The Russian reaction wasn’t long in coming. Just hours after President Donald Trump met with NATO Secretary General Mark Rutte in the Oval Office on Monday to announce new missiles for Ukraine and 100 percent tariffs on Russia if the two countries can’t agree to a ceasefire in 50 days, the Moscow Stock Exchange Index rose sharply. Russian investors, expecting worse from Washington, were apparently relieved by the outcome of the meeting.
Later that day, Senator Konstantin Kosachev, chair of the foreign affairs committee in the Russian parliament’s upper house, dismissed the news from the White House as “much ado about nothing.” “Over 50 days, a whole lot can change on the battlefield,” he wrote menacingly on social media, “and in the moods of those in power in the U.S. and NATO. But our mood won’t be affected.”
The Oval Office announcement signals a dramatic shift in Trump’s thinking about the Russia-Ukraine war. After insisting for months that Ukraine was the problem—responsible for the conflict, and reluctant to make peace—the 47th president finally seems to see that Russian President Vladimir Putin is the one who won’t lay down arms. This is a significant breakthrough, and if Trump follows through on the new strategy, it could change the course of the war. But many potential pitfalls lie ahead—in Europe, Washington, and Moscow.