• 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
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
Fortune Secondary Logo
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
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • 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
Fortune Secondary Logo
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

Middle EastIran
Trump says he plans to speak with Iran’s new leadership as military reveals B-2 stealth bomber attack on ballistic missile facilities
By Matthew Lee, David Klepper and The Associated PressMarch 1, 2026
2 hours ago
PoliticsTerrorism
Suspect in Texas shooting that FBI is investigating as potential terrorism wore ‘Property of Allah’ clothing and Iranian flag emblem
By Jack Myer, Alanna Durkin Richer, Eric Tucker, John Seewer and The Associated PressMarch 1, 2026
2 hours ago
iran
Middle EastMiddle East
3 U.S. service members killed and 5 seriously wounded in Iran operation, after Trump warned of casualties
By Ben Finley and The Associated PressMarch 1, 2026
3 hours ago
Middle EastMilitary
U.S. military gives Iran a taste of its own medicine with cheap copycat Shahed drones, while concern shifts to munitions supply in extended conflict
By Jason MaMarch 1, 2026
3 hours ago
Middle EastDubai
As Iran attacks Dubai, the tax-free haven for the global elite could see ‘catastrophic’ fallout — ‘this can also send shockwaves globally’
By Jason MaMarch 1, 2026
5 hours ago
trump
PoliticsWhite House
Trump said ‘we must abandon the failed policy of nation building and regime change’ in 2016. So what changed?
By Tim Sullivan and The Associated PressMarch 1, 2026
7 hours ago

Most Popular

placeholder alt text
Economy
Your grandparents are the reason the U.S. isn't in a recession right now. That won't last forever
By Eleanor PringleMarch 1, 2026
13 hours ago
placeholder alt text
AI
The week the AI scare turned real and America realized maybe it isn't ready for what's coming
By Nick LichtenbergFebruary 28, 2026
2 days ago
placeholder alt text
Success
Japanese companies are paying older workers to sit by a window and do nothing—while Western CEOs demand super-AI productivity just to keep your job
By Orianna Rosa RoyleFebruary 27, 2026
2 days ago
placeholder alt text
Success
Walmart exec says U.S. workforces needs to take inspiration from China where ‘5 year-olds are learning DeepSeek’
By Preston ForeFebruary 27, 2026
3 days ago
placeholder alt text
Middle East
Iran is now on 'death ground' amid existential threat from U.S. attacks and could 'go big' in retaliation, former NATO commander warns
By Jason MaFebruary 28, 2026
1 day ago
placeholder alt text
Personal Finance
Trump's universal 401(k) architect on why lower-income people distrust retirement accounts: 'they want to know what the catch is'
By Jacqueline MunisFebruary 28, 2026
2 days ago

© 2026 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.