Trump and Putin last met in Alaska in August, during a hastily organised summit which yielded no concrete results.
The White House decision to shelve plans for a second Trump-Putin meeting may be seen as an attempt to avoid another similar scenario.
“I guess the Russians wanted too much and it became evident for the Americans that there will be no deal for Trump in Budapest,” a senior European diplomat told Reuters.
A preparatory meeting between US Secretary of State Marco Rubio and Russian Foreign Minister Sergei Lavrov was due to be held this week – but the White House said the two had had a “productive” call and that a meeting was no longer “necessary”.
On Monday, Trump embraced a ceasefire proposal backed by Kyiv and European leaders to freeze the conflict on the current front line.
“Let it be cut the way it is,” he said. “I said: cut and stop at the battle line. Go home. Stop fighting, stop killing people.”
Russia has repeatedly pushed back against freezing the current line of contact.
Kremlin spokesperson Dmitry Peskov said the idea had been put to the Russians repeatedly but that “the consistency of Russia’s position doesn’t change” – referring to Moscow’s insistence on the complete withdrawal of Ukrainian troops from the embattled eastern regions.
Moscow was only interested in “long-term, sustainable peace”, Sergei Lavrov said on Tuesday, implying that freezing the front line would only amount to a temporary ceasefire.
The “root causes of the conflict” needed to be addressed, Lavrov said, using Kremlin shorthand for a series of maximalist demands that include the recognition of full Russian sovereignty over the Donbas as well as the demilitarisation of Ukraine – a non-starter for Kyiv and its European partners.
