“Now if for some reason one of the two parties makes it very difficult, we’re just going to say: ‘You’re foolish. You’re fools. You’re horrible people’ – and we’re going to just take a pass,” Trump told reporters in Washington.
“But hopefully we won’t have to do that.”
Trump declined to give a “specific number of days” for when the US would stop trying to negotiate a truce, stressing, “But quickly. We want to get it done.”
Asked whether he was being “played” by President Vladimir Putin, Trump stated: “Nobody’s playing me, I’m trying to help.”
Trump’s comments came after the US Secretary of State, Marco Rubio said the US was ready to abandon its efforts “within days.
Speaking in Paris on Friday after meeting European and Ukrainian leaders, Rubio stated Trump was still interested in a deal. But he added that the US president had many other priorities around the world and was willing to “move on” unless there were signs of progress.
“It is not our war. We didn’t start it,” Rubio continued, adding that if a deal were not possible – with both sides still far apart – the US president was “probably at a point where he’s going to say, well, we’re done”.
Trump felt “very strongly” about this, he continued.
Rubio’s comments were the clearest signal yet that the White House is ready to walk away from its diplomatic attempts to negotiate an end to the war. It was unclear if this would also mean an end to US military assistance to Kyiv.
The Ukrainian president, Volodymyr Zelensky, said this week that deliveries had already “practically stopped”.
Last month Zelensky agreed to a US proposal for a 30-day ceasefire. The Kremlin, however, has rejected the plan. Vladimir Putin’s spokesperson, Dmitry Peskov, stated on Friday that ending the war was “not a simple topic”.
Moscow was seeking a settlement that “ensured its own interests”, he added.
In recent weeks Russia has launched a fresh military push across the 600-mile (1,000km) frontline and stepped up its air attacks on Ukrainian civilians and infrastructure. On Sunday it bombed the city of Sumy, killing 35 people and injuring 117.
Since Trump returned to the White House in January he has piled pressure on Ukraine, stopping most US military assistance and temporarily cutting off intelligence sharing. This week he falsely blamed Zelensky and Joe Biden for “starting” the war.
In contrast, Trump has refused to criticise the Russian president or to impose sanctions on or punish Moscow. Senior US officials – including the special envoy Steve Witkoff, who held talks last week with Putin in St Petersburg – have instead parroted Kremlin talking points.
According to Bloomberg, the latest US peace plan presented on Thursday to European leaders would in effect freeze the war along the existing frontline. Russia would keep the territory it occupies, while Kyiv would not be allowed to join NATO.
Talks are due to continue in London next week. US officials conceded that the proposal would be irrelevant if the Kremlin did not agree to stop the fighting, and said security guarantees were essential for Ukraine if the deal were to work, Bloomberg reported.
The US vice-president, JD Vance, speaking in Rome after a meeting with the Italian prime minister, Giorgia Meloni, said he was optimistic “the very brutal war” could be stopped.
“Even in the past 24 hours, we think we have some interesting things to report on,” he added.
Meanwhile, significant details of the minerals deal remain unclear, including whether Kyiv has agreed to a White House demand that it “pays back” the cost of earlier military assistance.
Zelensky was poised in February to sign a framework agreement over a wide-ranging economic partnership. It was derailed after his disastrous encounter with Trump and Vance in the Oval Office.
Since then negotiations have continued. Overnight, Ukraine’s first deputy prime minister, Yuliia Svyrydenko, said a memorandum had been finalised. It paved the way for the setting up of an investment fund for the reconstruction of Ukraine, she indicated.
“We are happy to announce the signing with our American partners,” she stated.
Speaking to reporters in the White House, Trump said a deal could be signed next Thursday.
The US treasury secretary, Scott Bessent, added: “We’re still working on the details.”
He added the latest version ran to 80 pages and was “substantially what we’d agree on previously”.
“That’s what we will be signing,” he continued
According to the latest draft, Ukraine acknowledges the “significant material and financial support” Kyiv has received from the US since Russia’s 2022 invasion and the desire from both countries for a “lasting peace”.
It says Ukraine’s prime minister, Denys Shmyhal, will visit Washington next week to hold final “technical talks” with Bessent. They are expected to complete discussions on a “reconstruction investment fund”, the memo adds.
The deal would need to be ratified by Ukraine’s parliament, Ukraine’s deputy minister of economy stated on Friday.
Zelensky is keen to improve relations with the Trump administration. At the same time, he has so far rejected the White House’s demand that revenue from the new joint fund is used to cover the cost of weapons deliveries provided by the Biden administration.
Trump has previously said Ukraine “owes” the US $300bn (£226bn). Zelensky has pointed out this assistance was given as a grant, not as a loan, with Republicans and Democrats approving it in Congress. Any future partnership has to be based on “parity”, and should benefit both countries, he says.
The deal may help US weapons manufacturers, who are facing a critical shortfall of key rare-earth minerals imported from China. Beijing has restricted its export in response to Trump’s escalating trade war.
Volodymyr Landa, a senior economist with the Centre for Economic Strategy thinktank in Kyiv, said the deal had gone through “multiple iterations”.
He added: “It’s hard to say what’s inside.”
Landa said he did not expect Kyiv to accept that previous “non-refundable military aid” was now “debt”. “That’s not only unfair and unrealistic, but may also negatively affect the full global financial system,” he added.
He continued: “If it suddenly turns out that countries and organisations can demand payments for aid given unconditionally in previous years, it will make recipients more cautious, and could reopen difficult issues from previous decades around the world.”
The latest negotiations came as Russia killed one person and injured about 70 in a ballistic missile strike on a residential area of the city of Kharkiv, in the north-east of Ukraine. Five of the injured were children. There were also strikes on Dnipro, Kyiv and Mykolaiv, as well as the Donetsk region.
“This is how Russia began this Good Friday – with ballistic missiles, cruise missiles, Shaheds – maiming our people and cities,” Zelensky wrote on social media.
Kharkiv’s mayor, Ihor Terekhov, said the Russians used ballistic missiles equipped with cluster munitions. “That is why the affected areas are so extensive,” he added. At least 20 blocks of flats, 30 houses and an educational institution were damaged.
On Palm Sunday Russia dropped two Iskander missiles in the city centre of Sumy. One of them hit a congress centre. The other exploded between two university buildings and next to a crowded bus and cars.
