President Donald Trump has announced that he is reducing the 50-day deadline he set for Russian President Vladimir Putin to agree to a deal on Ukraine to 10-12 days.
Trump made this remark during his meeting with UK Prime Minister Keir Starmer at his golf course in Turnberry, Scotland, Monday.
Earlier this month, Trump threatened to impose "very severe tariffs" on Russia's trading partners if a deal is not reached in 50 days.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.