Trump vows steep copper tariffs, broadens trade war
One day after he pressured 14 trading partners, including powerhouse US suppliers like South Korea and Japan, with sharply higher tariffs, Trump reiterated his threat of 10 per cent tariffs on products from Brazil, India and other members of the BRICS group of countries.
He also said on Tuesday trade talks have been going well with the European Union and China, though added he is only days away from sending a tariff letter to the EU.
Trump's remarks, made during a White House cabinet meeting, could inject further instability into a global economy that has been rattled by the tariffs he has imposed or threatened on imports to the world's largest consumer market.
US copper futures jumped more than 10 per cent after Trump's announcement of new duties on a metal that is critical to electric vehicles, military hardware, the power grid and many consumer goods.
They would join duties already in place for steel, aluminium and car imports. US pharmaceutical stocks also slid from the day's highs following Trump's threat of 200 per cent tariffs on drug imports, which he said could be delayed by about a year.
Other countries, meanwhile, said they would try to soften the impact of Trump's threatened duties after he pushed back a Wednesday deadline to August 1.
Trump's administration promised "90 deals in 90 days" after he unveiled an array of country-specific duties in early April. So far only two agreements have been reached, with the United Kingdom and Vietnam. Trump has said a deal with India is close.
Trump said countries have been clamouring to negotiate.
"It's about time the United States of America started collecting money from countries that were ripping us off ... and laughing behind our back at how stupid we were," he said.
Trump's administration has been touting those tariffs as a significant revenue source. Treasury Secretary Scott Bessent said Washington has taken in about $US100 billion ($A153 billion) so far and could reach $US300 billion ($A460 billion) by the end of the year.
The United States has taken in about $US80 billion ($A123 billion) annually in tariff revenue in recent years.
Global markets have not responded dramatically to the latest tariff twists, which come after months of turmoil.
Trump said he will "probably" tell the European Union within two days what rate it can expect for it exports to the US, adding that the 27-member bloc had been treating his administration "very nicely" in trade talks.
The EU, the largest bilateral trade partner of the US, aims to strike a deal before August 1 with concessions for certain key export industries, such as aircraft, medical equipment and spirits, according to EU sources. Japan, which faces a possible 25 per cent tariff, wants concessions for its large car industry and will not sacrifice its agriculture sector, a powerful domestic lobby, for the sake of an early deal, top trade negotiator Ryosei Akazawa said on Tuesday.
Washington and Beijing agreed to a trade framework in June, but with many of the details still unclear, traders and investors are watching to see if it unravels before a separate, US-imposed August 12 deadline or leads to a lasting detente.
"We have had a really good relationship with China lately, and we're getting along with them very well. They've been very fair on our trade deal, honestly," Trump said, adding that he has been speaking regularly with Chinese President Xi Jinping.
Trump said the United States would impose tariffs of 25 per cent on goods from Tunisia, Malaysia and Kazakhstan, with levies of 30 per cent on South Africa, Bosnia and Herzegovina, climbing to 32 per cent on Indonesia, 35 per cent on Serbia and Bangladesh, 36 per cent on Cambodia and Thailand and 40 per cent on Laos and Myanmar.
US President Donald Trump has broadened his global trade war as he announced a 50 per cent tariff on imported copper and said long-threatened levies on semiconductors and pharmaceuticals were coming soon.
One day after he pressured 14 trading partners, including powerhouse US suppliers like South Korea and Japan, with sharply higher tariffs, Trump reiterated his threat of 10 per cent tariffs on products from Brazil, India and other members of the BRICS group of countries.
He also said on Tuesday trade talks have been going well with the European Union and China, though added he is only days away from sending a tariff letter to the EU.
Trump's remarks, made during a White House cabinet meeting, could inject further instability into a global economy that has been rattled by the tariffs he has imposed or threatened on imports to the world's largest consumer market.
US copper futures jumped more than 10 per cent after Trump's announcement of new duties on a metal that is critical to electric vehicles, military hardware, the power grid and many consumer goods.
They would join duties already in place for steel, aluminium and car imports. US pharmaceutical stocks also slid from the day's highs following Trump's threat of 200 per cent tariffs on drug imports, which he said could be delayed by about a year.
Other countries, meanwhile, said they would try to soften the impact of Trump's threatened duties after he pushed back a Wednesday deadline to August 1.
Trump's administration promised "90 deals in 90 days" after he unveiled an array of country-specific duties in early April. So far only two agreements have been reached, with the United Kingdom and Vietnam. Trump has said a deal with India is close.
Trump said countries have been clamouring to negotiate.
"It's about time the United States of America started collecting money from countries that were ripping us off ... and laughing behind our back at how stupid we were," he said.
