Foreign News

Trump Issues Putin 10-12 Day Deadline on Ukraine Peace Deal

Published by
Jeremiah Ayegbusi

U.S. President Donald Trump has shortened his ultimatum for Russian President Vladimir Putin to reach a truce with Ukraine, setting a new deadline of 10 to 12 days from Monday.

Speaking in Scotland alongside UK Prime Minister Keir Starmer, Trump signaled that the grace period would be cut short due to mounting frustration with Moscow’s inaction and intensified attacks on Ukrainian cities.

Trump had initially declared a 50-day window on July 14, threatening severe economic sanctions if hostilities persisted.

However, with continued Russian drone and missile strikes and no progress toward negotiations, Trump now appears poised to act sooner. “There’s no reason to wait,” he told reporters. “If you know what the answer is.”

Trump’s revised strategy includes the threat of secondary sanctions, which are penalties on countries that continue trading with Russia, particularly buying its oil.

This could hit nations like India and China, both of whom are in sensitive trade negotiations with Washington. “We’re going to do secondary sanctions, unless we make a deal,” Trump warned, leaving room for potential diplomatic off-ramps.

Markets quickly responded to Trump’s declaration. Russia’s ruble fell over 2%, breaching 81 per dollar, its weakest level since May.

Meanwhile, oil prices rose amid fears that escalating U.S.-Russia tensions could disrupt global crude flows. Analysts say the initial 50-day deadline was perceived as too generous. “There’s always an instinct to cut Putin a bit of slack,” said Charles Lichfield of the Atlantic Council, but Trump’s shortening of the timeline may reflect growing impatience.

The Kremlin has not commented on Trump’s latest deadline. Meanwhile, Ukrainian President Volodymyr Zelenskiy continues to call for enhanced air defense support.

In response, Germany and the U.S. are in advanced talks to deliver more Patriot systems to Ukraine.

Trump’s growing impatience with Putin contrasts with his earlier critiques of Zelenskiy, as hopes for a quick peace fade amid Russia’s territorial demands and refusal to engage in direct talks.

Jeremiah Ayegbusi

Jeremiah Ayegbusi is an economist and former Academic Officer of the Nigerian Economic Students Association, Redeemer's University Chapter (NESARUN). He analyzes economic news and conducts research for long-form analysis, leveraging his strong academic foundation and passion for insights.

Recent Posts

FUGAZ stocks decline as the NGX Banking Index falls 0.69%, Investors gained ₦400bn

The Nigerian Exchange (NGX) All-Share Index surged by 0.53% on Monday, July 28th, 2025, closing… Read More

9 hours ago

Breaking: President Tinubu Awards Triumphant Super Falcons Players $100,000 Each, 3 Bedroom Apartments

President Bola Ahmed Tinubu has awarded each player of the triumphant super Falcons team the… Read More

14 hours ago

SEC Flags Corporate Governance Crisis in Tourist Company of Nigeria Plc

The Securities and Exchange Commission (SEC) Nigeria has issued a public notice warning of a… Read More

15 hours ago

Dr. Ngozi Okonjo-Iweala Appoints American as New WTO Deputy Director-General

WTO Director-General Dr. Ngozi Okonjo-Iweala has appointed Jennifer DJ Nordquist of the United States as… Read More

15 hours ago

United Capital Reports 57% Surge in Q2 2025 Revenue, PBT Hits ₦13.8bn

United Capital Plc has posted a stellar 57% year-on-year (YoY) increase in total revenue to… Read More

16 hours ago

Transcorp Power Reports 52% Revenue Surge in H1 2025, Posts ₦205.8 Billion

Transcorp Power Plc has recorded a 52% year-on-year revenue increase to ₦205.8 billion in H1… Read More

17 hours ago