
LONDON — Presidents Donald Trump and Vladimir Putin are anticipated to talk on Tuesday because the White Home continues its marketing campaign for a ceasefire and eventual peace deal to finish Russia’s devastating struggle on Ukraine.
“It is a dangerous state of affairs in Russia, and it is a dangerous state of affairs in Ukraine,” Trump stated on Monday. “What’s occurring in Ukraine is just not good, however we will see if we will work a peace settlement, a ceasefire and peace, and I believe we’ll be capable of do it.”
Since Trump’s return to the White Home in January, his new administration has sought to convey an finish to Russia’s struggle by berating and pressuring Kyiv. Trump has repeatedly stated that Ukrainian President Volodymyr Zeleneskyy “doesn’t have the playing cards” to return out on prime of the negotiations.
In the meantime, Moscow has been provided normalization and hinting at territorial beneficial properties and sanctions reduction.

This {photograph} exhibits conventional Russian wood nesting doll depicting Russia’s President Vladimir Putin (R) and President Donald Trump in Moscow’s Crimson Sq., Russia, on Feb. 28, 2025.
Natalia Kolesnikova/AFP through Getty Photographs
To this point, the carrot has been for Russia and the stick for Ukraine.
There stays solely a slight indication of what concessions Trump is in search of from Russia. “After we discuss leverage, it means that he needs to make use of this leverage to get some concessions from Russia,” Oleg Ignatov, the Worldwide Disaster Group assume tank’s senior Russia analysts, instructed ABC Information.
“However is he actually focused on critical concessions from Russia or not?”
Does Trump have ‘the playing cards’?
The president has hinted at ramping up strain on the Kremlin if it fails to decide to peace talks. “There are issues you would try this would not be nice in a monetary sense,” he stated final week.
“I can do issues financially that may be very dangerous for Russia,” Trump added. “I do not need to try this as a result of I need to get peace.”
Earlier this month, Trump wrote on Fact Social, “I’m strongly contemplating giant scale Banking Sanctions, Sanctions, and Tariffs on Russia till a Stop Fireplace and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED.”
The implementation of tariffs — a cornerstone of Trumpian overseas and financial coverage — could be solely a symbolic measure, provided that Russian exports to the U.S. have fallen to their lowest stage for the reason that collapse of the Soviet Union.
In a potential preview of issues to return, the White Home has already expanded the unprecedented sanctions marketing campaign kicked off by former President Joe Biden in 2022.

On this photograph taken on March 16, 2025 and offered by Ukraine’s twenty fourth Mechanized Brigade press service, Ukrainian troopers hearth a mortar in the direction of Russian military positions close to Chasiv Yar, Donetsk area, Ukraine.
Oleg Petrasiuk/AP
This month, the administration stated Russians had been amongst 43 nationalities being thought of for journey bans. It additionally allowed to lapse a sanctions exemption permitting Russian banks to make use of U.S. cost techniques for vitality transactions.
Trump could search to additional tighten the screws on Russia’s financial system, during which inflation is rising and {dollars} are more and more troublesome and costly to entry.
“What the U.S. can do is put much more strain on the Russian financing sector, growing the sanctions in opposition to banks that that mainly even have a stake within the oil and fuel sector with a view to compromise the monetary sustainability of the Russian Federation and make it mainly unsustainable for Russia to proceed the struggle,” Federico Borsari of the Heart for European Coverage Evaluation assume tank instructed ABC Information.
The U.S. might also search additional motion to determine and penalize vessels in Russia’s so-called “shadow fleet,” by which Moscow has been capable of proceed exporting its fossil fuels and keep away from sanctions, Borsari added.
Nonetheless, Russia has proven a capability to adapt to and skirt sanctions, even when the measures have undermined the nationwide financial system. The influence of latest sanctions is probably not rapid sufficient to power Putin to the negotiating desk, Ignatov stated.
In search of to additional curtail Russia’s vitality exports or increasing secondary sanctions — that means measures in opposition to these nonetheless doing enterprise with sanctioned entities — might also convey the U.S. into battle with key Russian clients like China and India.
“There isn’t a magic bullet when it comes to sanctions,” Ignatov stated.
Putin’s hand
Trump has praised Putin’s supposed readiness for peace, as a substitute framing Ukraine and Zelenskyy as the principle impediments to a deal. Nonetheless, Moscow has proven no signal of downgrading its struggle targets, which nonetheless embody the annexation of swaths of its neighbor, the “demilitarization” of Ukraine and its everlasting exclusion from NATO.
Putin was non-committal to final week’s U.S.-Ukraine proposal of a 30-day ceasefire. Moscow is “for” the pause, the president stated, however framed any pause as a navy profit for Kyiv and stated a number of troublesome situations would must be fulfilled earlier than the Kremlin would give its full assist.
Russia “wants” a pause within the preventing to reform its personal shattered navy, Pavel Luzin — a Russian political analyst at The Fletcher Faculty of Regulation and Diplomacy — instructed ABC Information. “However on the identical time, Russia doesn’t have fascinating situations on the battlefield.”

