Trump Announces Ceasefire In Russia-Ukraine War—But Prior Truces Have Largely Failed

BreakingBusinessTrump Announces Ceasefire In Russia-Ukraine War—But Prior Truces Have Largely FailedByAntonio Pequeño IV,Forbes Staff. Pequeño is a breaking news reporter who covers tech and more.Follow AuthorMay 08, 2026, 04:30pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ToplineA three-day ceasefire agreement has been reached between Ukraine and Russia, President Donald Trump announced Friday, potentially marking progress between the two nations that have been at war since 2022 and accused each other of breaking previous ceasefires.Trump announced the ceasefire Friday afternoon. Photo by Kevin Dietsch/Getty ImagesKey FactsTrump said he requested the ceasefire, which will begin May 9 and “include a suspension of all kinetic activity” the president added.One thousand prisoners from each country will be swapped as part of the ceasefire, according to Trump.Ukraine and Russia have reached multiple temporary truces or ceasefire agreements as they have warred, but both countries have accused the other of violating prior peace deals.The ceasefire will coincide with Victory Day celebrations in Russia that commemorate the acceptance of Nazi Germany’s surrender in World War II.Russian President Vladimir Putin is scheduled to give a speech for the celebrations in Russia, according to the Associated Press, which noted events will be scaled down over security concerns. if (!window.cnxel) { window.cnxel = {}; window.cnxel.cmd = []; var iframe = document.createElement('iframe'); iframe.style.display = 'none'; iframe.onload = function() { var iframeDoc = iframe.contentWindow.document; var script = iframeDoc.createElement('script'); script.src = '//cd.elements.video/player.js?cid=62cec241-7d09-4462-afc2-f72f8d8ef40a'; script.setAttribute('defer', '1'); script.setAttribute('type', 'text/javascript'); iframeDoc.body.appendChild(script); }; document.head.appendChild(iframe); const preloadResourcesEndpoint =...