White House warns Kim talks with Trump will be OFF unless he 'denuclearizes' - but refuses to spell out in public what North Korean dictator must do to keep his promises

  • Trump accept Kim Jong-un's invitation to meet in May says a South Korea official
  • White House confirmed that talks would take place but did not specify time 
  • Neither South Korea's Chung nor the White House said where a meeting would take place
  • Trump tweeted after announcement that 'great progress being made' 
  • Kim has promised to freeze nuclear and ballistic missile tests until after talk 
  • U.S. Senator Lindsey Graham warned Kim on Thursday that 'it will be the end' of him if he tried to take advantage of Trump 
  • Announcement welcomed by leaders in Russia, China, UK and Australia 

The White House gave President Donald Trump a way out of his unprecedented meeting with North Korean dictator Kim Jong-un today.

Press Secretary Sarah Sanders said the face-to-face would only go ahead if North Korea took 'concrete and verifiable steps' to denuclearize.

She did not spell out what those measures are and who would play the role of enforcer in a news conference where she also refused to say where or when the expected meeting would take place. 

A readout of a call that Trump had with Chinese President Xi Jinping raised further suspicion that a meeting would materialize.

'The two leaders welcomed the prospect of dialogue between the United States and North Korea,' the White House's statement said.

The White House gave President Donald Trump a way out of his unprecedented meeting with North Korean dictator Kim Jong-un today. Press Secretary Sarah Sanders said the face-to-face would only go ahead if North Korea took 'concrete and verifiable steps' to denuclearize

The White House gave President Donald Trump a way out of his unprecedented meeting with North Korean dictator Kim Jong-un today. Press Secretary Sarah Sanders said the face-to-face would only go ahead if North Korea took 'concrete and verifiable steps' to denuclearize

From the beginning, the White House left the door open to a walk back, allowing the South Korean government to make the announcement that Trump had accepted Kim's invitation from a position in front of the West Wing where visiting lawmakers and organization heads routinely interact with press. 

Sanders sent out a statement within the hour that confirmed Trump's participation but did not affirm a two-month timeframe asserted by the South Korea government. She said the place and time of the meeting was still being worked out. 

A senior White House official who refused to be identified by name also skirted the details on a call with reporters.

'President Trump has agreed to accept an invitation to meet with Kim Jong-un in a matter of a couple of months,' the official said. 'And the exact timing and place is still to be determined.' 

South Korea's national security adviser Chung Eui-yong first announced the in-person meeting on Thursday evening at the White House and claimed it would take place by May. 

Governments around the world then welcomed the development, with praise coming from the UK, Russia and Australia.

Sanders said Friday at a news conference as she was asked to respond to warnings that Kim could be playing Trump that a meeting would only happen if the North Korean's denuclearize.

'Look, you have to remember, nothing is changing from the United States' position. We're going to continue the maximum pressure campaign,' she asserted. 'We're going to continue working with our allies and partners to do that, and we're going to continue to ask them to step up and do more. Nothing is changing from our side, when it comes to this conversation.'

South Korea's national security adviser Chung Eui-yong (C-L) meeting US President Donald J. Trump (C) at the White House in Washington, DC, USA, 08 March 2018

South Korea's national security adviser Chung Eui-yong (C-L) meeting US President Donald J. Trump (C) at the White House in Washington, DC, USA, 08 March 2018

South Korea's national security adviser Chung Eui-yong (L) met Trump (right) at the White House on Thursday

South Korea's national security adviser Chung Eui-yong (L) meeting US President Donald J. Trump (R) at the White House in Washington, DC, USA

Yesterday, Sanders similarly asserted in a statement that 'sanctions and maximum pressure must remain' in place while North Korea denuclearizes.

'President Trump greatly appreciates the nice words of the South Korean delegation and President Moon,' she said. 'He will accept the invitation to meet with Kim Jong Un at a place and time to be determined.' 

At her Friday afternoon press briefing, Sanders told a reporter who asked her to rule out 'downtown Pyongyang' as a location that 'we're not going to have those conversations between me and you and the press.'

