Trump and Putin are set to meet in Alaska on Aug. 15 to discuss ending the three-year conflict. The Trump administration has struggled to broker a peace deal, with Trump increasingly lashing out at Putin and threatening financial repercussions if he doesn't come to the table.

President Trump is preparing to take another swing at a deal with President Putin during a high-stakes summit next Friday in Anchorage, Alaska. The president said Ukraine will have to give up some territory if there is going to be a ceasefire.