Ukrainian and Russian officials ended their third round of peace negotiations in under an hour Wednesday — falling short of establishing a cease-fire but agreeing to a prison swap. The talks took place in Istanbul just over a week after President Trump threatened Russian President Vladimir Putin with “very severe tariffs” if he doesn’t commit to a cease-fire in Ukraine within 50 days.

The announcement appears to preclude any kind of top-level meeting or breakthrough ahead of the 50-day deadline for an agreement given by President Donald Trump.

Ukraine, Russia hold third round of peace talks in Istanbul * Ukrainian drones reportedly target key logistics hub in southwestern Russia * Russia suffered 80,000 casualties during Kursk incursion, Ukraine's military chief says * 'He sees Trump as emotional and susceptible to influence' — Putin not worried about 50-day ceasefire deadline,