Trump's administration has been touting those tariffs as a significant revenue source. Treasury Secretary Scott Bessent said Washington has taken in about $US100 billion ($A153 billion) so far and could reach $US300 billion ($A460 billion) by the end of the year.
The United States has taken in about $US80 billion ($A123 billion) annually in tariff revenue in recent years.
Global markets have not responded dramatically to the latest tariff twists, which come after months of turmoil.
Trump said he will "probably" tell the European Union within two days what rate it can expect for it exports to the US, adding that the 27-member bloc had been treating his administration "very nicely" in trade talks.
The EU, the largest bilateral trade partner of the US, aims to strike a deal before August 1 with concessions for certain key export industries, such as aircraft, medical equipment and spirits, according to EU sources. Japan, which faces a possible 25 per cent tariff, wants concessions for its large car industry and will not sacrifice its agriculture sector, a powerful domestic lobby, for the sake of an early deal, top trade negotiator Ryosei Akazawa said on Tuesday.
Washington and Beijing agreed to a trade framework in June, but with many of the details still unclear, traders and investors are watching to see if it unravels before a separate, US-imposed August 12 deadline or leads to a lasting detente.
"We have had a really good relationship with China lately, and we're getting along with them very well. They've been very fair on our trade deal, honestly," Trump said, adding that he has been speaking regularly with Chinese President Xi Jinping.
Trump said the United States would impose tariffs of 25 per cent on goods from Tunisia, Malaysia and Kazakhstan, with levies of 30 per cent on South Africa, Bosnia and Herzegovina, climbing to 32 per cent on Indonesia, 35 per cent on Serbia and Bangladesh, 36 per cent on Cambodia and Thailand and 40 per cent on Laos and Myanmar.
US President Donald Trump has broadened his global trade war as he announced a 50 per cent tariff on imported copper and said long-threatened levies on semiconductors and pharmaceuticals were coming soon.
One day after he pressured 14 trading partners, including powerhouse US suppliers like South Korea and Japan, with sharply higher tariffs, Trump reiterated his threat of 10 per cent tariffs on products from Brazil, India and other members of the BRICS group of countries.
He also said on Tuesday trade talks have been going well with the European Union and China, though added he is only days away from sending a tariff letter to the EU.
Trump's remarks, made during a White House cabinet meeting, could inject further instability into a global economy that has been rattled by the tariffs he has imposed or threatened on imports to the world's largest consumer market.
US copper futures jumped more than 10 per cent after Trump's announcement of new duties on a metal that is critical to electric vehicles, military hardware, the power grid and many consumer goods.
They would join duties already in place for steel, aluminium and car imports. US pharmaceutical stocks also slid from the day's highs following Trump's threat of 200 per cent tariffs on drug imports, which he said could be delayed by about a year.
Other countries, meanwhile, said they would try to soften the impact of Trump's threatened duties after he pushed back a Wednesday deadline to August 1.
Trump's administration promised "90 deals in 90 days" after he unveiled an array of country-specific duties in early April. So far only two agreements have been reached, with the United Kingdom and Vietnam. Trump has said a deal with India is close.
Trump said countries have been clamouring to negotiate.
"It's about time the United States of America started collecting money from countries that were ripping us off ... and laughing behind our back at how stupid we were," he said.
Trump's administration has been touting those tariffs as a significant revenue source. Treasury Secretary Scott Bessent said Washington has taken in about $US100 billion ($A153 billion) so far and could reach $US300 billion ($A460 billion) by the end of the year.
The United States has taken in about $US80 billion ($A123 billion) annually in tariff revenue in recent years.
Global markets have not responded dramatically to the latest tariff twists, which come after months of turmoil.
Trump said he will "probably" tell the European Union within two days what rate it can expect for it exports to the US, adding that the 27-member bloc had been treating his administration "very nicely" in trade talks.
The EU, the largest bilateral trade partner of the US, aims to strike a deal before August 1 with concessions for certain key export industries, such as aircraft, medical equipment and spirits, according to EU sources. Japan, which faces a possible 25 per cent tariff, wants concessions for its large car industry and will not sacrifice its agriculture sector, a powerful domestic lobby, for the sake of an early deal, top trade negotiator Ryosei Akazawa said on Tuesday.
Washington and Beijing agreed to a trade framework in June, but with many of the details still unclear, traders and investors are watching to see if it unravels before a separate, US-imposed August 12 deadline or leads to a lasting detente.
"We have had a really good relationship with China lately, and we're getting along with them very well. They've been very fair on our trade deal, honestly," Trump said, adding that he has been speaking regularly with Chinese President Xi Jinping.
