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Trump Threatens 'Economic War' as U.S. Presses Ukraine Talks and Kremlin Delays Summit

Moscow has not confirmed a PutinZelensky meeting, with Washington pursuing security guarantees.

President Donald Trump greets Russia's President Vladimir Putin on the tarmac at Joint Base Elmendorf-Richardson in Anchorage, Alaska, Aug. 15, 2025. (AP Photo/Julia Demaree Nikhinson)
A general view of the liquefied natural gas plant operated by Sakhalin Energy at Prigorodnoye on the Pacific island of Sakhalin, Russia July 15, 2021. Picture taken July 15, 2021.  REUTERS/Vladimir Soldatkin/File Photo
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U.S. President Donald Trump speaks at a meeting with Ukrainian President Volodymyr Zelenskyy and European leaders at the White House, Washington, Aug. 18, 2025 (AP photo by Alex Brandon).

Overview

  • At a White House meeting, President Trump warned of new sanctions or tariffs against Russia, calling a potential escalation an "economic war" if there is no movement toward a ceasefire or meaningful talks.
  • Trump dismissed Russian rhetoric questioning Volodymyr Zelensky's legitimacy as "posturing," using an expletive to downplay the remarks from Foreign Minister Sergey Lavrov.
  • U.S. special envoy Steve Witkoff said he will meet Ukrainian representatives in New York this week and that Washington holds daily contacts with Moscow.
  • Russia says any leaders' meeting depends on an agreed agenda and has maintained territorial demands, while the UK accused Moscow of stalling and said British troops could help enforce a deal after hostilities cease.
  • Despite diplomacy, fighting continues in Ukraine with recent strikes and rescues reported, as the U.S. and European partners work on security guarantees that may combine European ground presence with U.S. air support, with specifics still unsettled.