Skip to playerSkip to main contentSkip to footer
  • 5/19/2025
On "Forbes Newsroom," Clifford May, the founder and resident of the Foundation for Defense of Democracies, reacted to the phone call between President Donald Trump and Russian President Vladimir Putin.
Transcript
00:00Hi, everybody. I'm Brittany Lewis, a breaking news reporter here at Forbes. Joining me now
00:07is Cliff May, founder and president of the Foundation for Defense of Democracies. Cliff,
00:12thanks so much for joining me once again. Glad to be here. I am glad to have you. I want to talk
00:17about where we are right now in the Russia-Ukraine war. It has raged on for over three years. And
00:22just today, President Trump and Russian President Vladimir Putin held a phone call. The goal was,
00:28according to Trump, to stop the bloodbath of the war between Russia and Ukraine. Details are
00:34emerging now of that phone call. President Trump posted this about the meeting. Quote,
00:38Russia and Ukraine will immediately start negotiations toward a ceasefire, and more
00:42importantly, an end to the war. The conditions for that will be negotiated between the two parties,
00:47as it can only be because they know details of a negotiation that nobody else would be aware of.
00:53What do you make of this phone call between the two? And what President Trump characterized as
00:57what was said in the phone call? Well, I've got to say, I'm very skeptical that this is going to lead
01:05to a ceasefire, much less peace or a path to peace anytime soon. What you're going to see,
01:11I think, is that Putin will make unbelievable demands on Zelensky and on Ukraine. Demands that will
01:20essentially be asking for or demanding surrender. That Ukraine become, like Belarus is, a vassal state,
01:28or like Chechnya is, a colony. He'll want additional land sacrificed, not just the lands occupied.
01:35He'll want Ukraine demilitarized so it can't defend itself. I think it's really bad. Now,
01:41President Trump has emphasized in what he has said, the various carrots he is offering to Putin.
01:50I think, you know, I think it's possible that Putin will say, gee, that sounds wonderful. I'd love to
01:56help enrich Russia. But again, I'm very skeptical. I think it is going to be necessary for Trump to
02:04use sticks, not just carrots, by which I mean serious economic sanctions, depriving Russia of
02:13revenue from its hydrocarbons, which is the main source of its revenue. And I would say amping up the
02:22munitions it gives to or sells to the Ukrainians. With that kind of pressure, I think you can get
02:28Putin to a ceasefire. Without that kind of pressure, you know, I'll make this prediction,
02:34and you can have me back on. And if I'm wrong, I'll be glad to admit it. I don't think Putin stops.
02:39Over the last few days, hundreds of drones have fallen on Ukraine. It's got to understand,
02:44Putin doesn't want peace. What Putin wants is victory, which means the conquest of Ukraine
02:50and dragging Ukraine back into what he, as he sees it, the Russian empire ruled by the Kremlin,
02:57ruled by him in the Kremlin as sort of the new czar.
03:01I want to talk about what's happened in the last few days before this phone call. There were talks
03:07in Turkey between Russian officials and Ukrainian officials, and Russia sent lower level, reportedly,
03:14junior officials to the negotiating table. Ukraine said that they offered a host of non-starters.
03:21A ceasefire was not agreed to in that meeting. Then this weekend, we see Russia launch one of the
03:27largest drone strikes against Ukraine in the past over three years. So what happened in this phone
03:33conversation, do you think, between Putin and Trump? Is he placating Trump? Is he lying to Trump's face?
03:39Is Trump believing that? What do you make of this? So you're exactly right about what happened. It was
03:45the delegation the Russians sent was not just low level. It was like the culture minister.
03:51It was like a joke. And I think everybody recognizes that he wasn't negotiating seriously.
