WASHINGTON -- US President Donald Trump said Thursday he will meet with Russian President Vladimir Putin in Budapest, Hungary, for talks aimed at ending the Russia-Ukraine conflict, following a phone conversation between the two leaders.

"I have just concluded my telephone conversation with President Vladimir Putin, of Russia, and it was a very productive one," said Trump on Truth Social.

"We also spent a great deal of time talking about Trade between Russia and the United States when the War with Ukraine is over," he said.

"I believe great progress was made with today's telephone conversation," he added.