The President will call in senior cabinet officials Marco Rubio and Pete Hegseth to mull over canning Biden-approved aid to Volodymyr Zelensky's forces - just days after an all-too-public spat with the Ukrainian premier in the Oval Office.
The Trump team is said to be divided on how to handle Ukraine following the exchange.
Some advisers, Bloomberg reported, had taken "extreme positions" against Zelensky and Ukraine, while others expect him to resign after a peace deal is reached - a key Russian request.
Trump is also reported to have told Sir Keir Starmer and Emmanuel Macron that he wants to see Europe's plan on how to stop the fighting in Ukraine.
Macron has said that France and Britain together are proposing a partial one-month truce between Russia and Ukraine, which would cover air, sea and energy infrastructure attacks but not include ground fighting.
Under the Franco-British proposal, European ground troops would only be deployed to Ukraine in a second phase, Macron added, though Downing Street has since tried to distance itself from his remarks.