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President Donald Trump doubled down on his threat that Russian President Vladimir Putin could face “very severe” economic consequences if he blocks the Ukraine peace process. He reiterated the warning while speaking to reporters aboard Air Force One on his way to Alaska for a high-stakes talk with Putin.
The meeting in Alaska marks the first U.S.-Russia summit since 2021, and is expected to focus on ending Moscow’s war on Ukraine.
President Donald Trump is expected to meet with Russian President Vladimir Putin in Alaska for a summit on Aug. 15, 2025. ((AP Photo/Mark Schiefelbein) | (Mikhail Metzel, Sputnik, Kremlin Pool Photo via AP) | Fox News Digital)
PUTIN PRAISES TRUMP’S ‘SINCERE’ PEACE EFFORTS, SIGNALS POSSIBLE US-RUSSIA NUCLEAR DEAL
Trump has been pushing to end the Ukraine war since he took office. Despite a rocky relationship with Ukrainian President Volodymyr Zelenskyy — including a heated exchange in the Oval Office in February, Trump has taken a tough approach to Russia. However, at times he has doubted whether either Zelenskyy or Putin were prepared to secure a ceasefire deal.
Putin appeared optimistic about the process earlier this week, even praising Trump for “making, in my opinion, quite energetic and sincere efforts to stop the hostilities, stop the crisis and reach agreements that are of interest to all parties involved in this conflict,” according to Reuters. It remains unclear how the Russian leader will respond when face-to-face with Trump in Alaska.

Dug Loshbaugh holds a sign during a rally in Anchorage, Alaska, Thursday, Aug. 14, 2025, ahead of a meeting between President Donald Trump and Russian President Vladimir Putin. (AP Photo/Jae C. Hong)
WHAT WE KNOW ABOUT TRUMP’S MEETING WITH VLADIMIR PUTIN IN ALASKA
The summit is also high-stakes for Trump, whose legacy could hinge on his ability to bring peace to a region that has been plagued by war for more than three years.
Even Trump’s current and former rivals seem to recognize the stakes. Hillary Clinton, who lost to Trump in 2016, said on the Raging Moderates podcast that she would nominate the president for a Nobel Peace Prize if he were the “architect” of a deal that would end the war.
One of the biggest obstacles to peace has been the possibility of territory swaps — a proposal Trump supports and Zelenskyy firmly opposes. There are concerns that these swaps would hand Russia some of Ukraine’s most strategic and…
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