*By Kavitha Shastry* President Trump and the North Korean leader Kim Jong-un signed a joint statement Tuesday that calls for North Korea "to work toward complete denuclearization of the Korean Peninsula. " The two heads of state agreed to the statement after a meeting in Singapore, where Trump and Kim greeted each other with a handshake in front a wall of red, white, and blue flags representing both countries. It was the first time a sitting U.S. president had met a North Korean leader. Their four-hour meeting included only translators to facilitate the conversation ー no advisors. After the meeting, Trump told reporters that he was suspending U.S. military exercises with South Korea, and he was confident that Kim would live up to his commitment to dismantle North Korea's nuclear arsenal "very quickly." Marc Lotter, a former aide to Trump and Vice President Mike Pence, called the apparent agreement a "remarkable transformation" of relations between the two countries. "I'll tell you, a little over a year ago, I was on Air Force Two with the Vice President, heading to Asia, when North Korea launched and tested a ballistic missile," Lotter said Tuesday in an interview with Cheddar's J.D. Durkin. "We were in the air at the time. And now to come a year later, 14 months, and see where we're standing, this is a remarkable transition, it's a remarkable transformation." The joint statement, which Trump described as "very comprehensive," called for follow-up negotiations between Secretary of State Mike Pompeo and a North Korean official to begin "at the earliest possible date," but there was no specific timeline. The statement signed in Singapore sets the stage for what's expected to be a long negotiation. Trump's comment to reporters after the summit meeting that the U.S. would [cease military drills](https://qz.com/1303123/trump-gave-north-korea-a-huge-concession-by-committing-to-cease-military-drills-with-south-korea/) with South Korea seemed to be a significant concession not specified in the joint statement. “We will be stopping the war games, which will save us a tremendous amount of money, unless and until we see that the future negotiation is not going along like it should,” Trump said. “But we’ll be saving a tremendous amount of money. Plus I think it’s very provocative.” Trump also said that the process of denuclearization in North Korea would be a prolonged process. "Well, you know, scientifically, I've been watching and reading a lot about this, and it does take a long time, you know, to pull off complete denuclearization," he said. Barbara Demick, a reporter for the Los Angeles Times, said in an interview Monday with Cheddar, that the process could take 15 years. "I don't think the U.S. trusts North Korea at this stage," she said. "I know North Korea does not trust the United States. So it will have to be part of a process." Already, the process of engagement between the U.S. and North Korea has taken a sharp turn from a year ago, when a series of missile tests by North Korea threatened to escalate hostilities, and Trump issued ultimatums to Kim on Twitter, calling him "Little Rocket Man." After Tuesday's summit, Trump described the meeting as "fantastic," and said that Kim has accepted an invitation to the White House, "at an appropriate time". When asked how the U.S. could ensure that North Korea would dismantle its nuclear weapons, [he responded:](https://www.theguardian.com/us-news/2018/jun/12/us-to-suspend-war-games-with-south-korea-donald-trump-kim-jong-un-north-summit) “Can you ensure anything? You can’t ensure anything. I just feel very strongly -- my instincts, my ability, my talent -- that they want to make a deal.” Trump also [recounted an exchange](https://www.nytimes.com/2018/06/11/world/asia/trump-kim-live-updates.html) he had with Kim in which he used his real estate background to convince the North Korean leader of the benefits of normalized relations. “As an example, they have great beaches," Trump said. "You see that whenever they’re exploding their cannons into the ocean. I said, ‘Boy look at that view. Wouldn’t that make a great condo?’” “You could have the best hotels in the world right there,” Trump said. For full interview, [click here](https://cheddar.com/videos/fmr-special-assistant-to-president-trump-says-north-korea-summit-lays-the-blueprint-for-better-relations).

Share:
More In Politics
The Affordable Care Act's 'Family Glitch,' Explained
Krutika Amin, associate director at the Kaiser Family Foundation for the Program on the Affordable Care Act, joins Cheddar Politics to discuss the Biden administration's plan to fix the so-called 'family glitch' in the Affordable Care Act preventing millions of Americans from accessing government-subsidized health plan.
House Votes to Hold Scavino, Navarro in Contempt
Abdallah Fayyad, opinion writer at the Boston Globe, joins Cheddar Politics to discuss the House's vote to hold former Trump aides Dan Scavino and Peter Navarro in contempt of Congress and send the recommendation to the Department of Justice. Fayyad also weighs in on the pressure facing Attorney General Merrick Garland to be more aggressive in prosecuting the January 6 case.
Biden Administration Extends Student Loan Pause to August
Those paying back federal student loans are getting a few extra months of relief. President Biden just announced another extension of the pandemic relief program allowing millions of borrowers to freeze their student loan payments. The pause began in March 2020 and it has been extended six times. Tomas Campos, co-founder and CEO of Spinwheel, joins Cheddar News to discuss.
Doctors, Medical Experts Divided on Second COVID-19 Booster
There has been notable disagreement in the medical community about a fourth COVID-19 vaccine dose. The FDA last week authorized a second booster dose for older and immunocompromised individuals, as some agency officials did not support the idea. The FDA made the decision without meeting with its advisory committee, as it had ahead of its recommendations on the previous COVID-19 vaccine doses. The CDC followed in the footsteps of the FDA and authorized a fourth dose as well. Reports say the agency also did not discuss the move with its own advisory team of vaccine experts. Now, a growing number of doctors are speaking out against the decisions - leaving people confused about whether they should get another vaccine dose. Dr. Julie Morita, a member of the CDC's advisory committee to the director, and the executive vice president of the Robert Wood Johnson Foundation, joins Cheddar News' Closing Bell to discuss.
JetBlue Bids on Spirit, Jeopardizing Frontier Deal
JetBlue made an unsolicited offer to buy low-cost carrier Spirit Airlines, potentially jeopardizing the original offer from Frontier Airlines. Several analysts sounding the alarm on JetBlue's proposed $3.6 billion merger, saying the deal doesn't quite make sense. Jim Corridore, Senior Insights Manager at Similarweb joined Cheddar's Opening Bell to discuss.
Biden Admin Latest Federal Student Loan Extension Adds to Borrower Uncertainty
The Biden administration is once again extending the pause on federal student loans payments — this time, through the end of August. In a statement, President Biden cited a recent analysis from the Fed that if the payments were to resume, millions of student loan borrowers would face significant "economic hardship, delinquencies, and defaults that could threaten America's financial stability." Sarah Foster, an analyst at Bankrate, breaks down the impact of the extension on borrowers, the economy, and the future of student loan forgiveness. "I think this is just an instance of the federal student loan forbearance program kind of creating additional uncertainty for borrowers, especially in the sense that these past four extensions from the Biden administration have kind of come at the 11th hour here," she said.
Load More