Putin and Trump can’t win

epa12303630 US President Donald Trump (R) and Russian President Vladimir Putin pose on the podium on the tarmac after they arrived to attend a meeting at Joint Base Elmendorf-Richardson in Anchorage, Alaska, USA, 15 August 2025. EPA/GAVRIIL GRIGOROV/SPUTNIK/KREMLIN POOL / POOL Purchased:AAP

Believing in their military might, neither Putin nor Trump considered the consequences of their attacks on Ukraine and Iran. Now their wars are failing.

Confident in the belief there was nothing their respective militaries could not do, Vladimir Putin and Donald Trump led their countries into wars that failed virtually from the start. Now, they are looking to each other for help getting out of the messes they made, but neither holds winning cards.

When Russian President Vladimir Putin launched his full-scale invasion of Ukraine in early 2022, his goal was to bring about regime change in Kyiv and declare victory within days – not a ‘war’ but a ‘special military operation’. Similarly, when US President Donald Trump launched an all-out attack against Iran, his goal was to bring about regime change in Tehran and declare victory within days – not a ‘war’ but an ‘excursion’.

Both men made the decision to start a war without following the normal policy-planning process, let alone considering all the possible consequences and second-order effects. Putin had been sitting in isolation during the COVID-19 pandemic, reading histories of the old Russian empire. When the time came, he rammed his ‘special military operation’ through Russia’s Security Council, brooking no dissent. The official most directly responsible for the Ukraine file did object but was overruled and has since resigned.

Similarly, Trump went to war after chalking up a quick victory in Venezuela, and after hearing from Israeli Prime Minister Benjamin Netanyahu that the Iranian regime would surely collapse under pressure. Trump’s own CIA director dismissed that optimistic scenario as ‘farcical’, and even his obsequious vice president, JD Vance, expressed reservations. But the decision was made, and the file was handed over to the ‘Secretary of War’, whose comically bellicose rhetoric has invited more ridicule than respect.

Now, both leaders are bogged down with no clear path out of the mess they have made. Ukrainian President Volodymyr Zelensky has mustered a successful defence of his country, limiting Russia’s advances for four straight years. Meanwhile, despite losing its senior leadership and suffering major blows to its conventional military capabilities, the Iranian regime has survived and asserted de facto strategic control over the Strait of Hormuz by leveraging the same drone technologies as the Ukrainians.

Since neither Ukraine nor Iran is contemplating surrender, the misguided men who started each conflict have begun to roll back their war aims. Although Putin cannot openly acknowledge that he will never conquer Ukraine, he is now desperately hoping for a political settlement that hands him the slices of the Donetsk region that his armies have failed to control. And although Trump has recklessly threatened to eradicate the Islamic Republic, he is desperately hoping for a political settlement that will reopen the Strait of Hormuz and allow for a nuclear agreement not unlike the one from which he withdrew the United States in 2018.

But neither leader has made much headway even toward their more modest objectives. Putin can order his armies to advance, but they cannot actually do it. Tens of thousands of increasingly low-quality recruits are being sent to die, with nothing to show for it. The Russian war economy is churning out Iranian-model attack drones in huge numbers, but the Ukrainians have proven to be even more innovative. Their drones are not only holding the line of defence but also striking energy infrastructure and military targets deep within Russia.

To be sure, Ukraine receives external support – primarily from the Europeans, now that the US has blundered into its war with Iran, burning through half its stockpile of advanced missiles in the process. Fortunately, Ukraine’s own defence industry now meets half of its military needs, whereas Russia has grown increasingly dependent on China for economic support, and on North Korea for shells and cannon fodder. The glorious Russian army that Putin read about in his history books is a thing of the past.

The US and Israel certainly enjoy overwhelming military superiority over Iran. They can bomb at will across the country, laying waste wherever they want. But without putting boots on the ground, they cannot convert military dominance into political success. No country can be subjugated by air power alone.

I imagine that Putin is gnashing his teeth in the Kremlin, or in some hidden bunker, yelling at the people who cannot give him the victory he desperately needs. And Trump unwittingly airs his own desperation daily on Truth Social. The old adage is true: it is much easier (and more exhilarating) to start a war than to end one.

At some point, each leader’s failed war will change his respective regime. Although rising oil prices might offer some financial respite for Putin, the Russian economy will need much more than that in the long term. And now that the Russian population has grown accustomed to the comforts of the digital age, there are limits to what traditional propaganda and repression can do. If Russian history is a guide, failed wars lead to political change – as happened after the Russian defeat to the Japanese in 1905 and the Soviet defeat in Afghanistan. Putin’s legacy will be defined by his failure in Ukraine.

As for Trump, he promised no more regime-change wars. But he then convinced himself there is nothing the US military cannot do, and now every American consumer is paying the price. Many of his supporters see a man who has lost his way, while the rest of the world sees a superpower that has discredited itself.

We know that Putin and Trump occasionally have long conversations. Putin wants Trump to help him win in Ukraine; but Trump cannot, because he no longer holds the cards to bring about such a result. Meanwhile, Trump has probably asked Putin to help him subdue Iran but Putin couldn’t even if he wanted to, because he doesn’t hold any cards either.

Putin and Trump have achieved one thing, at least. The Norwegian committee that awards the Nobel Peace Prize will be able to work without distraction. Putin was never under consideration, and if Trump was, he never will be again.

 

Copyright Project Syndicate 2026

Project Syndicate

Carl Bildt