Trump Responds to Putin's Statement on Sanctions

U.S. President Donald Trump has reacted to his Russian counterpart Vladimir Putin's statement that new sanctions will not significantly impact the country's economy. Trump expressed that he is glad for this and suggested waiting to see what happens in six months.

Vladimir Putin stated that the initiative to meet with Donald Trump in Budapest came from the United States and that the summit has only been postponed, not canceled. He emphasized that such meetings need to be well-prepared in order to achieve the desired outcome. The President also commented on the new sanctions, expressing confidence that they will not have a significant effect on the Russian economy.