Overview

• U.S. envoys, led by Steve Witkoff, are in Moscow negotiating an unconditional ceasefire in Ukraine, with Trump expressing cautious optimism.
• Following a large-scale Russian bombardment of Ukraine, Trump has warned of severe sanctions and tariffs unless hostilities cease.
• Trump signed an executive order easing tariffs on automotive parts and steel, aiming to support domestic manufacturers amid economic uncertainty.
• The ongoing trade war with China, marked by reciprocal tariffs of up to 145%, has led economists to warn of heightened global recession risks.
• Celebrating his administration's 100-day milestone, Trump highlighted immigration crackdowns and economic policies but faced criticism over economic instability.