Home · World · Oct 25 archive

Trump wants 'business with both' Ukraine, Russia after war ends

Confirmed

World Desk

Donald Trump (Wikidata P18)
Photo: Daniel Torok / Wikimedia Commons (Public domain)

U.S. President Donald Trump expressed his vision of normalized economic engagement with both Ukraine and Russia following a cessation of hostilities, according to statements made on Oct. 24. "Certainly, we'll do business with Ukraine and with Russia after this war ends, I would think," Trump said.

Trump also mentioned the possibility of imposing tariffs on both countries, though he acknowledged that the limited trade volumes might make such measures ineffective. "We ended five wars thanks to tariffs. I said, 'If you continue to fight, we're going to put a 200 percent tariff on you,' and they stopped," Trump told supporters in Florida.

YouTube — CNN-News18 YouTube

The president's stance reflects a transactional approach to international relations, as evidenced by his executive waiver of Graham Act penalties and his recent comments about tariffs. US Secretary of State Marco Rubio defended the suspension of tariffs as a 60-day pause to assess the broader economic fallout.

Kremlin aide Yuri Ushakov said after the talks that things are "heading toward" an end to the war in Ukraine. Meanwhile, Ukrainian President Volodymyr Zelensky suggested that Trump could bring Putin to the negotiating table due to his influence.

Despite Trump's optimistic outlook, a Reuters/Ipsos poll found that just 31% of Americans approve of his performance, marking the lowest approval rating of either of his presidential terms. Additionally, 47% of registered voters said they would vote for Democrats if congressional elections were held today, compared with 35% who favored Republicans, giving Democrats a 12-point lead.

Ukraine has recently conducted strikes on Russian targets, including a petrochemical plant and a warehouse in Siberia, according to monitoring channels. Soon after the announcement, Moscow partially lifted restrictions on its diesel exports, permitting the sale of 500,000 metric tons.

European Parliament Vice President Pina Picierno announced a hunger strike on Oct. 20, demanding an immediate humanitarian truce in the occupied town.

The transactional vision follows Trump’s recent comments mulling 200 percent tariffs on both belligerents – which he doubted would work due to limited trade volumes – and his executive waiver of Graham Act penalties.

Background

Pope Leo XIV called on Russian President Vladimir Putin to establish a ceasefire in Oleshky, Ukraine, to allow humanitarian aid and civilian evacuations, according to multiple reports from international outlets.

In a Sunday Truth Social post, Trump said progress was being made in Russia-Ukraine negotiations and criticized Zelensky's actions.

What's confirmed

What's still developing

Sources