U.S. President Donald Trump raised the possibility of an “economic war” on Russia, if President Vladimir Putin refuses to end the conflict with Ukraine. CNN’s Frederik Pleitgen has more from Moscow.

Washington

Russian forces have invaded Ukraine from land, air and sea with strikes causing widespread damage. Global leaders have condemned the move and imposed sanctions.

Ukraine Invasion

Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.

Global Tariffs

President Donald Trump has renewed threats of imposing heavy economic sanctions on Russia if it does not cease its military activities in Ukraine, suggesting that the conflict could escalate into an 'economic war.' The Trump administration's special envoy indicated ongoing daily communications with Russia and expressed hope for a diplomatic resolution between Russia and Ukraine.

Russian officials have voiced concerns about European security guarantees for Ukraine, particularly regarding the deployment of European or NATO troops in the country. While the Kremlin appears calm about the prospect of new U.S. tariffs, President Vladimir Putin has suggested the possibility of improved relations and future cooperation between Russia and the United States.

Trump raises possibility of an “economic war” on Russia

President Donald Trump hits India with these punishing tariffs. He is also renewing his threat of heavy economic sanctions against Russia if it doesn't end the fighting in Ukraine. Have a listen to his latest remarks. It will not be a world war, but it will be an economic war. And an economic war is going to be bad. And it's going to be bad for Russia. And I don't want that. President's special envoy, Steve Wyckoff, tells Fox News that the Trump administration speaks with the Russians every day. And he is, quote, hopeful that Russia and Ukraine will reach a deal by the end of this year, or maybe sooner. We'll see it ends. Fred Pleitgen joins us now from Moscow. Fred, the Kremlin says it views European security guarantees for Ukraine negatively. And it would not like to discuss this topic in a public format. I just wonder what more you are learning about what is being discussed, and what we understand to be the developments at this point. Hmm. Yeah, the Kremlin says that they don't view European security guarantees per se negatively. But they certainly view the prospect of possibly having European troops on the ground in Ukraine negatively. It's definitely not something the Kremlin wants. It was quite interesting, because Dmitry Peskov, the spokesman for the Kremlin, came out a little earlier today and said that the Russians don't consider those to be European troops. They consider those to be the troops of European nations, most of which would be members of NATO. And the Russians are saying, look, one of the reasons they say this conflict started in the first place, the root causes that the Russians keep speaking about, was the expansion of NATO and NATO infringing on Ukrainian territory, and essentially trying to make Ukraine a bulwark against Russia, and possibly move NATO expansion to there. So the Russians are saying that that's something they definitely view negatively. Also, as far as the prospect of a meeting between Vladimir Putin and Volodymyr Zelensky of Ukraine are concerned, the Russians also don't seem to be in a massive rush to make that happen either. Peskov, they're also saying that he believes a meeting like that needs to be well prepared. Of course, over the past couple of days, we've seen a messaging blitz coming from the Russians, essentially saying that right now the two sides are still very far apart, and that they believe that if such a meeting would happen, if Vladimir Putin were to meet face-to-face directly with Volodymyr Zelensky, that that meeting would have to have direct results. And therefore, things need to be prepared essentially for those two leaders to then just sign off on things. And the Russians believe that they are still pretty far away from making that happen. And as far as President Trump's threats are concerned, what we've been hearing here, Becky, over the past couple of days is that the Russians seem pretty calm about that, about the prospect of President Trump putting new tariffs on them, things like that, that economic war that he was speaking about. In fact, Vladimir Putin was at an event this weekend in a closed-off city that is a nuclear city, where he said that he sees light at the end of the tunnel as far as relations between the U.S. and Russia is concerned, and not only believes that there could be cooperation between the U.S. and Russia, but possibly even that Russian firms could actually start getting contracts in the United States as well, Becky. Good to have you.

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Trump raises possibility of an “economic war” on Russia

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