Trump said the United States would impose tariffs of 25 per cent on goods from Tunisia, Malaysia and Kazakhstan, with levies of 30 per cent on South Africa, Bosnia and Herzegovina, climbing to 32 per cent on Indonesia, 35 per cent on Serbia and Bangladesh, 36 per cent on Cambodia and Thailand and 40 per cent on Laos and Myanmar.
US President Donald Trump has broadened his global trade war as he announced a 50 per cent tariff on imported copper and said long-threatened levies on semiconductors and pharmaceuticals were coming soon.
One day after he pressured 14 trading partners, including powerhouse US suppliers like South Korea and Japan, with sharply higher tariffs, Trump reiterated his threat of 10 per cent tariffs on products from Brazil, India and other members of the BRICS group of countries.
He also said on Tuesday trade talks have been going well with the European Union and China, though added he is only days away from sending a tariff letter to the EU.
Trump's remarks, made during a White House cabinet meeting, could inject further instability into a global economy that has been rattled by the tariffs he has imposed or threatened on imports to the world's largest consumer market.
US copper futures jumped more than 10 per cent after Trump's announcement of new duties on a metal that is critical to electric vehicles, military hardware, the power grid and many consumer goods.
They would join duties already in place for steel, aluminium and car imports. US pharmaceutical stocks also slid from the day's highs following Trump's threat of 200 per cent tariffs on drug imports, which he said could be delayed by about a year.
Other countries, meanwhile, said they would try to soften the impact of Trump's threatened duties after he pushed back a Wednesday deadline to August 1.
Trump's administration promised "90 deals in 90 days" after he unveiled an array of country-specific duties in early April. So far only two agreements have been reached, with the United Kingdom and Vietnam. Trump has said a deal with India is close.
Trump said countries have been clamouring to negotiate.
"It's about time the United States of America started collecting money from countries that were ripping us off ... and laughing behind our back at how stupid we were," he said.
Trump's administration has been touting those tariffs as a significant revenue source. Treasury Secretary Scott Bessent said Washington has taken in about $US100 billion ($A153 billion) so far and could reach $US300 billion ($A460 billion) by the end of the year.
The United States has taken in about $US80 billion ($A123 billion) annually in tariff revenue in recent years.
Global markets have not responded dramatically to the latest tariff twists, which come after months of turmoil.
Trump said he will "probably" tell the European Union within two days what rate it can expect for it exports to the US, adding that the 27-member bloc had been treating his administration "very nicely" in trade talks.
The EU, the largest bilateral trade partner of the US, aims to strike a deal before August 1 with concessions for certain key export industries, such as aircraft, medical equipment and spirits, according to EU sources. Japan, which faces a possible 25 per cent tariff, wants concessions for its large car industry and will not sacrifice its agriculture sector, a powerful domestic lobby, for the sake of an early deal, top trade negotiator Ryosei Akazawa said on Tuesday.
Washington and Beijing agreed to a trade framework in June, but with many of the details still unclear, traders and investors are watching to see if it unravels before a separate, US-imposed August 12 deadline or leads to a lasting detente.
"We have had a really good relationship with China lately, and we're getting along with them very well. They've been very fair on our trade deal, honestly," Trump said, adding that he has been speaking regularly with Chinese President Xi Jinping.
Trump said the United States would impose tariffs of 25 per cent on goods from Tunisia, Malaysia and Kazakhstan, with levies of 30 per cent on South Africa, Bosnia and Herzegovina, climbing to 32 per cent on Indonesia, 35 per cent on Serbia and Bangladesh, 36 per cent on Cambodia and Thailand and 40 per cent on Laos and Myanmar.