'Those will be conversations that take place at a much higher level and certainly outside of this room,' she proclaimed.

U.S. Senator Lindsey Graham said in a statement on Thursday that if the past is precedent, Kim will be 'all talk and no action,' although the despot seems aware now that Trump 'will use military force if he has to.'

He also told Kim in a direct appeal that 'it will be the end' of him and his regime if he tries to take advantage of Trump. 

The senator reportedly had a call with Trump on Friday morning about North Korea.

'I think that Lindsey Graham knows that President Trump is one of the best negotiators. And certainly, I think that he has great confidence in his ability, and is glad that he'll be the one at the table for the United States,' Sanders replied at her briefing.

She jested, 'I think Senator Graham has been on the other side of that, and certainly knows the capabilities and the determination of President Trump.'

Sanders also batted down an assertion that Trump had accepted the invitation 'without preconditions' such as the release of the three Americans who are currently detained there.

'Let's be very clear: The United States has made zero concessions,' she said. 'And, again, this meeting won't take place without concrete actions that match the promises that have been made by North Korea.' 

President Donald Trump has accepted North Korean dictator Kim Jong-un's dramatic offer to meet, and he'll do it by May, a South Korean official said Thursday evening

President Donald Trump has accepted North Korean dictator Kim Jong-un's dramatic offer to meet, and he'll do it by May, a South Korean official said Thursday evening

Trump popped into the White House press briefing room on Thursday evening and told a small contingent of reporters who just happened to be present that an announcement was coming this evening

Trump popped into the White House press briefing room on Thursday evening and told a small contingent of reporters who just happened to be present that an announcement was coming this evening

Chung, the South Korean official who made the announcement on behalf of all three governments, led a delegation visiting North Korea earlier this week. The White House says the invitation to meet was presented to him directly by Kim.

The foreign official told American reporters that Kim understands and accepts the fact that joint U.S.-South Korean military exercises will continue and that he also made promises to halt nuclear and ballistic tests until the meeting with Trump takes place. 

A U.S. official said the stiff punishing actions on North Korea would also stay in place.  

'At this point we're not even talking about negotiations,' the official said of a plan to hold North Korea to its word that it would freeze its illicit nuclear and ballistic missile development programs. 'Obviously, verification goes hand in hand with any kind of acceptable deal for the permanent denuclearization of North Korea, and we will settle for nothing less than that outcome.' 

President Trump reiterated the point in a tweet that followed.

'Kim Jong Un talked about denuclearization with the South Korean Representatives, not just a freeze. Also, no missile testing by North Korea during this period of time. Great progress being made but sanctions will remain until an agreement is reached. Meeting being planned!' the U.S. president said.

Sanders firmly declared the meeting a no-go if verification did not take place prior to the face-to-face on Friday in a hardening of the U.S. position.

'We're not going to have this meeting take place until we see concrete actions that match the words and the rhetoric of North Korea,' the Trump spokeswoman stated. 

South Korea's national security adviser Chung Eui-yong told U.S. press that the goal of the face-to-face talk is to achieve permanent denuclearization on the Korean Peninsula

South Korea's national security adviser Chung Eui-yong told U.S. press that the goal of the face-to-face talk is to achieve permanent denuclearization on the Korean Peninsula

The planned meeting had drawn immediate praise from other nations, like the UK.

A spokesperson for the British government said, 'The UK welcomes the South Korean announcement that Kim Jong Un has made a renewed commitment to denuclearise and will refrain from further nuclear missile tests while dialogue continues.

'We welcome the announcement of direct talks with President Trump by May and (South Korean) President Moon Jae-in in April.

'We have always been clear that we want Kim Jong Un to change path and put the welfare of his people ahead of the illegal pursuit of nuclear weapons.

'We will continue to work closely with the US, South Korea and the international community to ensure that pressure on North Korea continues and sanctions are strictly enforced until Kim Jong Un matches his words with concrete actions. We will continue to monitor developments closely.'

Japan had also stressed this week that talks would be meaningless until North Korea takes 'concrete steps toward denuclearization.' 