Russia’s President Vladimir Putin visits a command centre of the Russian armed forces in the middle of Russia-Ukraine battle within the Kursk area, Russia, Mar. 12, 2025
Reuters TV through Reuters
“What Russia has been attempting to do for the reason that fall of 2022 is defeat a giant group of Ukrainian forces as a pre-condition for negotiations a couple of break,” he added. “Russia wished to demoralize the Ukrainian management and society. After two-and-a-half years, Russia was not profitable.”
Ignatov stated Moscow’s current engagement with the Trump administration does counsel an urge for food for some type of deal.
“I believe each Russia and the U.S. are this negotiation significantly,” he stated. “It doesn’t suggest that each side are fascinated with any whole lot for Ukraine, however I believe that each side need to end this battle.”
The Russians, he added, “need to keep away from a direct confrontation with Trump, as a result of they actually worth this technique of normalization. I believe what they tried to do is to decouple Ukraine from the normalization of the opposite points. Even when they do not succeed on Ukraine, they need to proceed to work on different points.”
Nonetheless, Moscow is “not able to sacrifice their pursuits” in Ukraine, Ignatov continued. “They don’t seem to be able to make very huge concessions — critical concessions, to depart territories or one thing like this.”
Alternative, disaster for Ukraine
Trump’s radical pivot away from Ukraine within the opening months of his second time period left Kyiv and its different overseas companions reeling. Although the pause to U.S. navy support and intelligence sharing was temporary, it rattled leaders and commanders in Kyiv.
“We take into account this turbulence to be a part of negotiations, which I believe was very often utilized by Trump in his previous when he was in enterprise,” Yehor Cherniev — a member of the Ukrainian Parliament and the chairman of his nation’s delegation to the NATO Parliamentary Meeting — instructed ABC Information. “So, we perceive.”
Trump’s inherent unpredictability has given Ukrainians hope that his interactions with Putin could not essentially play in Russia’s favor.
“Trump ought to say immediately: ‘Vladimir, for those who do not agree unconditionally to my proposal then I am going to need to make a take care of a brand new chief of Russia as a substitute of you,'” Oleksandr Merezhko, a member of the Ukrainian parliament and the chair of the physique’s overseas affairs committee, instructed ABC Information. “If he tried it with Zelenskyy, then why not with Putin?”

President Donald Trump within the Oval Workplace of the White Home in Washington, Mar. 13, 2025 and Russia’s President Vladimir Putin on the Kremlin in Moscow, Mar. 13, 2025.
AFP through Getty Photographs
A menace to broaden American navy support to Ukraine might give such coercion chunk, analysts and Ukrainian lawmakers who spoke with ABC Information stated.
Lifting restrictions on U.S. weapon use inside Russia, requesting extra navy support funding from Congress, replenishing provides of long-range ATACMS missiles and delivering new long-range strike weapons just like the Joint Air-to-Floor Standoff Missile might all underscore the U.S. demand for Russia to barter.
However such steps would run counter to Trump’s repeated statements that the struggle should finish as quickly as potential — with or with out American involvement.
“I am undecided if he has any want to escalate the struggle, as a result of he is the ‘peace president,'” Ignatov stated, noting that any request for extra funding from Congress might additionally spark off unwelcome home political disputes.
“He is stated that if we aren’t capable of succeed, the U.S. might be out of the struggle,” Ignatov added. “So, it means that he’s not going to escalate.”
It stays to be seen if Trump’s ambition for a deal might be sufficient to beat the decades-long complexity of Russia’s aggression in opposition to its “brotherly nation,” as Putin was nonetheless describing Ukraine months into the 2022 full-scale invasion.
“The Russians have fairly clearly confirmed already that they don’t seem to be prepared,” Cherniev stated. “Now there aren’t so many choices for Trump’s administration.”
“Trump needs to be a peacemaker,” he added. “If he simply leaves these negotiations, that can imply that Putin wins. And I doubt that Trump will permit Putin to win.”
Trump’s flip in opposition to Ukraine begun to erode the belief constructed up by a long time of American backing. However for now, a minimum of, some hope stays.
The president “would possibly” in the end facet with Moscow, Merezhko stated. “However that goes in opposition to American values — People and public opinion within the U.S. have all the time been on the facet of the underdogs.”