DONALD Trump has this afternoon dramatically scrapped his G20 meeting with Vladimir Putin to punish the Russian leader for refusing to release seized Ukrainian sailors.
Tweeting while on his way to the G20 summit, Trump called off the much-heralded crisis talks amid the increasing tensions on the troubled Crimean peninsula.
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He wrote: "Based on the fact that the ships and sailors have not been returned to Ukraine from Russia, I have decided it would be best for all parties concerned to cancel my previously scheduled meeting in Argentina with President Vladimir Putin.
"I look forward to a meaningful Summit again as soon as this situation is resolved."
The shock news comes just hours after a Russian official said the two leaders would meet to discuss ways to break diplomatic deadlocks over Syria, Iran and North Korea.
However, the Kremlin insider did not mention Russia's latest clash with the Ukraine which has put the Crimea on a war footing.
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The one-on-one was scheduled for Saturday afternoon in Argentina, revealed Reuters citing "Kremlin documents".
The showdown - at the Park Hyatt hotel in Buenos Aires - had not been publicly confirmed by the White House before today's cancellations.
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Trump had cast earlier doubt over the meeting after Russian forces opened fire on three Ukrainian ships in the Sea of Azov seizing 24 sailors.
He had said his decision to meet with Putin would be “very determinative” on a report he receives from his team.