Four years into Russia’s full-scale invasion of Ukraine, the Trump administration is pressing Kyiv to agree to painful territorial concessions as the price for peace. In a draft peace agreement first reported by Axios in November, the administration proposed that the entire regions of Crimea, Donetsk, and Luhansk be recognized as de facto Russian territory and that Russia retain control of the parts of Kherson and Zaporizhzhia its forces now occupy. Ukrainian President Volodymyr Zelensky is pushing back, refusing to do anything that would violate his country’s territorial integrity. Yet the realities of the battlefield are not on his side....