Trump plans Kim Jong Un meeting
Analysis based on 47 articles · First reported Aug 17, 2026 · Last updated Aug 22, 2026
The announcement could reduce geopolitical risk in East Asia, potentially benefiting South Korean and Japanese equities and lowering defense spending expectations. However, uncertainty over the meeting's outcome and North Korea's nuclear arsenal may keep regional markets cautious.
US President Donald Trump announced on Wednesday that he plans to meet North Korean leader Kim Jong Un later this year, seeking to revive their first-term relationship. Trump stated that North Korea possesses 57 'very powerful' nuclear weapons, an unusually specific assessment. He also ordered the Pentagon to scale back joint military exercises with South Korea, calling them 'hostile' and 'insulting' to Kim. Kim Yo Jong, Kim's sister, said she was 'completely unaware' of any recent communication between the leaders but described their relationship as 'excellent.' The Wall Street Journal reported that Trump is eyeing a meeting during the APEC summit in China in November. The announcement comes amid Trump's ongoing war with Iran, which he justifies by preventing Tehran from obtaining a nuclear weapon. Trump and Kim met three times during Trump's first term, but those summits produced few tangible results on denuclearization. North Korea has not formally responded to Trump's remarks.
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