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9 News
12 minutes ago
- 9 News
US and China agree to critical extension, preventing tariff surge on the world's two largest economies
Your web browser is no longer supported. To improve your experience update it here Without the agreement, tariffs were set to immediately surge, risking a return to ultra-high levels that had formed an effective blockade on trade between the world's two largest economies. The news, first reported by CNBC, comes hours ahead of a 12.01am ET (2.01pm AEST) deadline when tariffs on Chinese goods were set to rise to 64 per cent from 30 per cent. US President Donald Trump speaks with reporters in the James Brady Press Briefing Room at the White House, Monday, August 11, 2025, in Washington. (AP Photo/Alex Brandon) It's unclear what rates China would have charged on American goods, which are currently subject to minimum 10 per cent tariffs. It also comes after Trump imposed a slew of "reciprocal" tariffs on trading partners around the world, which have raised the United States' effective tariff rate to levels not seen since the Great Depression. Higher tariffs on Chinese goods, America's second-largest source of imports, would have almost certainly raised the costs many American businesses and consumers could pay — or already are paying — because of increased import taxes Trump has enacted. After meeting in Sweden last month, Chinese negotiators went as far as to say that a deal was reached. Chinese President Xi Jinping applauds during an international business meeting at The Great Hall Of The People on March 28, 2025 in Beijing, China. (Getty) Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer, both of whom attended the meeting, disputed that, saying nothing was final without Trump's word. "We'll see what happens. They've been dealing quite nicely. The relationship is very good with President Xi and myself," Trump said earlier on Monday. At the conclusion of last month's meeting with Chinese trade officials, Bessent said he warned his Chinese counterparts that continuing to purchase Russian oil would bring about huge tariffs under legislation in Congress that allows Trump to impose levies up to 500 per cent. It's not clear if the administration is prepared to double down on those threats yet. Trump recently threatened India, which also purchases Russian oil, albeit considerably less than China, with a 50 per cent tariff rate if it continues to do so by the end of this month. The move to penalize India and not other countries purchasing oil from Russia has been widely criticized by the Indian government, which claims it's being unfairly singled out. Trump suggested that more countries could face similar threats. "You're going to see a lot more. So this is a taste," he said last week. And over the weekend in a Fox News interview, Vice President JD Vance said such tariffs on China are on the table, though Trump had not yet made a decision. Containers are seen at the port in Qingdao, in China's eastern Shandong province, on August 4. The United States and China agreed to pause tariff hikes on each other's goods for an additional 90 days. (CNN) "Given that we seem to be headed toward some type of deal with China leading to some kind of meeting between Xi and Trump, the administration has definitely been more conciliatory towards China in the past few weeks," said Wendy Cutler, a former US trade negotiator who is now vice president of the Asia Society Policy Institute. Were China to give in to the administration's desires to stop purchasing Russian oil, it would be done "quietly and gradually" rather than a Trump announcement on social media, she added. Bessent also said he voiced concerns and regrets about China's sales of over $15 billion worth of dual-use technology equipment (that is, equipment that has both commercial and military uses) to Russia and its purchase of sanctioned Iranian oil. Another sticking point between the US and China has been exportations of rare earth magnets. China agreed to increase exports, but Trump says China has not held up its end of the bargain. The US also wants to find an American buyer for TikTok, which is currently owned by a Chinese company. Congress has set out a timeline for the app to find new ownership or face a US ban. US stocks closed lower Monday ahead of key inflation data set to be published Tuesday morning. World Donald Trump China USA tariffs CONTACT US
The Advertiser
12 minutes ago
- The Advertiser
Aussie beef a hot commodity as US imports hit a high
US demand for Australian beef looks set to skyrocket as drought, disease and hefty tariffs hit other top cattle-producing countries. Australia exported more than 43,000 tonnes of beef to the United States in July, the highest volume since October 2024, according to a Bendigo Bank Agribusiness commodity report released on Tuesday. The extra demand came at the same time as the federal government announced it would allow imports of US beef that had been raised in Canada or Mexico but processed in America. Australia had faced pressure from President Donald Trump to ease the restrictions on beef as it sought exemptions from wide-ranging tariffs. As US herd numbers continued to dwindle due to drought in 2025, Americans have also been eating beef imported from Canada and Brazil. But with Brazil facing a 50 per cent tariff, Canada slipping further into drought and a US ban on Mexican beef due to a parasite infestation, America would have to source meat from elsewhere. Australian beef exports to the US would likely "skyrocket" as a result, according to the commodity report. "That is now three of (America's) top five import markets affected due to tariffs, a reduced herd or disease," it said. "This presents even greater opportunities for Aussie producers as the US looks to satisfy their own domestic demand with expected