The swap started on Friday and will continue on Saturday and Sunday, with Kyiv and Moscow expected to swap 2,000 people – 1,000 from each side.

Trump’s lead envoy to Ukraine and Russia, Steve Witkoff, has had similar moments of confusion. In an interview in March, he could not name the regions over which the war is being fought. “These so-called four regions,” he said, struggling to recall them. “Donbas, Crimea... You know the names.”

The E.U. has pushed back against President Trump’s latest threat to impose a 50% import tariff on all E.U. goods, warning trade must be built on “respect."

Many in the EU, and other countries such as Japan, believe the US administration is bluffing, and that it backed down against China in the face of rising inflation and market volatility, and will ine...

U.S. stocks are falling on Friday after President Donald Trump threatened 50% tariffs on the European Union that could begin in a little more than a week.