*By Alisha Haridasani*
Kim Jung-un's willingness to tone down his rhetoric and reconsider a meeting with President Trump is a result of the president's “good negotiating,” a Republican spokesperson said.
A day after Trump [cancelled](https://cheddar.com/videos/trump-cancels-north-korea-summit-leaving-its-fate-in-kim-jong-uns-hands) his planned summit with the North Korean leader, Kim said Friday he was ready to come back to the table “at any time.”
Trump applauded Kim’s openness, and the president told reporters that U.S. officials were still talking with the North Koreans.
“That’s what good negotiating looks like,” said the Republican National Committee spokeswoman Kayleigh McEnany. “President Trump knows when to walk away.”
Trump’s decided to cancel the June meeting in Singapore after North Korean officials threatened to pull the plug on the meeting themselves in response to seemingly threatening comments from Vice President Mike Pence about regime change.
North Korea's unpredictability is not new, but the recent changes of directions are different, McEnany said, noting there have been tangible results from talks with Pyongyang. The North Koreans appear willing to still consider talks, they released three American hostages, and they destroyed their nuclear test site on Thursday.
“These are acts of good will, indications of seriousness,” she said.
“In the least, we are going to walk out of this with three free Americans,” said McEnany. “That’s a very good thing and more than past presidents have gotten.”
For the full interview, [click here](https://cheddar.com/videos/rnc-stands-by-michael-cohen-despite-ongoing-investigation).
A resurgent Joe Biden scored sweeping victories across the country with the backing of a diverse coalition and progressive rival Bernie Sanders seized Super Tuesday’s biggest prize with a win in California as the Democratic Party’s once-crowded presidential field suddenly transformed into a two-man contest.
The Dow Jones Industrial Average dropped 785 points and bond prices surged after an emergency interest-rate cut by the Federal Reserve failed to reassure markets racked by worries that a fast-spreading virus outbreak could lead to a recession.
HotelPlanner CEO Tim Hentschel told Cheddar that the travel industry is taking the worst hit it has seen in nearly two decades thanks to the coronavirus outbreak paralyzing multiple countries.
Stocks are whipping up and down after the Federal Reserve swooped into the market with an emergency rate cut in hopes of shielding the economy from the effects of the fast-spreading virus. Tuesday's surprise move gave stocks a strong, brief boost, but it took just 15 minutes for the gains to evaporate.
Chairman Jerome Powell said at a news conference that the virus “will surely weigh on economic activity both here and abroad for some time.” It was the Fed's first rate cut since last year, when it reduced its key short-term rate three times.
The Federal Reserve will cut interest rates by a half-percentage point in its first emergency rate cut since the Great Recession in response to the spreading coronavirus.
These are the headlines you Need 2 Know for Tuesday, March 3, 2020.
Dow Jones skyrockets on hopes central banks protect the economy from the coronavirus outbreak.
Anthony Scaramucci, the founder of SkyBridge Capital and former White House communications director, has an optimistic view of the markets going forward despite the headwinds of the COVID-19 outbreak and President Trump's handling of the health crisis.
Amy Klobuchar is ending her Democratic presidential campaign, plans to endorse Joe Biden.
