President Trump’s particular envoy Steve Witkoff is scheduled to journey to Russia on Wednesday for what Ukraine is describing as Moscow’s “final likelihood” to succeed in a peace deal earlier than the U.S. imposes new economic sanctions on Russia.
It’s unclear who Witkoff will meet with. A Kremlin spokesperson wouldn’t verify or deny a possible assembly with Russian President Vladimir Putin.
Ukrainian President Volodymyr Zelensky mentioned Tuesday he had a “productive dialog” with Trump and about ending the warfare.
“At the moment, we coordinated our positions – Ukraine and the US,” Zelensky posted on X. “We exchanged assessments of the scenario: The Russians have intensified the brutality of their assaults. President Trump is absolutely knowledgeable about Russian strikes on Kyiv and different cities and communities.”
NewsNation’s Robert Sherman is reporting from Ukraine this week. Watch his latest dispatch from the war-torn region here.
Trump has been more and more annoyed with Putin for persevering with the warfare on Ukraine.
The president imposed a Friday deadline on Russia to finish the preventing or face new sanctions meant to isolate Moscow economically, though he’s been versatile with previous deadlines.
Trump this week threatened new tariffs on India for persevering with to purchase Russian oil. China is one other main purchaser of Russian oil.
Trump has been escalating nuclear tensions with Russia, sending two U.S. submarines to the area in response to threatening rhetoric from former Russian President Dmitry Medvedev, a high adviser to Putin.
Russia on Tuesday mentioned it could now not abide by a self-imposed moratorium on the deployment of nuclear-capable intermediate vary missiles.
ELSEWHERE…
Trump mentioned in an interview with CNBC on Tuesday that he’s bullish on reaching a commerce take care of China, though the president is emphasizing that he’s not the one in search of a gathering with Chinese language President Xi Jinping.
“I don’t need it, he requested for a gathering and I’ll find yourself having a gathering earlier than the top of the 12 months largely seemingly if we make a deal,” Trump mentioned.
Swiss President Karin Keller-Sutter and different high officers from Switzerland are en path to Washington in search of a trade deal, as tariffs have squeezed key Swiss industries, together with chocolate and watchmaking.
The Hill’s Alexander Bolton experiences that Republicans on Capitol Hill are growing anxious concerning the economic system after final week’s poor jobs report.
“It undoubtedly is indicative of a weakened economic system, an economic system that’s not performing in a strong vogue. I’ve all alongside felt like there’s a lag between tariffs and precise financial downturn,” Sen. Rand Paul (R-Ky.) mentioned.
Trump on Tuesday threatened to impose tariffs of as much as 250 p.c on pharmaceutical imports, the very best price he’s mentioned up to now.
“We’ll be placing a, initially small tariff on prescription drugs,” Trump instructed CNBC’s “Squawk Box.”
“However in a single 12 months, one in a half years most, it’s gonna go to 150 p.c, after which it’s gonna go to 250 p.c, as a result of we wish prescription drugs made in our nation,” he added.
MEANWHILE…
Trump is mulling potential replacements for Federal Reserve Chairman Jerome Powell, whose time period is up early subsequent 12 months.
“Typically they’re all excellent and then you definately put them in there after which they don’t achieve this good,” Trump instructed CNBC, swiping at Powell, who he tapped for the function throughout his first time period.
One name is off the list: Trump mentioned Treasury Secretary Scott Bessent is completely satisfied in his function and doesn’t wish to go away.
In the course of the CNBC interview, Trump additionally revived his claims of discrimination, saying a number of large banks have turned him away.
And he cheekily responded when requested if he’d search a 3rd time period within the White Home.
“Most likely not,” Trump mentioned.