03:56I'm not sure he will negotiate seriously. What we can hope for is that in this conversation
04:02or any conversations that Trump has with Putin going forward, he will remind Putin that he has
04:08threatened serious economic sanctions and other pressure measures. He has said in the past, Trump has,
04:17what I can do to Russia will be, quote, devastating. And it can be. I know that Trump doesn't want to do
04:23that, but I think he has to do that. He has to do that, I would also argue, in close alliance with our
04:31friends in Europe who are, who want to put pressure on Russia. I think they understand, certainly the
04:37Poles do, certainly the Estonians, Latvians, Lithuanians do. There has to be pressure on Putin
04:43or he will continue to strike and get Ukraine, including civilians, including residential
04:49neighborhoods. And he'll be doing what he's been doing, abducting children, taking them to Russia,
04:55telling them that they're Russians, they're not Ukrainians anymore. Terrible things. This is going to,
05:00and Putin doesn't care that he's losing thousands of soldiers. Look, if you want to understand the
05:06way he looks at it, he says, yes, there are sacrifices that have to be made if I am to restore
05:11the Russian empire to greatness. And that means for him, above all, taking Ukraine back one way or
05:19another. And that won't be the last former Soviet Russian colony or satellite that he takes back.
05:27That's very important to understand. So there's got to be, there really has to be serious pressure.
05:32I hope Trump is letting Putin know he's not just bluffing. If Putin thinks he's bluffing,
05:38Putin will do what he has been doing all along. He will rocket and missile attack Ukraine,
05:44pretend to talk, and not go along even with a serious ceasefire.
05:49Both Russia and the Trump administration said last week that no serious progress was going to be made
05:56until those two leaders get in a room. Do you think that this call was serious progress at all?
06:03Because back in April, Trump said after a Russian strike that he, he said on Truth Social,
06:09it makes me think that he, Putin, doesn't want to stop the war. He's just tapping me along.
06:13Do you think Putin's just leading Trump along again now?
06:18I do think so. I think that's exactly what's going on. I'm glad to see that Trump now seems to be
06:24getting the drift that Putin has been sending, that he's tagging him along or playing him along,
06:30that he's not serious, that he may say, Putin, I'd love to see peace. I'd love to see a ceasefire.
06:36But again, what he wants is conquest. That's what he wants. Beyond economic sanctions,
06:40there's other things that Trump can do and should do. He should make clear that he is going to
06:46continue to send munitions to Ukraine. Doesn't have to give them away. He can sell them. Europeans
06:53can pay for that. Ukrainians can pay for it. We now have a deal on minerals and mineral rights inside
07:00Ukraine. That'll provide funds. And there's about $300 billion in frozen Russian funds in Europe
07:07that could be seized at this point and used for both rearmament and reparations.
07:13The Ukrainians in particular need American weapons. They're the best weapons. But two in particular,
07:18I would say, Patriot missiles. What do Patriot missiles do? They're defensive. They knock out
07:23of the sky the worst missiles that Putin is sending. The other thing I would say are attack-ems.
07:28That's an offensive weapon. Under the Biden administration, the Ukrainians were not allowed
07:33to use them against targets outside Ukraine in Russia. I would say they should be given permission
07:39to use them against military targets in Russia. Again, you put this pressure on Putin, both through
07:45military means and economic means. At that, maybe the point at which he says, okay, I'm willing to have
07:52a ceasefire. A ceasefire, what does that become? Not peace, not community, not amicable relations.
07:57It becomes a frozen conflict. Keep in mind what happened in the Koreas. There was a Korean war.
08:05The U.S. intervened. At the end of that war, there was not a path to peace. There was an armistice.
08:11It's a frozen conflict. It's been frozen since 1953. The North Koreans are aggressive,
08:18but they haven't attacked, partly because we've got about 28,000 American soldiers in South Korea,
08:23which would mean a war there. By the way, keep in mind, the North Koreans have been sending Russia
08:30huge amounts of munitions, artillery shells, 155 artillery shells, huge numbers. They've sent them
08:37more than America makes in like a decade. They've been sending them soldiers, soldiers who have died
08:42in battle against the Ukrainians. Trust me on this. Kim Jong-un, the dictator of North Korea,
08:48is getting something in return. What he's getting in return is likely to make him more aggressive in
08:54the future against South Korea, which is an American ally. What do you think Ukrainian President
09:01Zelenskyy is thinking about this phone call, this post? Because afterwards, President Trump did say
09:07he called Zelensky. He also called other NATO members about the phone conversation. I mean,
09:13what do you think he's thinking right now? How should he feel about this?
