Trump and Putin talk about war in Ukraine but make no progress on ceasefire
'It was a pretty long call,' Trump said Thursday evening, saying that the war in Ukraine was among the topics.
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Trump plans to meet Putin next week in Ukraine peace bid
President Donald Trump said Wednesday he plans to meet with Vladimir Putin as soon as next week in a fresh bid to broker a peace deal with Ukraine after U.S. envoy Steve Witkoff held a 'highly productive' meeting with the Russian president. Trump hailed the meeting as having made 'great progress,' but he didn't elaborate. A Kremlin spokesman said the meeting lasted three hours and was 'useful and constructive.' 'Everyone agrees this war must come to a close, and we will work towards that in the days and weeks to come,' Trump posted on his social media site. 'President Trump wants this brutal war to end,' added White House press secretary Karoline Leavitt. Trump told European allies about his plans to meet with Putin and his hopes to broker a three-man meeting between the two of them and Ukrainian President Volodymyr Zelenskyy, several American and European media outlets reported. A face-to-face meeting between Putin and Zelenskyy could amount to a crucial crossroads in the war that Putin launched against neighboring Ukraine more than three years ago. In announcing his plans, Trump didn't mention his looming Friday deadline for Putin to start talking peace with Kyiv, raising obvious questions about whether the threat is still hanging over the Kremlin. Trump last week set a stricter deadline of '10 or 12 days' for Putin to wind down the war against Ukraine or start peace negotiations, threatening 'severe tariffs' and other economic penalties against Russia and its economic partners if it refuses. Zelenskyy, who also spoke with Trump on Wednesday, said Putin's agreement to meet could suggest that pressure from Trump is working, though he warned that the wily Kremlin leader could be raising hopes for peace as a negotiating tactic without any intention of agreeing to end the conflict. 'The main thing is that they do not deceive us in the details,' Zelenskyy said in his nightly address to the Ukrainian people. Moscow had so far shrugged off Trump's deadline as empty bluster, noting he has given numerous previous ultimatums on various issues that turned out to be toothless threats. Russia believes it has the upper hand on the battlefield, at least in the short and medium term, giving it little reason to agree to even a brief ceasefire. Its troops have made modest advances along the long front line in Ukraine's eastern Donbas region and ousted Ukrainian troops from a sliver of a Russian border territory that they had previously seized. Russia has also increasingly mounted deadly missile and drone attacks on Ukrainian civilian targets. Earlier on Wednesday, Witkoff took a morning stroll in Moscow with Kirill Dmitriev, the Russian president's envoy for investment and economic cooperation, which was captured in footage aired by a Russian news agency. Dmitriev played a key role in three rounds of direct talks between delegations from Russia and Ukraine, as well as discussions between Russian and U.S. officials, but the negotiations made no progress on ending the three-year war. Trump has recently flip-flopped to a much harsher stance on Russia after seeing Putin for months spurn his demands for concessions. Still, Trump has shown himself to be unwilling to take a firm stance of defending Ukraine and sticking to it, giving Putin an incentive to wait out any threats. The new deadline and threat to impose 'secondary sanctions' on nations that buy Russian energy, like India, China and Turkey, are particularly problematic because those economic powerhouses have no control over Russia's stance on Ukraine. They're unlikely to cut economic ties with Moscow in response to such U.S. demands, especially when Trump himself was cozying up to Putin just a few weeks ago. The White House announced it is tacking on a new 25% tariff on products imported from India, raising the total tax to 50%, which suggests it doesn't consider Putin has met the deadline.
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Trump says he could impose more tariffs on China, similar to India duties, over Russian oil
WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday said he could announce further tariffs on China similar to the 25% duties announced earlier on India over its purchases of Russian oil, depending on what happens. "Could happen," Trump told reporters, after saying he expected to announce more secondary sanctions aimed at pressuring Russia to end its war in Ukraine. He gave no further details. "It may happen ... I can't tell you yet," Trump said. "We did it with India. We're doing it probably with a couple of others. One of them could be China." Trump on Wednesday imposed an additional 25% tariff on Indian goods, on top of a 25% tariff announced previously, citing its continued purchases of Russian oil. The White House order did not mention China, which is another big purchaser of Russian oil. Last week, U.S. Treasury Secretary Scott Bessent warned China that it could also face new tariffs if it continued buying Russian oil.
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Trump Says He'll Likely Name Temporary Fed Governor to Open Seat
(Bloomberg) -- President Donald Trump indicated he would likely nominate a temporary Federal Reserve governor to fill the soon-to-be vacant seat on the central bank's board within the coming days, rather than use the seat to signal his choice to replace Jerome Powell as chairman. All Hail the Humble Speed Hump Mayor Asked to Explain $1.4 Billion of Wasted Johannesburg Funds Three Deaths Reported as NYC Legionnaires' Outbreak Spreads Major Istanbul Projects Are Stalling as City Leaders Sit in Jail PATH Train Service Resumes After Fire at Jersey City Station 'We're probably going to go with the temp and then a permanent,' Trump told reporters Wednesday at the White House. 'I think the temp is going to be named, I'd say, over the next two, three days, and then we're going to go permanent.' Fed Governor Adriana Kugler announced last week that she plans to vacate her role on Aug. 8. Advisers had encouraged him to take that approach because it would give him additional time to interview candidates to serve as chair. Trump said he was considering 'probably' three candidates for the position and that they could come from Wall Street. 'Yeah, essentially, we're all from Wall Street, aren't we, when you get right down to it?' Trump said. He added that Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent, and Vice President JD Vance were among the advisers participating in the process. Separately, Trump reiterated that he considered former Federal Reserve Governor Kevin Warsh and National Economic Council Director Kevin Hassett as top candidates for the Fed Chair role when it becomes open. Russia's Secret War and the Plot to Kill a German CEO The Pizza Oven Startup With a Plan to Own Every Piece of the Pie AI Flight Pricing Can Push Travelers to the Limit of Their Ability to Pay Government Steps Up Campaign Against Business School Diversity The GOP Is Choosing Pesticides Over the MAHA Moms ©2025 Bloomberg L.P. Sign in to access your portfolio
