Trump did not specify what the consequences could be, but he has warned of economic sanctions if his meeting with Putin in Alaska on Friday proves fruitless.
However, Russia is likely to resist Ukraine and Europe's demands strongly and previously has said its stance had not changed since it was first detailed by Putin in June 2024.
Asked if those consequences would be sanctions or tariffs, Trump told reporters: “I don’t have to say. There will be very severe consequences.”
“If the first one goes okay, we’ll have a quick second one,“ Trump said.
Trump did not provide a time frame for a second meeting.
European leaders and Zelenskiy had earlier spoken with Trump in a last-ditch call hosted by Germany to lay out red lines ahead of the Alaska meeting.
French President Emmanuel Macron said Trump agreed Ukraine must be involved in any discussions about ceding land, while Zelenskiy said Trump had supported the idea of security guarantees in a post-war settlement.
“The second point on which things were very clear, as expressed by President Trump, is that territories belonging to Ukraine cannot be negotiated and will only be negotiated by the Ukrainian president.”
“If there is no movement on the Russian side in Alaska, then the United States and we Europeans should ... increase the pressure,“ he said.
Trump and Putin are due to discuss how to end the three-and-a-half-year-old conflict, the largest in Europe since World War Two. Trump has previously said both sides will have to swap land to end fighting that has cost tens of thousands of lives and displaced millions.
On a day of intense diplomacy, Zelenskiy flew to Berlin for the virtual conferences with European leaders and then with Trump.
Russian forces have made a sharp thrust into eastern Ukraine in recent days in what may be an attempt to increase the pressure on Kyiv to give up territory.
A source familiar with the matter said the call with Trump discussed possible cities that could host a three-way meeting, depending on the outcome of the talks in Alaska.
Trump’s agreement last week to the summit was an abrupt shift after weeks of voicing frustration with Putin for resisting the U.S. peace initiative. Trump said his envoy, Steve Witkoff, had made “great progress” at talks in Moscow.
Russian Foreign Ministry spokesperson Alexei Fadeev earlier said Moscow's stance had not changed since last year.
Kyiv swiftly rejected the conditions as tantamount to surrender - REUTERS
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