Core Points - President Trump believes it is "inappropriate" to meet with President Putin at this time, leading to the cancellation of their planned meeting in Budapest [2][4] - Trump expressed that while conversations with Putin have been pleasant, no progress has been made, and he is considering sanctions against Russia [2][4] - The decision to cancel the meeting was influenced by a recent conversation between U.S. Secretary of State Rubio and Russian Foreign Minister Lavrov, emphasizing the importance of implementing previously agreed-upon content rather than scheduling a new meeting [4] Group 1 - The cancellation of the meeting occurred just six days after it was announced, indicating a rapid shift in diplomatic intentions [2][3] - Trump stated he does not want to hold a meaningless meeting and believes both Russia and Ukraine are not ready for serious negotiations [3][4] - Russia's Deputy Foreign Minister noted that there are difficulties in arranging the meeting, but significant obstacles do not exist [5][6] Group 2 - Hungary's Foreign Minister confirmed that preparations for the Budapest summit are still ongoing, with timing being the only uncertainty [7] - European leaders are actively discussing the situation, with calls for unity in addressing the Ukraine conflict and supporting diplomatic efforts [7][8] - The EU is planning to utilize frozen Russian assets to support Ukraine and is drafting a new proposal to end the conflict, which includes a ceasefire and prisoner exchanges [8]