Trump Says He Had A ‘Productive’ Call With Zelenskyy As Peace Deadline For Putin Draws Close: Report

President Donald Trump on Tuesday reportedly said he had a “productive” phone call with Ukrainian President Volodymyr Zelenskyy.

This comes as President Trump’s deadline for Russian President Vladimir Putin to strike a peace deal with Ukraine draws close. During the call, Zelenskyy raised concerns about the increasing intensity of Russia’s attacks on Ukraine, according to a Bloomberg report.

The Ukrainian President was referring to the barrage of attacks from Russia last week, which killed 31 in the capital, Kyiv.

The two leaders also discussed the purchase of American weapons by European countries, which have made commitments to transfer them to Ukraine, according to a release from the Ukrainian President’s office.

Trump and Zelenskyy also discussed bilateral cooperation, including on the use of drones. Zelenskyy said the Ukrainian government had already prepared a draft in this regard and that his administration is ready to discuss it in detail and sign it.

This comes at a time when President Trump has grown increasingly impatient with Russia ahead of the recently shortened deadline to end its full-scale invasion of Ukraine–the new deadline is August 8, earlier than the September 2 deadline that President Trump previously set.

“Their economy continues to decline, and that’s exactly why Moscow is so sensitive to this prospect and President Trump’s resolve,” Zelenskyy said after the call.

Meanwhile, U.S. equities declined in Tuesday’s midday trading session. At the time of writing, the SPDR S&P 500 ETF (SPY), which tracks the S&P 500 index, was down 0.29%, while the Invesco QQQ Trust (QQQ) fell 0.37%. Retail sentiment around the S&P 500 ETF on Stocktwits was in the ‘neutral’ territory.

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