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Bloomberg Businessweek

Trump’s Ukraine Plan Faces New Obstacles After Putin Call 

29 Dec 2025

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Watch Bloomberg Businessweek LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump’s push to end the war in Ukraine faced new complications on Monday when Vladimir Putin said he would revise his country’s negotiating position after the Russian leader claimed Ukrainian drones targeted his residence.Putin told Trump of his decision in a call Monday, according to the Kremlin, even as Kyiv cast the Russian allegations as a fabrication aimed at derailing the peace process.Trump addressed the dispute while speaking to reporters in Florida, saying that Putin had told him about the purported attack during their discussion. The US president, seeming to side with Putin, said he was “very angry.”Ukrainian President Volodymyr Zelenskiy has dismissed the Russian claims as a “new lie” and warned that Moscow could be using it as an excuse to prepare an attack on government buildings in Kyiv.Putin said Moscow intends to work closely with the US on peace efforts but will reconsider a number of previously reached agreements, Kremlin aide Yuri Ushakov told Russian newswires. Ushakov added that Putin assured Trump that Moscow will look to continue working with US partners to achieve peace and that the two leaders agreed to maintain their dialogue.Today's show features: Dr. Angela Stent, Senior Fellow at the American Enterprise Institute, Henrietta Treyz, Co-Founder and Director of Economic Policy at Veda Partners, on how President Donald Trump's foreign policy goals could impact Republicans in the 2026 midterm elections Bloomberg Intelligence Senior Commodity Strategist Mike McGlone on gold and silver prices slumping as traders booked profit following their recent year-end rally Bloomberg News Wealth Reporter Dylan Sloan on the struggles of some IPO insiders who have seen their stakes fall in value in 2025 since their respective public-trading debuts See omnystudio.com/listener for privacy information.

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