|

US Republicans urge Trump to show resolve, caution - Reuters

As reported by Reuters, US leading Republicans are stressing the need for caution and steeled resolve in future talks.

Key quotes

"They widely praised Trump for taking the bold step of sitting down to talk with Kim, but voiced concern about the vagueness of the agreement that resulted and the president’s lavish praise for the North Korean leader.

“It’s important that we don’t lose sight of the fact that Kim Jong Un is a butcher and he’s a butcher of his own people,” Republican Senator John Kennedy told reporters. “Trying to reason with someone like that is like trying to hand-feed a shark. It doesn’t mean that you can’t do it, but you’ve got to do it very, very carefully,” he said.

“It is just hard to determine what of concrete nature has occurred,” Senator Bob Corker, the Republican chairman of the Senate Foreign Relations Committee, told Reuters. “We must always be clear that we are dealing with a brutal regime with a long history of deceit. Only time will tell if North Korea is serious this time, and in the meantime we must continue to apply maximum economic pressure,” House Speaker Paul Ryan, the top Republican in Congress, said in a statement."

Author

Joshua Gibson

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.

More from Joshua Gibson
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD flatlines below 1.1800 amid trading lull, awaits Fed Minutes

EUR/USD trades around a flatline below 1.1800 in European trading on Tuesday. The pair lacks any trading impetus as the US Dollar moves little amid market caution ahead of the Fed's December Meeting Minutes release, which could offer insights into the Federal Reserve’s 2026 outlook.

GBP/USD retakes 1.3500 despite the year-end grind

GBP/USD finds fresh demand and retakes 1.3500 on Tuesday as markets grind through the last trading week of the year. Despite the latest uptick, the pair is unlikely to see further progress due to the year-end holiday volumes.

Gold holds the bounce on Fed rate cut bets, safe-haven flows

Gold holds the rebound near $4,350 in the European trading hours on Tuesday. The precious metal recovers some lost ground after falling 4.5% in the previous session, which was Gold's largest single-day loss since October. Increased margin requirements on gold and silver futures by the Chicago Mercantile Exchange Group, one of the world’s largest trading floors for commodities, prompted widespread profit-taking and portfolio rebalancing.

Tron steadies as Justin Sun invests $18 million in Tron Inc.

Tron (TRX) trades above $0.2800 at press time on Monday, hovering below the 50-day Exponential Moving Average (EMA) at $0.2859.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).