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Trump to Find Out If Bet on Kim Will Pay Off in Historic Summit

  • U.S., North Korean leaders to speak privately as meeting opens
  • Trump expects to know North Korean’s intent in ‘first minute’
Bloomberg business news
What's at Stake in Trump-Kim Historic Summit in Singapore

President Donald Trump is about to see whether his bet on North Korea will pay off: that Kim Jong Un’s desire to end his country’s economic strangulation and pariah status will prevail over the dictator’s fear of relinquishing his nuclear threat.

Trump and Kim have yet to agree even on how to define denuclearization of the Korean peninsula -- the stated goal of the meeting. The president wants the complete, verifiable and irreversible dismantling of his nuclear weapons program. North Korea is seeking a security guarantee -- possibly including a peace treaty formally ending the Korean War -- and the removal of the U.S.’s nuclear umbrella protecting allies South Korea and Japan.