The United States has called off a planned summit in Budapest between President US Donald Trump and Russian President Vladimir Putin after Moscow sent a memo to Washington reaffirming its uncompromising stance on Ukraine, a Financial Times report said. The decision followed what sources described as a “tense” conversation between the two nations’ top diplomats.

Trump: ‘Not going to waste time’

Speaking to reporters aboard Air Force One, Trump said he would not meet Putin unless he was convinced that a tangible peace deal to end the Russia–Ukraine war was within reach. The conflict will enter its fifth year in February.

The Budapest meeting was intended to advance peace negotiations, but plans for the summit were ultimately shelved.

“I need to know we’re actually going to make a deal. I

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