09:17So Zelenskyy wishes that the United States would see this the way he sees it, which is that the
09:25Ukrainians are on the front line against a common enemy, against Russia, which is aligned in a no-limits
09:32partnership with the Communist Party of China, the most powerful Communist Party in history, with the
09:38Islamist and Jihadist regime in Tehran, and with North Korea. So he would like
09:42Trump and others to see this as Ukraine doing something for the free world. He understands
09:49that's not quite the way Trump sees it. But he also now understands, I'm going to do what Trump
09:55asked me to do. I will not be the obstacle to a ceasefire or to peace. So Zelenskyy has said very
10:02clearly, not least in the private meeting he had at the Vatican with Trump, you say you want a
10:09no conditions, 30-day ceasefire? I agree. I will have that if Putin will have that. You want a deal
10:16on Ukrainian mineral rights? I will give you that. Basically, he said, tell me what you want and I'll
10:22do it so you understand. I'm not the obstacle to peace because I want you to understand that the
10:27obstacle here to a ceasefire or to peace is 100% Vladimir Putin who sees himself as the new czar
10:36who is trying to, again, restore the Russian empire, which for a number of decades was rebranded as
10:43the Soviet Union. President Trump continued to post about this meeting. He said it was a great
10:49conversation. That's what he characterized it as. And he also said this, quote, Russia wants to do
10:55large-scale trade with the United States when this catastrophic bloodbath is over. And I agree.
11:00There's tremendous opportunity for Russia to create massive amounts of jobs and wealth.
11:04Its potential is unlimited. Likewise, Ukraine can be a great beneficiary on trade in the process of
11:09rebuilding its country. Do you think that's enough of a carrot for Russia to say, you know what,
11:15we are going to get into this ceasefire because we want to open up more trade to with the United
11:21States? The economic possibilities could be limitless there. I mean, you look skeptical.
11:27I am skeptical. I think that's the way Americans in general tend to think of the world. We're all
11:33material girls, as Mathana would say. I don't think it's the way Vladimir Putin sees it. He'd rather
11:40Russia be poor for another century, but larger. That's the way he sees it. He could have done all
11:47kinds of things for the Russian economy, and he hasn't. Mostly, he's made himself perhaps the
11:52richest man in the world. I don't think he is seduced by the idea that the people of Russia could
11:59have wonderful 401k plans and great health care. I don't think that's what's on his mind. I've studied
12:05him for a long time. I've studied Russia for more than 50 years. It's not all Russians. There are Russians
12:10who would agree with that. I don't think Putin is one of them. He's a former KGB officer.
12:15He was a product of the Soviet system. And again, he sees his role historically as the czar. In good
12:23times, the czar should expand the Russian Empire. In bad times, which it is now, he should restore
12:29the Russian Empire. That's why in 2008, he went into neighboring Georgia. And in neighboring Georgia,
12:35he took for himself, for Russia, essentially two provinces. It's why in 2014, he took, invaded,
12:44and annexed the Crimean Peninsula. Right now, he holds about 18% of Ukrainian territory, including
12:52a land bridge to the Crimean Peninsula. Again, he might settle for that for now and think,
12:58I can do more after Trump is out of office and I get somebody else. He might settle for that,
13:03but I think only if there is serious pressure, only if he thinks, okay, I've been forced into a corner.
13:10He will not do that because he thinks, oh, look at these wonderful trade relations and good deals
13:15we can get with the Americans. I just don't think that's his priority.
13:20To your point, and coming off of your expertise from Russia and Putin specifically, do you think
13:26America and the Trump administration is really missing anything when it comes to these negotiations?
13:31Do you think they're going in there with more of an American perspective? I mean, what do you think
13:36that looks like? Yeah, I think they're going in there with an American perspective, which is that
13:41we're all, the word is homo economicus, the idea of people being motivated mostly by material benefits.
13:51And that's not true of Putin. I don't think it's true of Xi Jinping. In China, I don't think it's true
13:57of Kim Jong-un in North Korea. And I certainly don't think it's true of the Islamists in Tehran.
14:01You know, in Tehran, the revolution there was started by Ayatollah Ali Khamenei.
