Trump plays down odds of quick success with North Korea - Reuters

Joshua Gibson FXStreet

As reported by Reuters, US President Donald Trump downplayed the chances of reaching a quick resolution with North Korea in the upcoming off-and-on meeting between Trump and North Korea's Kim Jong Un.

U.S. President Donald Trump on Thursday played down the chances of a quick deal in getting North Korea to abandon its nuclear arms as a delegation from Pyongyang headed to meet him with a letter from North Korean leader Kim Jong Un, suggesting a proposed summit may be back on.

Trump told Reuters he was still hoping for an unprecedented meeting with Kim on June 12 in Singapore to push for North Korean “denuclearization,” but North Korea’s leader said his position on that central issue had not changed.

In Pyongyang, Kim gave no indication of any shift on denuclearization, saying his country’s will to see it realized on the Korean peninsula remained “unchanged, consistent and fixed,” and that he hoped North Korea-U.S. relations and denuclearization of the peninsula would both be solved on a “stage-by-stage” basis.

- Reuters

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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