The country's prime minister, Shinzo Abe, reaffirmed that position on Friday morning to reporters as he announced an April trip to Washington so that he can speak to Trump in person.

Russian Foreign Minister Sergey Lavrov welcomed the news, saying that Russia considers the move 'a step in the right direction.'

He went on to express hope that an agreement would be implemented because it is 'necessary for normalizing the situation around the Korean peninsula.'

Australia's former prime minister expressed surprise at how 'surprisingly good' Trump has been at foreign policy compared to his predecessors. 

Paul John Keating said the United States was directionless under the previous three administrations and Barack Obama blew an opportunity to reshape the world.

On Friday Keating said he had not expected Trump to have 'such a pragmatic' foreign policy on China and Russia, and he urged the U.S. president to continue down the path he was on.

Meanwhile, the foreign ministry in China - North Korea's key ally - said it hopes all parties to the will 'show their political courage' in restarting negotiations, and pledged its support in working toward that goal.

Spokesman Geng Shuang on Friday said China welcomes and supports the 'positive inter-Korean and U.S.-North Korea interactions.'

Geng told reporters at a regularly scheduled press briefing that China hope that all parties 'will continue to strive for the political resolution and lasting peace and stability on the peninsula.' 

Moving on: President Trump, pictured on Thursday, later tweeted about his decision

Moving on: President Trump, pictured on Thursday, later tweeted about his decision

Stiff punishing actions on North Korea will continue, despite the overture, the U.S. stressed

Stiff punishing actions on North Korea will continue, despite the overture, the U.S. stressed

News that Trump had agreed to meet Kim sent Asian stock markets surging and the yen tumbling.

It provided a springboard for Asian markets, with Seoul jumping 1.1 percent and Tokyo ending 0.5 percent higher.

Hong Kong added more than one percent, Sydney and Singapore each rose 0.3 percent, and Shanghai jumped 0.6 percent. Taipei, Manila, Wellington and Mumbai were also higher.

Hopes that the two men could reach some sort of agreement also led to a plunge in the yen, which is considered a go-to safe currency in times of volatility and uncertainty. The dollar jumped to its highest level in a week. 

'It's a big deal - there's no question this is a positive move,' Ian Bremmer, president of Eurasia Group, a political-risk research and consulting firm in New York, told Bloomberg TV.

'But also there is the possibility that it could go badly, that Trump could be embarrassed that they make an agreement that Kim Jong-un could backslide on.'

Bruce Klingner, former head of the CIA division for the Koreas, also warned Trump to beware of Kim's siren song.

'Washington has fretted that Seoul's acquiescence to North Korea's Olympic charm offensive conveyed legitimacy to the regime and risked undermining international resolve to maintain pressure. The U.S. counseled its ally to exercise caution and move forward cautiously and only after lengthy preparations,' said Klingner, a research fellow now at the Trump-aligned Heritage Foundation.

'The Trump administration should take its own advice before it is seduced by the same sirens' song,' he said in a statement. 

Market effect: A South Korean dealer works in front of monitors at the KEB Hana Bank in Seoul, South Korea

Market effect: A South Korean dealer works in front of monitors at the KEB Hana Bank in Seoul, South Korea

Going up: The benchmark South Korea Composite Stock Price Index (KOSPI) rose 26.37 points to 2,459.45, after the  announcement that the leaders of the US and North Korea will meet

Going up: The benchmark South Korea Composite Stock Price Index (KOSPI) rose 26.37 points to 2,459.45, after the announcement that the leaders of the US and North Korea will meet

The announcement on the White House lawn came hours after Secretary of State Rex Tillerson said the U.S. was 'a long way from negotiations' with the North. 

Speaking to reporters during a visit to the African nation of Djibouti, Tillerson said the turnaround was down to the president.

'That is a decision the president took himself. I spoke to him very early this morning about that decision and we had a very good conversation,' Tillerson said Friday. 'President Trump has said for some time that he was open to talks and he would willingly meet with Kim when conditions were right.

'And I think in the president's judgment that time has arrived now,' the top U.S. diplomat said.

