President Donald Trump warns Russia of ‘devastating’ consequences if Ukraine ceasefire agreement not reached

US President Donald Trump has revealed officials are travelling to Russia ‘right now’ to discuss a Ukraine ceasefire agreement, warning of what he could do if Vladimir Putin doesn’t agree to peace.

Mr Trump spoke to reporters in the Oval Office after Ukraine agreed to accept an immediate 30-day ceasefire in the conflict with Russia during talks with US officials in Saudi Arabia.

“Hopefully, we can get a ceasefire from Russia,” Mr Trump said.

“If we do, I think that would be 80 per cent of the way to getting this horrible blood bath finished.”

In another display of Mr Trump’s “peace through strength” strategy, the president warned that Russia could face “devastating” consequences if the country does not agree to the ceasefire.

“There are things you can do that wouldn’t be pleasant in a financial sense. I can do things financially,” Trump says.

“It would be very bad for Russia. I don’t want to do that, because I want to get peace.

“In a financial sense, we could do things that would be very bad for Russia.

“It would be devastating.

“We’re getting close to maybe getting something done,” Mr Trump.

Mr Trump highlighted the progress that has been made with the ceasefire agreement, saying Ukraine, which Mr Trump thought would be the “more difficult party” had already agreed to the proposal.

“We’ve got Ukraine done, as you know, I thought Ukraine might have been the more difficult party,” Mr Trump said.

“You were here a week ago when some interesting things happened.

“I had somebody (Ukraine President Volodymyr Zelensky) that didn’t seem to want peace.

“Now he’s agreed to peace.”