Trump Warns of Economic War Amid Stalled Russia-Ukraine Talks

Former President Donald TRUMP has escalated his rhetoric on the Russia-Ukraine conflict, warning of an impending "economic war" if diplomatic efforts collapse. "It will not be a world war, but it’ll be an economic war, and an economic war is going to be bad," Trump stated, emphasizing the potential fallout for Russia. Despite his earlier pledge to resolve the conflict swiftly, progress remains elusive.

Hopes for a breakthrough were briefly raised after Trump's August 15 meeting with Vladimir Putin in Anchorage—the first direct engagement between the two leaders since the war began. WHITE House officials initially interpreted the discussion as a step toward scheduling a Putin-Zelenskiy summit, but no concrete plans have materialized. Russian Foreign Minister Sergei Lavrov has since dismissed the notion of imminent talks, citing unresolved agenda items.

Trump dismissed the diplomatic posturing during a Tuesday briefing, asserting both sides were hesitating instead of advancing toward resolution. The geopolitical uncertainty continues to cast a shadow over markets, with investors monitoring for potential Ripple effects across asset classes—including cryptocurrencies often sensitive to macroeconomic tensions.