarantees for Ukraine must be a central component. These guarantees are likely to be the key trade-off for any concessions that Europe would likely offer.