falling beef production." Australian cattle producers had anticipated that opening the gates to US-processed beef would have a limited effect on the domestic market. "The US is already importing bucket loads of beef from from Australia, so for it to come back the other way is unlikely," Craig Huf, a grazier and chair of the NSW Farmers Association far north coast branch, told AAP after the decision in July. "So, in the short term, we probably don't expect it to impact us." Cattle industry groups have called for an independent review into the government's decision to lift the US beef restrictions. "Australia has got some of the best biosecurity protocols in the world and the produce here is often bought because of its clean, green image," Mr Huf said. "So to jeopardise that is pretty risky, but here's hoping the science is right." The total export market has been "extraordinary" in 2025, with July the highest monthly export volume on record at just under 150,500 tonnes. For growers, widespread rainfall in July marked a turning point for winter crops across many states, the commodity report said. "After a late break and critically low soil moisture levels through June, the late July rainfall has given growers a renewed shot at achieving average yields or better," it said. "While it's come late, it arrived in time to stabilise crop potential, provided spring conditions remain favourable." US demand for Australian beef looks set to skyrocket as drought, disease and hefty tariffs hit other top cattle-producing countries. Australia exported more than 43,000 tonnes of beef to the United States in July, the highest volume since October 2024, according to a Bendigo Bank Agribusiness commodity report released on Tuesday. The extra demand came at the same time as the federal government announced it would allow imports of US beef that had been raised in Canada or Mexico but processed in America. Australia had faced pressure from President Donald Trump to ease the restrictions on beef as it sought exemptions from wide-ranging tariffs. As US herd numbers continued to dwindle due to drought in 2025, Americans have also been eating beef imported from Canada and Brazil. But with Brazil facing a 50 per cent tariff, Canada slipping further into drought and a US ban on Mexican beef due to a parasite infestation, America would have to source meat from elsewhere. Australian beef exports to the US would likely "skyrocket" as a result, according to the commodity report. "That is now three of (America's) top five import markets affected due to tariffs, a reduced herd or disease," it said. "This presents even greater opportunities for Aussie producers as the US looks to satisfy their own domestic demand with expected falling beef production." Australian cattle producers had anticipated that opening the gates to US-processed beef would have a limited effect on the domestic market. "The US is already importing bucket loads of beef from from Australia, so for it to come back the other way is unlikely," Craig Huf, a grazier and chair of the NSW Farmers Association far north coast branch, told AAP after the decision in July. "So, in the short term, we probably don't expect it to impact us." Cattle industry groups have called for an independent review into the government's decision to lift the US beef restrictions. "Australia has got some of the best biosecurity protocols in the world and the produce here is often bought because of its clean, green image," Mr Huf said. "So to jeopardise that is pretty risky, but here's hoping the science is right." The total export market has been "extraordinary" in 2025, with July the highest monthly export volume on record at just under 150,500 tonnes. For growers, widespread rainfall in July marked a turning point for winter crops across many states, the commodity report said. "After a late break and critically low soil moisture levels through June, the late July rainfall has given growers a renewed shot at achieving average yields or better," it said. "While it's come late, it arrived in time to stabilise crop potential, provided spring conditions remain favourable." US demand for Australian beef looks set to skyrocket as drought, disease and hefty tariffs hit other top cattle-producing countries. Australia exported more than 43,000 tonnes of beef to the United States in July, the highest volume since October 2024, according to a Bendigo Bank Agribusiness commodity report released on Tuesday. The extra demand came at the same time as the federal government announced it would allow imports of US beef that had been raised in Canada or Mexico but processed in America. Australia had faced pressure from President Donald Trump to ease the restrictions on beef as it sought exemptions from wide-ranging tariffs. As US herd numbers continued to dwindle due to drought in 2025, Americans have also been eating beef imported from Canada and Brazil. But with Brazil facing a 50 per cent tariff, Canada slipping further into drought and a US ban on Mexican beef due to a parasite infestation, America would have to source meat from elsewhere. Australian beef exports to the US would likely "skyrocket" as a result, according to the commodity report. "That is now three of (America's) top five import markets affected due to tariffs, a reduced herd or disease," it said. "This presents even greater opportunities for Aussie producers as the US looks to satisfy their own domestic demand with expected falling beef production." Australian cattle producers had anticipated that opening the gates to US-processed beef would have a limited effect on the domestic market. "The US is already importing bucket loads of beef from from Australia, so for it to come back the other way is unlikely," Craig Huf, a grazier and chair of the NSW Farmers Association far north coast branch, told AAP after the decision in