• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
PoliticsFortune Intelligence

Trump to speak with both Putin and Zelensky as U.S. freezes weapons aid to Ukraine

By
Jim Edwards
Jim Edwards
and
Fortune Intelligence
Fortune Intelligence
Down Arrow Button Icon
July 3, 2025, 11:55 AM ET
From left: Volodymyr Zelensky, Donald Trump, and Vladimir Putin.
From left: Volodymyr Zelensky, Donald Trump, and Vladimir Putin.DREW ANGERER, SAUL LOEB, ALEXANDER NEMENOV—AFP via Getty Images

President Donald Trump is preparing for back-to-back phone calls with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky in a high-stakes diplomatic push to end the ongoing war in Ukraine. The moves came after the U.S. paused military aid to Ukraine, a decision that drew sharp criticism from both American and European officials.

Recommended Video

Trump’s call with Putin was scheduled for today at 10 a.m. ET, with a subsequent conversation with Zelensky on Friday. Trump has previously expressed hope that the talks could result in a ceasefire, but his attempts at negotiations between Russia and Ukraine have failed to yield significant progress.

The U.S. decision to halt weapons shipments—including Patriot air-defense interceptors—shocked Kyiv and its NATO allies. Zelensky has said he is prepared to pay $15 billion for the systems.

The Pentagon, however, has framed the move as “preserving U.S. forces’ readiness for Administration defense priorities,” according to Pentagon policy chief Elbridge Colby.

What world leaders will be watching for:

  • Trump’s direct engagement with both Putin and Zelensky signals a renewed attempt to position the U.S. as a central broker in peace negotiations.
  • The abrupt pause in U.S. military aid has deepened rifts with European allies, which remain committed to supporting Ukraine and fear that Washington’s stance could undermine Western unity.
  • With arms deliveries suspended, Ukraine is less able to defend itself against Russia’s near-daily bombing of civilians in Ukraine. 

Trump’s reluctance to maintain robust support for Ukraine is highly controversial. Critics in both the U.S. and Europe argue that withholding military aid at a critical juncture risks emboldening Russia and could force Ukraine into accepting unfavorable terms. The move has revived memories of Trump’s previous withholding of aid to Ukraine, which Trump parlayed into a deal for rare earth minerals.

For this story, Fortune used generative AI to help with an initial draft. An editor verified the accuracy of the information before publishing.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
Jim Edwards
By Jim EdwardsExecutive Editor, Global News
LinkedIn iconTwitter icon

Jim Edwards is the executive editor for global news at Fortune. He was previously the editor-in-chief of Business Insider's news division and the founding editor of Business Insider UK. His investigative journalism has changed the law in two U.S. federal districts and two states. The U.S. Supreme Court cited his work on the death penalty in the concurrence to Baze v. Rees, the ruling on whether lethal injection is cruel or unusual. He also won the Neal award for an investigation of bribes and kickbacks on Madison Avenue.

See full bioRight Arrow Button Icon
Fortune Intelligence
By Fortune Intelligence

Fortune Intelligence uses generative AI to help with an initial draft, thereby bringing you breaking business news faster while maintaining our high standards of accuracy and quality. These stories are edited by Fortune's senior business editors to verify the accuracy of the information before publishing.

See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Politics

EconomyMillionaires
Millionaire tax plans spread as Washington state eyes new levy
By Anna Edgerton, Casey Murray and BloombergDecember 24, 2025
3 hours ago
Dianna Tompkins sits on a stair in front of her home in Demotte, Ind., Dec. 17, 2025.
Arts & Entertainmentgovernment shutdown
When SNAP payments stopped, a fast-moving nonprofit program rushed in with $12 million—and kept families fed
By James Pollard and The Associated PressDecember 24, 2025
3 hours ago
LawDonald Trump
Trump’s $100,000 H-1B visa application fee upheld by judge
By Madlin Mekelburg and BloombergDecember 24, 2025
3 hours ago
US Secretary of State Marco Rubio
PoliticsEurope
Trump administration bars 5 prominent Europeans from the U.S., accusing them of pressuring tech firms to ‘censor’ American speech
By Beatrice NolanDecember 24, 2025
7 hours ago
LawColleges and Universities
The University of Oklahoma fired an instructor after she failed a psychology student who cited the Bible in an essay on gender
By John Hanna and The Associated PressDecember 23, 2025
23 hours ago
PoliticsDonald Trump
Trump complains Epstein files are a distraction as flight logs reveal deeper ties and ‘unfounded and false’ claims emerge
By Lindsay Whitehurst, Seung Min Kim and The Associated PressDecember 23, 2025
23 hours ago

Most Popular

placeholder alt text
Personal Finance
Financial experts warn future winner of the $1.7 billion Powerball: Don't make these common money mistakes
By Ashley LutzDecember 23, 2025
1 day ago
placeholder alt text
Success
The average worker would need to save for 52 years to claw their way out of the middle class and be classified as wealthy, new research reveals
By Orianna Rosa RoyleDecember 23, 2025
1 day ago
placeholder alt text
Retail
Trump just declared Christmas Eve a national holiday. Here’s what’s open and closed
By Dave SmithDecember 24, 2025
9 hours ago
placeholder alt text
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
By Sydney LakeDecember 22, 2025
2 days ago
placeholder alt text
Success
'When we got out of college, we had a job waiting for us': 80-year-old boomer says her generation left behind a different economy for her grandkids
By Mike Schneider and The Associated PressDecember 23, 2025
1 day ago
placeholder alt text
Success
Billionaire philanthropy's growing divide: Mark Zuckerberg stops funding immigration reform as MacKenzie Scott doubles down on DEI
By Ashley LutzDecember 22, 2025
2 days ago