Trump Halts Economic Negotiations—Threatens Market-Shaking Fallout
Former President throws wrench into critical talks—traders brace for turbulence.
Economic standoff escalates
Trump's latest move freezes progress on key fiscal discussions, leaving analysts scrambling to model potential impacts. The warning of 'severe consequences' echoes through trading floors—just another Tuesday for the guy who turned volatility into an art form.
Markets hate uncertainty more than a crypto whale hates capital gains tax. With no clear resolution timeline, institutional players are hedging like it's 2020 again—because nothing says 'stable economy' like a billionaire playing chicken with global finance.
Trump holds back economic talks, warns of severe consequences
Trump is locking down any chance of economic talks unless Putin shows he’s serious about changing course. While the Kremlin sent a delegation of Russian business figures to the summit, Trump said that doesn’t mean much unless there’s real change. “I noticed he’s bringing a lot of business people from Russia, and that’s good,” Trump said. “But we’re not talking business until the war is over.”
He also gave a warning. If Putin keeps dragging out the war, Trump promised economic consequences that WOULD hurt. That includes threats of new tariffs targeting buyers of Russian crude oil, like China and India. Russia’s war economy is already under pressure, and further U.S. action could cut deeper.
Putin, trying to show cooperation ahead of the summit, called Trump’s efforts “energetic and sincere” on Thursday. But Trump wasn’t handing out praise. He referred to Putin as “a smart guy” and made it clear that playing games won’t get him anything. If Putin doesn’t step up with actual movement toward a resolution, there won’t be talks, deals, or relief.
Putin may freeze war if NATO backs off, Ukraine says no deal
Putin, facing internal pressure, may be ready to make a limited offer. People familiar with Kremlin planning say Putin could agree to freezing the conflict where it stands, but only if the West guarantees NATO stops expanding and rolls back some sanctions. Putin’s team wants a legally binding promise that NATO won’t keep moving east. But NATO’s already said that Ukraine’s future is inside the alliance, not outside it.
Meanwhile, Russia has floated another offer. With the last remaining nuclear arms deal set to expire in February, Putin is now open to a new agreement. That’s something Trump would probably want, but it’s clearly a bargaining chip, not a goodwill gesture.
Ukraine’s not impressed. President Volodymyr Zelenskiy said Putin is “playing for time” to dodge U.S. secondary sanctions. He also ruled out any deal that involves giving up territory. Kyiv wants a U.S.-backed security guarantee instead, though no one’s sure what that would even mean or how it would work in practice.
On Friday, several Ukrainians in central Kyiv told Reuters they weren’t hopeful about the summit. Many believe Putin is just stalling while trying to reduce pressure from Washington. And until something changes on the battlefield or in the negotiations, Ukraine doesn’t think the summit will mean much.
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