July. "So, in the short term, we probably don't expect it to impact us." Cattle industry groups have called for an independent review into the government's decision to lift the US beef restrictions. "Australia has got some of the best biosecurity protocols in the world and the produce here is often bought because of its clean, green image," Mr Huf said. "So to jeopardise that is pretty risky, but here's hoping the science is right." The total export market has been "extraordinary" in 2025, with July the highest monthly export volume on record at just under 150,500 tonnes. For growers, widespread rainfall in July marked a turning point for winter crops across many states, the commodity report said. "After a late break and critically low soil moisture levels through June, the late July rainfall has given growers a renewed shot at achieving average yields or better," it said. "While it's come late, it arrived in time to stabilise crop potential, provided spring conditions remain favourable." US demand for Australian beef looks set to skyrocket as drought, disease and hefty tariffs hit other top cattle-producing countries. Australia exported more than 43,000 tonnes of beef to the United States in July, the highest volume since October 2024, according to a Bendigo Bank Agribusiness commodity report released on Tuesday. The extra demand came at the same time as the federal government announced it would allow imports of US beef that had been raised in Canada or Mexico but processed in America. Australia had faced pressure from President Donald Trump to ease the restrictions on beef as it sought exemptions from wide-ranging tariffs. As US herd numbers continued to dwindle due to drought in 2025, Americans have also been eating beef imported from Canada and Brazil. But with Brazil facing a 50 per cent tariff, Canada slipping further into drought and a US ban on Mexican beef due to a parasite infestation, America would have to source meat from elsewhere. Australian beef exports to the US would likely "skyrocket" as a result, according to the commodity report. "That is now three of (America's) top five import markets affected due to tariffs, a reduced herd or disease," it said. "This presents even greater opportunities for Aussie producers as the US looks to satisfy their own domestic demand with expected falling beef production." Australian cattle producers had anticipated that opening the gates to US-processed beef would have a limited effect on the domestic market. "The US is already importing bucket loads of beef from from Australia, so for it to come back the other way is unlikely," Craig Huf, a grazier and chair of the NSW Farmers Association far north coast branch, told AAP after the decision in July. "So, in the short term, we probably don't expect it to impact us." Cattle industry groups have called for an independent review into the government's decision to lift the US beef restrictions. "Australia has got some of the best biosecurity protocols in the world and the produce here is often bought because of its clean, green image," Mr Huf said. "So to jeopardise that is pretty risky, but here's hoping the science is right." The total export market has been "extraordinary" in 2025, with July the highest monthly export volume on record at just under 150,500 tonnes. For growers, widespread rainfall in July marked a turning point for winter crops across many states, the commodity report said. "After a late break and critically low soil moisture levels through June, the late July rainfall has given growers a renewed shot at achieving average yields or better," it said. "While it's come late, it arrived in time to stabilise crop potential, provided spring conditions remain favourable."
The Advertiser
38 minutes ago
- The Advertiser
'I'm not going to make a deal' on Ukraine: Trump
US President Donald Trump says he is not aiming for an agreement on the Ukraine war at his upcoming meeting with Russian President Vladimir Putin. "I'm not going to make a deal. I think a deal should be made for both (sides)," he said at a press conference in Washington. Trump said he would like to see a ceasefire and that Friday would be a "feel-out meeting" aimed at urging Putin to end the war. The president said he will try to get some territory back for Ukraine during talks with the Russian president in Alaska. "Russia's occupied a big portion of Ukraine. They occupied prime territory. We're going to try to get some of that territory back for Ukraine," he told reporters. Trump also said he wants Putin and Ukrainian President Volodymyr Zelenskiy to meet after the upcoming summit on Friday. "The next meeting will be with Zelenskiy and Putin, or Zelenskiy, and Putin and me. I'll be there if they need, but I want to have a meeting set up between the two leaders," Trump said. Earlier European leaders and Zelenskiy said they would speak to Trump ahead of his summit with Putin, amid fears Washington may dictate unfavourable peace terms to Ukraine. Ukraine and its European allies fear Trump, keen to claim credit for making peace and also hoping to seal lucrative joint business deals with Moscow, could align with Putin to cut a deal that would be deeply disadvantageous to Kyiv. Germany said it was convening a series of top-level video conferences on Wednesday to prepare for the summit including one between European leaders, Zelenskiy, Trump and US Vice President JD Vance. It will be the first time Zelenskiy and Trump have spoken since the Alaska summit was announced. Zelenskiy said concessions to Moscow would not persuade it to stop fighting in Ukraine and that there was a need to ramp up pressure on the Kremlin. "Russia refuses to stop the killings, and therefore must not receive any rewards or benefits," Zelenskiy wrote on X. Zelenskiy said Russia was preparing its troops for new offensives instead of getting ready to stop