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CFDs are complex instruments. 70% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

Trump and N.Korea's Kim resume talks on second day of summit

US president Donald Trump and North Korean leader Kim Jong Un have entered into the second day of talks at the Hanoi Summit, with relations between the two strengthening.

Trump Kim Jung Un at second summit Source: Bloomberg
Donald Trump Korean War North Korea Kim Jong-un South Korea

In the second day of the second meeting between the two leaders, the pressure is on for a denuclearisation deal, but Trump has said he’s in ‘’no rush’’. The US president has instead told the media on Thursday that his relationship with Kim has been strengthening.

No sign of progress on denuclearisation deal

It comes after Trump and Kim had their first brief round of talks and dinner on Wednesday, with both appearing upbeat. Trump said on Wednesday he was satisfied with the pace of negotiations.

‘I’ve been saying very much from the beginning that speed is not that important to me. I very much appreciate no testing of nuclear rockets, missiles, any of it, very much appreciate it,’ Trump told reporters at the dinner on Wednesday.

Kim, asked by a reporter if he was confident about a deal, and replied, ‘It's too early to tell, but I wouldn't say I'm pessimistic. For what I feel right now, I do have a feeling that good results will come out,’ he said.

The two leaders have a series of meetings scheduled at the Metropole, beginning with a one-on-one session lasting 45 minutes, the White House said.

A joint agreement signing ceremony

After a "joint agreement signing ceremony" Trump will address the media at 3:50 p.m. (0850 GMT) at a news conference.

However, the details of the mystery signing ceremony are still unclear, with the White House only revealing the possibility of a political statement declaring the end of the 1950-53 Korean war.

At their first meeting in June in Singapore, a joint statement was produced in which Kim pledged to work toward denuclearisation of the Korean peninsula, with the two sides committing to building permanent peace regimes.

US Intelligence officials believe there’s still no sign North Korea will give up its entire arsenal of nuclear weapons, with analysts saying Pyongyang is unlikely to commit to significant steps without an easing of punishing US-led sanctions.


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