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The Monexus
Vol. I · No. 188
Tuesday, 7 July 2026
Saturday Ed.
Updated 15:07 UTC
  • UTC15:07
  • EDT11:07
  • GMT16:07
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← The MonexusGeopolitics

Trump says both Putin and Zelensky 'want to make a deal' as he pushes for a near-term breakthrough

President Trump told reporters on 7 July 2026 that both Vladimir Putin and Volodymyr Zelensky want a deal, after a long call with Putin and an immediate follow-up with the Ukrainian leader.

Two men in dark suits sit opposite each other in ornate chairs between U.S. and Turkish flags, with a woman in a headscarf seated behind one man. @noel_reports · Telegram

President Donald Trump said on 7 July 2026 that both Vladimir Putin and Volodymyr Zelensky "want to make a deal" to end Russia's full-scale invasion of Ukraine, adding that he expects "something to happen in the near future." The remarks, made during a White House appearance and relayed across three Telegram channels on the wire within roughly 90 minutes, frame a renewed American push after two long telephone calls — first with Putin, then with Zelensky.

Trump's claim is characteristically unhedged. It is also characteristically thin on the mechanisms by which a deal is supposed to materialise: what Russia would concede, what Ukraine would concede, what Washington would guarantee, and on what timeline. The clarity of the negotiating mood, as the president described it, has not yet been matched by clarity on the substance.

Two calls, one White House frame

The diplomatic sequence is becoming routine. Trump spoke at length with Putin first, then with Zelensky straight after — a pattern that, in earlier rounds, has preceded the leakier moments of the peace track. The Trump administration has used the back-to-back call format since returning to office, partly to assert that Washington is the indispensable interlocutor on both ends of the war, and partly because direct Kyiv-Moscow contact remains effectively frozen. According to the channel DDGeopolitics on Telegram, Trump told reporters that both leaders want a deal; independent reporter Noel Reports posted the "near future" line at 13:38 UTC; Euronews's Telegram account added the sequencing detail at 13:20 UTC, that Trump "spoke for a long time with Putin" and then "immediately after that with Zelensky." Three wires, same White House scene, within an hour and a half.

Reading the optimism against the gap

The bullish interpretation is straightforward: pressure on Moscow has shifted its calculus, and pressure on Kyiv has shifted its. Trump is signalling to both capitals that the United States is willing to keep moving, and that the cost of intransigence will fall on the side that refuses. That framing suits the administration's political timeline.

The sceptical reading is at least as plausible. Putin's previous "willingness to deal" has, in the past, preceded intensified operations rather than concessions — pauses that allowed Russia to consolidate occupied territory before resuming offensives. Zelensky, for his part, has publicly committed to a negotiating track but has been equally clear that Ukraine's territorial integrity and sovereignty are not negotiable. Bridging those two positions requires more than presidential phrasing. It requires Russian de-escalation on territory it currently holds, and security guarantees substantive enough that Kyiv can accept them. None of those moving parts are visible in the reporting so far. The phrase "near future" is doing heavy lifting.

What "make a deal" means for each side

For the Kremlin, a deal that "wants to happen" can mean many things. It can mean a settlement that formalises current frontline positions; it can mean a settlement that locks in sanctions relief and the unfreezing of Russian sovereign assets abroad; it can mean a settlement that defers European security architecture questions and lets Moscow rearm. Each of these is a "deal" in some sense, and none of them is what Kyiv is willing to accept.

For Ukraine, the floor of any deal is uncontested sovereignty over internationally recognised territory and reliable security guarantees that survive a future US administration. Above that floor there is room to negotiate — sequencing of reconstruction, timing of sanctions relief, the institutional shape of any peacekeeping presence, the path back to a European security architecture Russia does not veto. Below that floor, no deal can hold Ukrainian domestic politics, which remain the binding constraint on Zelensky's negotiating room.

For Washington, the calculation is sui generis: a deal is valuable to the extent it ends the war on terms that allow the White House to claim the credit and redeploy attention — and resources — elsewhere. That order of priorities is not the same as Ukraine's, and that asymmetry is the most important variable in the negotiation.

Counterpoint: the road to a deal has rarely looked this clean

Critics of the optimistic reading point out that the same headline appeared in earlier rounds of the Trump-led peace track, and that previous "near future" windows did not deliver. Supporters of the reading argue that earlier rounds lacked the specific sequencing now in place — long Putin call, immediate Zelensky call, public framing by the US president at the close. The evidence does not yet adjudicate between the two. What can be said is that until the substance — territorial arrangements, guarantees, asset release — is named, the optimism is purely about willingness. Willingness is a necessary but not sufficient condition of an agreement, especially in a war in which one side has occupied territory and the other side's constitution treats that occupation as a non-negotiable grievance.

Stakes and what to watch

If a deal does emerge "in the near future," the winners are visible. The White House secures a campaign-trail narrative. Moscow gets sanctions relief and a frozen conflict it can re-open if conditions change. Kyiv gets to stop dying on the frontline, although possibly on terms that leave territory occupied and a complicated reconstruction economy underwritten largely by Europeans. European capitals, who have carried much of the financial and military lift, are not in the room on this version of the deal — and the precedent of a US-Russia bilateral framework on Ukraine is itself a structural outcome the EU will need to manage.

If no deal materialises, the most likely shape of the next phase is familiar: stepped-up Russian operations, stepped-up Ukrainian strikes inside Russia, and a slow grind that exhausts Western publics and treasuries in unequal measure. The honest reading is that the 7 July reporting describes mood, not mechanism, and that the next verified facts to watch are concrete Russian battlefield steps in the days after the calls — or, more definitively, the public content of any direct Kyiv-Moscow channel.

What remains genuinely uncertain, on the evidence the wire contains, is whether the three sources — Trump's words on the White House lawn, the immediacy of the two-call sequence, and the "near future" framing — correspond to a new round of substantive diplomacy or to a familiar choreography. The optimistic and sceptical readings both rest on the same thin evidence; a fair assessment has to hold both. Until there is specificity on territory, on guarantees and on the role of European capitals, "they want to make a deal" describes a posture rather than a process.

Desk note: Monexus is sourcing this article from three Telegram wire channels — DDGeopolitics, Noel Reports, and Euronews — whose content tracks Trump's 7 July 2026 remarks to reporters. No official readout from the Kremlin, the Office of the President of Ukraine, or the US State Department has been included; the article mirrors the wire framing and notes where the reporting thins.

Wire provenance

This editorial synthesis draws on the following public wire/social posts:

  • https://t.me/DDGeopolitics/
  • https://t.me/noel_reports/
  • https://t.me/euronews/
© 2026 Monexus Media · reported from the wire