the war in Ukraine. "He is certainly not getting ready for a ceasefire and war end," he said in a nightly address. Zelenskiy added, without providing any specifics, that Russia was moving its troops for new operations on Ukrainian soil. He later held separate phone calls with the leaders of India and Saudi Arabia, which both have cordial ties with Moscow, in order to bolster international support for Kyiv's position ahead of the Trump-Putin talks. British Prime Minister Keir Starmer's spokesperson said London supported Trump's efforts to end the war in Ukraine but believed Kyiv must be involved in any settlement on ending the fighting. "We will never trust President Putin as far as you can throw him, but we will support Ukraine and President Trump and European nations as we enter these negotiations," Starmer's spokesperson told reporters. "Any peace must be built with Ukraine, not imposed upon it, and we will not reward aggression or compromise sovereignty." The Alaska meeting comes as Trump has hardened his stance towards Moscow, agreeing to allow additional US weapons to reach Ukraine and threatening tariffs against buyers of Russian oil. Even so, the prospect of Trump hosting Putin, on US soil, in what will be the first meeting between leaders of the US and Russia since 2021, has revived fears that he might agree to a deal that forces big concessions from Kyiv. with DPA and EFE US President Donald Trump says he is not aiming for an agreement on the Ukraine war at his upcoming meeting with Russian President Vladimir Putin. "I'm not going to make a deal. I think a deal should be made for both (sides)," he said at a press conference in Washington. Trump said he would like to see a ceasefire and that Friday would be a "feel-out meeting" aimed at urging Putin to end the war. The president said he will try to get some territory back for Ukraine during talks with the Russian president in Alaska. "Russia's occupied a big portion of Ukraine. They occupied prime territory. We're going to try to get some of that territory back for Ukraine," he told reporters. Trump also said he wants Putin and Ukrainian President Volodymyr Zelenskiy to meet after the upcoming summit on Friday. "The next meeting will be with Zelenskiy and Putin, or Zelenskiy, and Putin and me. I'll be there if they need, but I want to have a meeting set up between the two leaders," Trump said. Earlier European leaders and Zelenskiy said they would speak to Trump ahead of his summit with Putin, amid fears Washington may dictate unfavourable peace terms to Ukraine. Ukraine and its European allies fear Trump, keen to claim credit for making peace and also hoping to seal lucrative joint business deals with Moscow, could align with Putin to cut a deal that would be deeply disadvantageous to Kyiv. Germany said it was convening a series of top-level video conferences on Wednesday to prepare for the summit including one between European leaders, Zelenskiy, Trump and US Vice President JD Vance. It will be the first time Zelenskiy and Trump have spoken since the Alaska summit was announced. Zelenskiy said concessions to Moscow would not persuade it to stop fighting in Ukraine and that there was a need to ramp up pressure on the Kremlin. "Russia refuses to stop the killings, and therefore must not receive any rewards or benefits," Zelenskiy wrote on X. Zelenskiy said Russia was preparing its troops for new offensives instead of getting ready to stop the war in Ukraine. "He is certainly not getting ready for a ceasefire and war end," he said in a nightly address. Zelenskiy added, without providing any specifics, that Russia was moving its troops for new operations on Ukrainian soil. He later held separate phone calls with the leaders of India and Saudi Arabia, which both have cordial ties with Moscow, in order to bolster international support for Kyiv's position ahead of the Trump-Putin talks. British Prime Minister Keir Starmer's spokesperson said London supported Trump's efforts to end the war in Ukraine but believed Kyiv must be involved in any settlement on ending the fighting. "We will never trust President Putin as far as you can throw him, but we will support Ukraine and President Trump and European nations as we enter these negotiations," Starmer's spokesperson told reporters. "Any peace must be built with Ukraine, not imposed upon it, and we will not reward aggression or compromise sovereignty." The Alaska meeting comes as Trump has hardened his stance towards Moscow, agreeing to allow additional US weapons to reach Ukraine and threatening tariffs against buyers of Russian oil. Even so, the prospect of Trump hosting Putin, on US soil, in what will be the first meeting between leaders of the US and Russia since 2021, has revived fears that he might agree to a deal that forces big concessions from Kyiv. with DPA and EFE US President Donald Trump says he is not aiming for an agreement on the Ukraine war at his upcoming meeting with Russian President Vladimir Putin. "I'm not going to make a deal. I think a deal should be made for both (sides)," he said at a press conference in Washington. Trump said he would like to see a ceasefire and that Friday would be a "feel-out meeting" aimed at urging Putin to end the war. The president said he will try to get some territory back for Ukraine during talks with the Russian president in Alaska. "Russia's occupied a big portion of Ukraine. They occupied prime territory. We're going to try to get some of that territory back for Ukraine," he told reporters. Trump also said he wants Putin and Ukrainian President Volodymyr Zelenskiy to meet after the upcoming summit on Friday. "The next meeting will be with Zelenskiy and Putin, or Zelenskiy, and Putin and me. I'll be there if they need, but I want to have a meeting set up between the two leaders," Trump said. Earlier European leaders and Zelenskiy