Trump names new deadline for ending Russia's war against Ukraine
Category
Politics
Publication date

Trump names new deadline for ending Russia's war against Ukraine

Trump overestimated his capabilities
Source:  Associated Press

Future US President Donald Trump believes that Russia's war against Ukraine could escalate in 2025. Despite this, he aims to end it within 6 months.

Points of attention

  • Trump believes that Russia's war against Ukraine could escalate.
  • He made it clear that he has no plans to meet with Putin yet.
  • Zelenskyy revealed new details of negotiations with Trump regarding the end of hostilities.

Trump overestimated his capabilities

The future head of the White House made a new statement on this matter during a press conference at Mar-a-Lago.

He once again rebuked the team of incumbent President Joe Biden for allowing a full-scale war to begin in the heart of Europe.

Moreover, Trump made a very unexpected prediction.

"This war could get much worse than it is now," the Republican said.

Against this backdrop, journalists asked Donald Trump whether he planned to meet with Russian dictator Vladimir Putin in the near future.

I know Putin would like to meet. I don't think it would be appropriate if I met after the 20th, which I hate because you know people are dying every day — many, many young people are dying — soldiers.

Donald Trump

Donald Trump

Future US President

The Republican believes that the Russian Federation's war against Ukraine is a war that should not have happened.

Zelenskyy revealed details of negotiations with Trump

As the President of Ukraine recently reported, during the meeting in Paris, he managed to explain his position to Donald Trump and describe his main plans.

Trump already knows about my desire to take my time and not rush into anything that would harm Ukraine. The country has been fighting for its sovereignty for a long time. No matter how many presidents or prime ministers want to declare an end to the war, we are not going to just give up and give up our independence.

Volodymyr Zelenskyy

Volodymyr Zelenskyy

President of Ukraine

According to the Ukrainian leader, the main threat is to say: "we will freeze the war and come to an agreement with the Russians."

Volodymyr Zelensky also added that Donald Trump is currently determined to end the war as quickly as possible, but does not yet have access to all the necessary information.

Category
Economics
Publication date

"Sometimes you need medicine". Trump responded to the fall in world markets due to new US tariffs

Trump
Source:  Reuters

Despite trillions of dollars in losses on global markets, US President Donald Trump is not giving up on his tariff policy. He has compared the new tariffs to "medicine."

Points of attention

  • US President Donald Trump compares the new tariffs to “medicine” despite significant losses in global markets.
  • Financial markets have been in turmoil following Trump's announcement on import tariffs, with concerns over a global trade war and recession.
  • Trump remains firm on his tariff policy and emphasizes the need for foreign governments to pay 'a lot of money' to lift tariffs.

Trump “didn’t notice” the trillion-dollar losses in global markets

Speaking to reporters aboard Air Force One, the American leader noted that foreign governments would have to pay "a lot of money" to lift the new tariffs.

Trump noted that he is not concerned about market losses, which have already "destroyed" nearly $6 trillion in the value of U.S. stocks.

Western media are drawing attention to the fact that financial markets are indicating the possibility of another week of significant losses.

I don't want anything to fall apart. But sometimes you have to take medicine to fix something.

Donald Trump

Donald Trump

President of the United States

The US president also said that he spoke over the weekend with leaders from European and Asian countries, who hope to convince him to reduce tariffs that will take effect this week by 50%.

They sit down at the negotiating table. They want to talk, but there will be no talk unless they pay us a lot of money on an annual basis.

US President Trump's tariff announcement last week has shaken economies around the world, Reuters notes, raising fears of a global trade war and recession, and China has said it will retaliate with tariffs.

On Sunday morning talk shows, Trump's top economic advisers tried to portray the tariffs as a sensible shift in the U.S. position in the global trading order. They also sought to minimize the economic shock from last week's rapid implementation.

Wall Street stock futures opened sharply lower on Sunday, signaling further turbulence.

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