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Mr Johnson also refused to rule out a return to frontline politics amid growing speculation that he could stand as an MP again.
He told an audience at Georgetown University in Washington that he could re-enter politics if he felt he had “something to contribute”.
Asked if he would stand again as an MP, he said: “I think it’s unlikely in the short term. I think the only circumstances in which anybody should stand for election is if they have something to contribute.”
Mr Johnson resigned as MP for Uxbridge & South Ruislip last year, nearly a year after standing down as Prime Minister, ahead of a publication of a report into parties at Downing Street under his tenure.
He has described the report as a “kangaroo court”.
Mr Johnson, 59, was speaking to an audience at the Center for European Policy Analysis.
He was introduced, in accordance with American custom, by the moderator as “Prime Minister Boris Johnson”.
“I love the way you call me Prime Minister. It’s a courtesy that doesn’t exist in the United Kingdom,” he said, joking “it might come in handy”.
During the more than hour-long “fireside chat”, Mr Johnson argued that there was no feasible peace deal the Ukrainians could strike to end the fighting.
He said: “There’s no deal they can see they can do with Putin. I mean, nobody comes up to me furtively and says, ‘oh, but you know, by the way, we could trade this and this and let’s cut a deal’. Nobody suggests that.”
However, Mr Johnson argued there are ways through for Putin to “end this thing” and still be able to “claim some sort of moral victory”.
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