US President Donald Trump has dramatically shortened his deadline for Russian President Vladimir Putin to agree to a ceasefire in Ukraine, reducing it from 50 days to just 10 or 12 days. Trump expressed deep disappointment with Putin's lack of progress and warned that Russia will face severe new sanctions and tariffs if it fails to halt its aggression within the new timeframe. The move signals escalating pressure from the US on Russia to end the war, with Trump indicating that patience has run out. Ukrainian bonds rallied on the news, reflecting market optimism for a potential truce. However, Russian officials, including former President Medvedev, have criticized the ultimatum, warning it could escalate tensions further.
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