The Sunday Times of London reported that Trump had told British officials that such a summit was being planned, possibly to be staged in the Icelandic capital of Reykjavik.

"The story is a fantasy," one Trump aide told Reuters, speaking on condition of anonymity. Another said the report was not true.

Donald Trump and his advisers have told British officials their administration's first foreign trip will be a meeting with Russia's Vladimir Putin in the capital of Iceland, the Sunday Times reported, citing an unidentified source, a move that is certain to unleash even more domestic and foreign criticism of Trump's alleged proximity to the Russian leader.

According to The Sunday Times, Trump hopes to conduct the Putin "summit" within weeks of his January 20 inauguration in the Reykjavik, "emulating Ronald Reagan's Cold War deal-making in Reykjavik with Mikhail Gorbachev."