14:09And I was a reporter in Iran during the revolution as well. And I remember a famous phrase of the
14:16Ayatollahs, this revolution is not about the price of watermelons. In other words, this revolution
14:22is not to make people richer, and people are actually poorer now in Iran than they were during
14:28the shah. This revolution is about spreading his version of Islam and becoming the hegemon,
14:35the boss of the Middle East, about subjugating people in places like Lebanon, utilizing the Houthis,
14:42and by the way, exterminating the Israelis. That's what the revolution is about. It's not about having a
14:48fatter wallet. I can hear just how skeptical you are about Putin's talk to potentially go to the table,
14:57start negotiations again. Do you think this phone call was a big deal? I mean, was it just Putin kind
15:03of kicking the can down the road to keep President Trump interested? What do you think is next year?
15:09Well, listen, Putin will, where's the phrase, tag Trump along as much as he possibly can,
15:15if he can. It's in his interest to do so. He would not have invaded Ukraine in 2014, and again, three
15:27years ago, a little more than that now, if his concern was the economy of Russia, because he spent
15:35a fortune on this, and the economy of Russia is doing much worse as a result of this. And he is losing
15:41soldiers, and he is having difficulty recruiting a foreign army that moves ahead by inches and with
15:49bodies paving the way. Look, I think this call, I think, here's what I think. I think Trump will see
15:57that this call didn't move Putin in any particular direction, that whatever negotiations begin as a
16:05result of this do not have any good results. And at the end of the day, it's going to be a matter of,
16:12does the US, with its allies in Europe, put serious pressure on Putin or not? And there's a possibility,
16:20we've heard this said, that Trump will walk away from the negotiations. There's two ways to walk away.
16:26One is to walk away, but continue to help arm Ukraine. Again, using European money, using Russian
16:32money, other ways to do it. That's one thing. The other is, if Putin thinks, I'd like Trump to walk
16:40away from the negotiations and stop arming Ukraine, because if that's the case, I have a real chance
16:47to achieve my objectives, my objectives being to swallow Ukraine one way or another. Keep in mind
16:54that if he were to get all of Ukraine as he wants, you now have in Ukraine, perhaps the best fighting
17:01force in Europe. We know that. They've proven themselves. With bayonets to their back, which way
17:08do they march? I think Putin has them march ahead of his own soldiers westward towards Moldova,
17:17which is not a NATO member, and maybe towards countries like Lithuania, Latvia, and Estonia,
17:22which are NATO members. And if he attacks them, we have an obligation under NATO Article 5
17:29to come to their defense. So stopping Putin in Ukraine is beneficial if the US does not want to
17:37end up in a war to support NATO allies or to let NATO collapse, which would mean very quickly the collapse
17:45of other alliances, not least in Asia. And that would be detrimental for Taiwan, which is worried
17:52about being taken over, and to Japan and to the Philippines and other American allies. You're not
17:57going to make America great again if America is in retreat all over the world.
18:01And my last question to you then, is there any indication of what President Trump is going to do next?
18:08My guess is that he is deciding that, and he is probably being advised by his various deputies.
18:17And I hope some are, and I hope most of them are saying, it's time for you to do what you said you'd
18:23do. Get tough on Putin. Show that you're not bluffing. People shouldn't think you bluff because if they do,
18:28they're going to start calling your bluff in a lot of other places as well. But there may be others who are
18:33saying, what's Ukraine to us? Why do we care? I think that's how to say myopic, nearsighted. I think
18:40that doesn't understand why it's important, not that we put boots on the ground, not that we fight,
18:45but that we help the Ukrainians maintain their independence, their sovereignty, their freedom,
18:55a political system that is democratic. I was an official election observer the last time
19:00there were elections in Ukraine. People were very proud that they had political parties,
19:05they had a free press, and that they were conducting free and fair elections. Very proud of that.
19:10If Putin takes control, that's the end of that. Never again. They would like to be like Poland is
19:15today or like Lithuania or Estonia or Latvia are. That's the way they want to be. They want to be in
19:21a free world led by America. We can help them or we can abandon them. I'm arguing that if we help them,
19:28it's in the American interest. I'm arguing that if we abandon them, it's not in the American
19:32interest. I hope that's the conclusion Trump comes to. I guess we'll see. Well, there are certainly a
19:38lot of developments to look out for. Cliff May, I appreciate your perspective. Thank you so much
19:42for joining me again. You are welcome back anytime. Thank you.

Recommended