Headlines
With no Ukraine peace deal, Trump again threatens Russia sanctions
Published by Global Banking and Finance Review
Posted on August 22, 2025
5 min readLast updated: January 22, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on August 22, 2025
5 min readLast updated: January 22, 2026
Trump threatens sanctions on Russia if no Ukraine peace progress. Despite a recent meeting with Putin, tensions remain high as the conflict continues.
By Andrea Shalal, Yuliia Dysa and Max Hunder
WASHINGTON/KYIV (Reuters) -U.S. President Donald Trump renewed a threat to impose sanctions on Russia on Friday if there is no progress toward a peaceful settlement in Ukraine in two weeks, showing frustration at Moscow a week after his meeting with Russian President Vladimir Putin in Alaska.
"I'm going to make a decision as to what we do and it's going to be, it's going to be a very important decision, and that's whether or not it's massive sanctions or massive tariffs or both, or we do nothing and say it's your fight," Trump said.
He was unhappy about Russia's deadly strike on a factory in Ukraine this week, he said.
"I'm not happy about it, and I'm not happy about anything having to do with that war," Trump told reporters at the White House.
Ukrainian President Volodymyr Zelenskiy, meanwhile, said on Friday that Russia was doing everything it could to prevent a meeting between him and Putin, while Russia's foreign minister said the agenda for such a meeting was not ready.
Zelenskiy has repeatedly called for Putin to meet him, saying it is the only way to negotiate an end to the war.
Trump had said he had begun the arrangements for a Putin-Zelenskiy meeting after a call with the Russian leader on Monday that followed their Alaska meeting on August 15.
Zelenskiy accused Russia of stalling.
"The Russians are doing everything they can to prevent the meeting from taking place," he said on Friday at a press conference in Kyiv with NATO Secretary General Mark Rutte.
"The meeting is one of the components of how to end the war. And since they don't want to end it, they will look for space to (avoid it)," he added.
Russian Foreign Minister Sergei Lavrov told NBC there was no agenda for such a summit.
"Putin is ready to meet with Zelenskiy when the agenda would be ready for a summit. And this agenda is not ready at all," he said.
The statement echoed Moscow's established rhetoric about a leaders' meeting being impossible unless certain conditions were met.
Asked for his response to Lavrov's comments and what the next steps are, Trump told reporters earlier on Friday: "Well, we'll see. We're going to see if Putin and Zelenskiy will be working together. It's like oil and vinegar a little bit."
'HE MAY BE COMING'
Trump had taken sanctions off the table in preparation for his summit in Anchorage with Putin. But at the same White House event where he mentioned possible sanctions, he reached into a drawer to pull out a photograph of his meeting with Putin on the red carpet in Alaska, saying Putin wanted to attend the World Cup 2026 soccer tournament in the United States.
"I'm going to sign this for him. But I was sent one, and I thought you would like to see it, it's a man named Vladimir Putin, who I believe will be coming, depending on what happens. He may be coming, and he may not, depending on what happens," Trump said.
Putin, at a visit to a nuclear research center on Friday, said Trump's leadership qualities would help restore U.S.-Russia relations.
"With the arrival of President Trump, I think that a light at the end of the tunnel has finally loomed. And now we had a very good, meaningful and frank meeting in Alaska," Putin said.
Thousands of Ukrainian civilians have been killed in the full-scale invasion of Ukraine Russia launched in 2022. Analysts estimate that more than a million soldiers on both sides have been killed or wounded and fighting is continuing unabated, with both sides also attacking energy facilities.
Russia has maintained its longstanding demand for Ukraine to give up land it still holds in two eastern regions while proposing to freeze the front line in two more southerly regions Moscow claims fully as its own and possibly hand back small pieces of other Ukrainian territory it controls.
Zelenskiy meanwhile has dropped his demand for a lengthy ceasefire as a prerequisite for a leaders' meeting, although he has previously said Ukraine cannot negotiate under the barrel of a gun.
On Friday, he called on his country's allies to pressure Russia into "at least a minimally productive position," including by applying fresh sanctions if Russia showed no interest in moving towards peace.
At the press conference with Rutte, Zelenskiy said they had discussed security guarantees for Ukraine. He said the guarantees ought to be similar to NATO's Article 5, which considers an attack on one member of the alliance as an attack against all.
"This is the beginning of a big undertaking, and it is not easy, because guarantees consist of what our partners can give Ukraine, as well as what the Ukrainian army should be like, and where we can find opportunities for the army to maintain its strength," Zelenskiy said.
Rutte said NATO allies and Ukraine are working together to ensure security guarantees are at such a robust level that Russia will never try to attack again.
"Robust security guarantees will be essential, and this is what we are now working on to define", he said.
(Reporting by Yuliia Dysa, Sabine Siebold, Steve Holland, Andrea Shalal and Jonathan Spicer; Writing by Max Hunder and Patricia Zengerle; Editing by Philippa Fletcher and Rosalba O'Brien)
Sanctions are penalties or restrictions imposed by one country on another to influence behavior, often in response to violations of international law or human rights.
International relations is the study of how countries interact with one another, focusing on diplomacy, conflict, trade, and cooperation.
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