Markets reverse course as Ukraine agrees to Trump's 30-day ceasefire proposal

What was shaping up to be another down day in markets has reversed in Tuesday afternoon U.S. trading after Ukraine agreed to a Trump administration proposal for a 30-day ceasefire in its war with Russia.

After a morning session that saw markets slip further into negative territory, the mood has brightened considerably in the afternoon.

A key development was an agreement by Ukraine to a Trump administration proposal for a 30-day ceasefire in its war with Russia.

Russia has yet to weigh in, but the agreement will hinge on that country's acceptance, according to a joint statement of Ukraine and the U.S. after a meeting of their delegations in Saudi Arabia.

“We are hopeful that Russia will accept this proposal so that the two sides can come together at the earliest possible convenience,” the statement continued, adding that both sides agreed to keep their delegations in close contact over the next 30 days.

As part of the agreement, the U.S. will immediately lift a pause on intelligence sharing and military assistance to Ukraine, the statement continued.

Earlier this week, Trump announced he was freezing a $350 million military aid package to Ukraine, and also put on hold an administration plan to provide an additional $1 billion in loan guarantees to the country. The move came after Trump said he was disappointed with the lack of progress in the talks between Ukraine and Russia.

The administration also announced a halt to the U.S. military cooperation with Ukraine, which includes intelligence sharing and joint military exercises.

The U.S. has already provided more than $6 billion in military and economic assistance to Ukraine since Russia’s annexation of Crimea in 2014.

Trump’s decision to pull back on aid and cooperation came as a surprise to many, and it drew criticism from some members of Congress.

However, some experts said the move was part of Trump’s broader strategy to put pressure on Russia to negotiate an end to the war.

The war broke out in April 2014, when Russia began providing military and economic support to separatists in eastern Ukraine.

The separatists launched an offensive against the Ukrainian government forces, and the war has since claimed the lives of over 13,000 people.

The war also led to a major deterioration in U.S.-Russia relations.

The two countries have sparred over a range of issues, including the war in Syria, the Intermediate-Range Nuclear Forces Treaty, and U.S. sanctions on Russia.

Despite the tensions, Trump has said he wants to maintain good relations with Russia.

In a joint press conference with Russian President Vladimir Putin at the G20 summit in Japan last week, Trump said he had a “great conversation” with Putin and that they discussed a number of important issues.

“We have a very good relationship, and we’re working on some very important things together,” Trump said.

Putin, for his part, said he and Trump had agreed to continue talks in the coming months.

“We had a useful conversation today, and we agreed to continue our dialogue,” Putin said.

The two leaders also discussed the possibility of a meeting in the United States sometime this year.

“We talked about the possibility of me coming to the United States later this year, and we agreed to keep that option open,” Trump said.

The two presidents met for the first time in Helsinki, Finland, in July 2018.

Their meeting was highly anticipated, as it came amid heightened tensions between the two countries over a range of issues, including Russia’s interference in the 2016 U.S. presidential election, the Intermediate-Range Nuclear Forces Treaty, and U.S. sanctions on Russia.

The meeting went longer than planned, and the two presidents discussed a wide range of issues in a one-on-one setting.

After their meeting, Trump and Putin held a joint press conference, during which they announced that their teams would continue to work on several issues of mutual interest.

In a statement released after the meeting, the White House said that Trump and Putin had a “candid and productive” discussion of the key issues in the U.S.-Russia bilateral agenda.

The statement said that the two presidents agreed to continue discussing these issues in the coming months.

The statement also said that Trump had raised the issue of American citizens unjustly detained in Russia, and that Putin had promised to look into the matter further.

The two presidents had breakfast together at the G20 summit, and they also met briefly on the sidelines of the summit.

Their meeting at the G20 summit was part of a broader effort by Trump to engage with world leaders and discuss pressing issues.

Earlier this year, Trump met with North Korean leader Kim Jong Un in an effort to reach a deal on nuclear disarmament on the Korean peninsula.

Trump also met with Chinese President Xi Jinping to discuss trade tensions between the two countries.

The trade tensions began last year, when Trump imposed tariffs on steel and aluminum imports from China in an effort to reduce the U.S. trade deficit with the Asian nation.

China responded by placing tariffs on a range of U.S.