*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
Federal Reserve cuts key rate by quarter-point, signals two more cuts
The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market. The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Fed officials, led by Chair Jerome Powell, had kept their rate unchanged this year as they evaluated the impact of tariffs, tighter immigration enforcement, and other Trump administration policies on inflation and the economy. The only dissenter was Stephen Miran, the recent Trump-appointee.
Albania’s prime minister appoints an AI-generated ‘minister’ to tackle corruption
Albania's Prime Minister Edi Rama says his new Cabinet will include an artificial intelligence “minister” in charge of fighting corruption. The AI, named Diella, will oversee public funding projects and combat corruption in public tenders. Diella was launched earlier this year as a virtual assistant on the government's public service platform. Corruption has been a persistent issue in Albania since 1990. Rama's Socialist Party won a fourth consecutive term in May. It aims to deliver EU membership for Albania in five years, but the opposition Democratic Party remains skeptical.
Trump admin requests emergency ruling to remove Cook from Fed board
The Trump administration has asked an appeals court to remove Lisa Cook from the Federal Reserve’s board of governors by Monday, before the central bank’s next vote on interest rates. Trump sought to fire Cook Aug. 25, but a federal judge ruled late Tuesday that the removal was illegal and reinstated her to the Fed’s board.
Trump administration appeals ruling blocking firing of Fed Governor
President Donald Trump's administration is appealing a ruling blocking him from immediately firing Federal Reserve Gov. Lisa Cook as he seeks more control over the traditionally independent board. The notice of appeal was filed Wednesday, hours after U.S. District Judge Jia Cobb handed down the ruling. The White House insists the Republican president had the right to fire Cook over mortgage fraud allegations involving properties in Michigan and Georgia from before she joined the Fed. Cook's lawsuit denies the allegations and says the firing was unlawful. The case could soon reach the Supreme Court, which has allowed Trump to fire members of other independent agencies but suggested that power has limitations at the Fed.
Al Sharpton to lead pro-DEI march through Wall Street
The Rev. Al Sharpton is set to lead a protest march on Wall Street to urge corporate America to resist the Trump administration’s campaign to roll back diversity, equity and inclusion initiatives. The New York civil rights leader will join clergy, labor and community leaders Thursday in a demonstration through Manhattan’s Financial District that’s timed with the anniversary of the Civil Rights-era March on Washington in 1963. Sharpton called DEI the “civil rights fight of our generation." He and other Black leaders have called for boycotting American retailers that scaled backed policies and programs aimed at bolstering diversity and reducing discrimination in their ranks.
Load More