Live updates: Vance renews threat to abandon Russia-Ukraine peace talks

What to Know

• Vice President JD Vance said that the U.S. could walk away from Russia-Ukraine peace talks unless either country agrees to a deal. Vance indicated that the proposal needed to include “some territorial swap.”
• Secretary of State Marco Rubio and White House envoy Steve Witkoff will not attend high-level meetings in London aimed at bringing a pause to the war in Ukraine.
• President Donald Trump said multiple times yesterday that he has “no intention of firing” Federal Reserve Chair Jay Powell. The president also said the 145% tariff on Chinese-made goods would “come down substantially,” but they “won’t be zero.”
• Trump is scheduled to sign executive orders at 5 p.m. ET.