President Donald Trump may have expected a Russian shudder of fear to greet his threat of “very severe tariffs” on the country if it didn’t agree a ceasefire in Ukraine.

In response to the escalating threat, President Trump confirmed that the U.S. will send additional Patriot air defense missiles to Ukraine. He noted that the European Union would finance the purchase of what he described as "various pieces of very sophisticated" U.S. weaponry.

President Donald Trump is downplaying the possibility of sending Ukraine long-range weapons as Kyiv awaits an injection of U.S. weaponry that it hopes will help it beat back an intensifying Russian air offensive.

Russia continued its nightly bombardment of Ukrainian cities overnight into Tuesday, after President Donald Trump said the U.S. would send military equipment to Kyiv.

President Donald Trump on Monday laid out a pair of steps intended to pressure Russia to end its war in Ukraine, including funneling new weapons to Kyiv and threatening economic punishment on Moscow if peace isn’t reached in 50 days,

President Donald Trump has announced new measures targeting Russia over its ongoing war in Ukraine, threatening steep tariffs if a peace deal isn't reached within 50 days.

Russia launched four missiles and 136 drones into Ukraine overnight into Monday morning, according to Ukraine's air force.

Oil prices edged lower on Tuesday after U.S. President Donald Trump's 50-day deadline for Russia to end the Ukraine war and avoid sanctions eased concerns about any immediate supply disruption. Brent crude futures were down 15 cents at $69.