Tillerson said the United States was surprised at how 'forward-leaning' Kim was in his conversations with a visiting South Korean delegation. He said it was the strongest indication to date of Kim's 'not just willingness but really his desire for talks.'

Peace move: Kim Jong Un held face to face talks with South Korea's delegation this week - and has passed a message to Trump offering to meet

Peace move: Kim Jong Un held face to face talks with South Korea's delegation this week - and has passed a message to Trump offering to meet

Chung had met Kim earlier in the week in Pyongyang, the dictator's capital. After relaying parts of his conversation to reporters in Seoul and appraising South Korean President Moon Jae-in of the situation, Chung flew to Washington.

At the White House on Thursday, Chung and other South Korean officials briefed the president and his national security adviser, H.R. McMaster, as well as Trump's chief of staff, John Kelly, his secretary of defense, James Mattis, the director of national intelligence, Dan Coats, and Vice President Mike Pence.

WHERE WILL THE SUMMIT BE? 

All that has been confirmed so far is that the meeting will take place by May.

If it happens in Pyongyang, Kim is sure to put on a spectacular show for his visitor, but for America it would run the risk of appearing that Trump is coming to pay his respects.

The Demilitarized Zone that divides the two Koreas - where Kim and South Korean President Moon Jae-in are to meet in late April - is probably the favorite at this stage, offering ease of access for both sides, a controlled environment, and facilities already in place.

It would also appeal to the two men's sense of drama.

A more neutral location with less weight of symbolism such as Beijing or Geneva - Kim was educated in Switzerland - would mean the key players would have to plan events with another host nation.

Furthermore, it would involve a journey on both sides, and Kim has not left the North since inheriting power from his father in 2011.

Seoul would most likely be unthinkable to Pyongyang. On the other hand, no one would have predicted three months ago that Kim's sister would visit the South Korean capital within weeks.

United Nations headquarters in New York - Trump's home town - would mean Kim stepping on American soil, but it has a long history of hosting a rogue gallery of world leaders.

Events have moved so far, so quickly and in such unforeseen ways that no option can immediately be ruled out.

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'I explained to President Trump that his leadership and his maximum pressure policy, together with international solidarity, brought us to this juncture. I expressed President Moon Jae-in's personal gratitude for President Trump's leadership,' Chung said at an outdoor briefing position that's typically used by lawmakers and organization heads who want to speak to the press after White House meetings. 

Chung says he relayed Kim's commitment to denuclearization. 

'Kim pledged that North Korea will refrain from any further nuclear or missile tests. He understands that the routine joint military exercises between the Republic of Korea and the United States must continue. And he expressed his eagerness to meet President Trump as soon as possible,' the South Korean official said.

'President Trump appreciated the briefing and said he would meet Kim Jong-un by May to achieve permanent denuclearization,' Chung said.

Trump had pre-empted Chung by saying that South Korea would making a major announcement this evening at 7pm EDT on North Korea.

The president popped into the White House press briefing room on Thursday evening at close of business and told a small contingent of reporters who just happened to be present that an announcement was coming. 

The U.S. president gave no indication of what would be declared but suggested with the surprise appearance that the news would be positive. 

According to CNN, an excited president turned to Jon Karl of ABC News saying, 'Hopefully, you will give me credit.' 

White House press officers scrambled to make good on Trump's pledge, waiting until just 30 minutes before the time of the announcement to say where it would take place and that the update from would come from Chung. 

South Korea's Moon later said the planned summit will be a 'historical milestone' that will put the denuclearization of the Korean Peninsula 'really on track.'

Moon in a statement read out by his spokesman on Friday also complimented Trump for accepting Kim's invitation for a summit, saying the American president's leadership will be praised 'not only by the residents of South and North Korea but every peace-loving person around the world.' 

Moon is also preparing for a summit with Kim at a border village between the Koreas in April. 

Talks are a 180 from Trump's complaint last fall that Tillerson, his secretary of state, was 'wasting his time' with diplomacy.

Tillerson had suggested that officials from the U.S. and North Korea sit down for talks without preconditions only to have the White House assert that a conversation would only take place if Kim agreed to abandon his nuclear weapons program.

