“Putin will not negotiate as a loser,” one of his longtime associates tells TIME by phone from Moscow. “He knows that winners don’t get punished, and if he wins, all of this” — the sanctions, the tariffs — “will go away.”

Donald Trump has said that he is disappointed but not done with Vladimir Putin, in an exclusive phone call with the BBC. When the US president was pressed on whether he trusts the Russian leader by Chief North America Correspondent Gary O'Donoghue,