said they would speak to Trump ahead of his summit with Putin, amid fears Washington may dictate unfavourable peace terms to Ukraine. Ukraine and its European allies fear Trump, keen to claim credit for making peace and also hoping to seal lucrative joint business deals with Moscow, could align with Putin to cut a deal that would be deeply disadvantageous to Kyiv. Germany said it was convening a series of top-level video conferences on Wednesday to prepare for the summit including one between European leaders, Zelenskiy, Trump and US Vice President JD Vance. It will be the first time Zelenskiy and Trump have spoken since the Alaska summit was announced. Zelenskiy said concessions to Moscow would not persuade it to stop fighting in Ukraine and that there was a need to ramp up pressure on the Kremlin. "Russia refuses to stop the killings, and therefore must not receive any rewards or benefits," Zelenskiy wrote on X. Zelenskiy said Russia was preparing its troops for new offensives instead of getting ready to stop the war in Ukraine. "He is certainly not getting ready for a ceasefire and war end," he said in a nightly address. Zelenskiy added, without providing any specifics, that Russia was moving its troops for new operations on Ukrainian soil. He later held separate phone calls with the leaders of India and Saudi Arabia, which both have cordial ties with Moscow, in order to bolster international support for Kyiv's position ahead of the Trump-Putin talks. British Prime Minister Keir Starmer's spokesperson said London supported Trump's efforts to end the war in Ukraine but believed Kyiv must be involved in any settlement on ending the fighting. "We will never trust President Putin as far as you can throw him, but we will support Ukraine and President Trump and European nations as we enter these negotiations," Starmer's spokesperson told reporters. "Any peace must be built with Ukraine, not imposed upon it, and we will not reward aggression or compromise sovereignty." The Alaska meeting comes as Trump has hardened his stance towards Moscow, agreeing to allow additional US weapons to reach Ukraine and threatening tariffs against buyers of Russian oil. Even so, the prospect of Trump hosting Putin, on US soil, in what will be the first meeting between leaders of the US and Russia since 2021, has revived fears that he might agree to a deal that forces big concessions from Kyiv. with DPA and EFE US President Donald Trump says he is not aiming for an agreement on the Ukraine war at his upcoming meeting with Russian President Vladimir Putin. "I'm not going to make a deal. I think a deal should be made for both (sides)," he said at a press conference in Washington. Trump said he would like to see a ceasefire and that Friday would be a "feel-out meeting" aimed at urging Putin to end the war. The president said he will try to get some territory back for Ukraine during talks with the Russian president in Alaska. "Russia's occupied a big portion of Ukraine. They occupied prime territory. We're going to try to get some of that territory back for Ukraine," he told reporters. Trump also said he wants Putin and Ukrainian President Volodymyr Zelenskiy to meet after the upcoming summit on Friday. "The next meeting will be with Zelenskiy and Putin, or Zelenskiy, and Putin and me. I'll be there if they need, but I want to have a meeting set up between the two leaders," Trump said. Earlier European leaders and Zelenskiy said they would speak to Trump ahead of his summit with Putin, amid fears Washington may dictate unfavourable peace terms to Ukraine. Ukraine and its European allies fear Trump, keen to claim credit for making peace and also hoping to seal lucrative joint business deals with Moscow, could align with Putin to cut a deal that would be deeply disadvantageous to Kyiv. Germany said it was convening a series of top-level video conferences on Wednesday to prepare for the summit including one between European leaders, Zelenskiy, Trump and US Vice President JD Vance. It will be the first time Zelenskiy and Trump have spoken since the Alaska summit was announced. Zelenskiy said concessions to Moscow would not persuade it to stop fighting in Ukraine and that there was a need to ramp up pressure on the Kremlin. "Russia refuses to stop the killings, and therefore must not receive any rewards or benefits," Zelenskiy wrote on X. Zelenskiy said Russia was preparing its troops for new offensives instead of getting ready to stop the war in Ukraine. "He is certainly not getting ready for a ceasefire and war end," he said in a nightly address. Zelenskiy added, without providing any specifics, that Russia was moving its troops for new operations on Ukrainian soil. He later held separate phone calls with the leaders of India and Saudi Arabia, which both have cordial ties with Moscow, in order to bolster international support for Kyiv's position ahead of the Trump-Putin talks. British Prime Minister Keir Starmer's spokesperson said London supported Trump's efforts to end the war in Ukraine but believed Kyiv must be involved in any settlement on ending the fighting. "We will never trust President Putin as far as you can throw him, but we will support Ukraine and President Trump and European nations as we enter these negotiations," Starmer's spokesperson told reporters. "Any peace must be built with Ukraine, not imposed upon it, and we will not reward aggression or compromise sovereignty." The Alaska meeting comes as Trump has hardened his stance towards Moscow, agreeing to allow additional US weapons to reach Ukraine and threatening tariffs against buyers of Russian oil. Even so, the prospect of Trump hosting Putin, on US soil, in what will be the first meeting between leaders of the US and Russia since 2021, has revived fears that he might agree to a deal that forces big concessions from Kyiv. with DPA and EFE