Tensions began to thaw as the Winter Olympics approached. The games, held just across the border from Pyongyang in South Korea, provided an opportunity for the two Koreas to renew ties.

Earlier this week, Chung spent two days in the neighboring country that ended with a proffer to the U.S. to halt nuclear and missile testings and take up talks.

Trump said Tuesday that a 'very good dialogue' had opened up with North Korea as he cautiously approached Pyongyang's proposition.

He told reporters in the Oval Office that the conversations had yielded progress, striking an optimistic tone. 

'We're gonna see. We're gonna see,' he told a journalist asking about North Korea's commitment to ending its nuclear weapons program if it no longer felt threatened. 'They seem to be acting positively, but we're gonna see.'

President Donald Trump cautiously approached North Korea's offer to freeze its nuclear program while it holds a 'candid dialogue' with the United States on Tuesday

First, Trump sent out a tweet on Tuesday morning that said, 'We will see what happens!'

First, Trump sent out a tweet on Tuesday morning that said, 'We will see what happens!'

The U.S. president said he wants to take the 'proper' pathway, which he suggested was diplomatic talks, 'But we are prepared to go either way.' 

'And as I said, hopefully we'll go in the very, very peaceful, beautiful path. We're prepared to go whichever path is necessary,' he added. 'I think we're having very good dialogue, and you're gonna certainly find out very soon what's happening, but we have, we have made progress, there's no question about it.' 

That morning, Trump warned Kim, 'The U.S. is ready to go hard in either direction!'

The U.S. president said then that 'possible progress' toward talks had been made, but it could also be a 'false hope.'

On Saturday evening, Trump said that the North Koreans had reached out and his administration would be meeting with Kim's government.

'They, by the way, called up a couple of days ago and said, 'We would like to talk.' And I said, 'So would we, but you have to de-nuke, you have to de-nuke.' So, let's see what happens,' the president stated. 'But we will be meeting and we'll see if anything positive happens.'

A National Security Council spokesman did not respond to DailyMail.com's request for clarification, and a senior official would not tell reporters during a call on Tuesday afternoon if talks were already under way. 

Then he said that talks were 'possible' -- but they could also be a 'false hope' -- and the 'U.S. is ready to go hard in either direction'

Then he said that talks were 'possible' -- but they could also be a 'false hope' -- and the 'U.S. is ready to go hard in either direction'

Swedish Prime Minister Stefan Löfven offered Tuesday during a joint press conference with Trump at the White House to mediate talks with the North Koreans, if that is what Trump wants. 

His country maintains an embassy in Pyongyang and serves at the United States' protectorate there. 

Löfven said it's not up to Sweden to solve the dispute, however, he believes that the North Koreans trust his nation to act as arbiter.

'If the president decides, the key actors decide, if they want us to help out,' he said, 'we'll be there.'

Other potential meeting places were the Demilitarized Zone, or DMZ, between North and South Korea, in addition to Seoul, Beijing and Tokyo.

Trump also spoke to Chinese President Xi Xinping on Friday, the White House said. 

Complicating a conversation between Trump and Xi was the U.S. president's announcement on Thursday afternoon that he was slapping a 25 percent tariff on imported steel and a 10 percent penalty on imported aluminum in an aggressive bid to prevent Chinese dumping and boost American metal workers.

Big step: Kim Jong Un,pictured meeting South Korean National Security Director Chung Eui-yong, in Pyongyang, has said he is ready to discuss de-nuclearization with the U.S.

Big step: Kim Jong Un,pictured meeting South Korean National Security Director Chung Eui-yong, in Pyongyang, has said he is ready to discuss de-nuclearization with the U.S.

A week ago, Trump signaled his openness to a talk with Kim  -- if it took place 'under the right conditions.' 

'Otherwise, we're not talking,' Trump told United States governors.

He commented that Kim 'wants to talk, as of last night' and said 'we want to talk also.'

Trump went on to make a familiar complaint about his predecessors, blasting former President Bill Clinton and others for failing to keep North Korea in check.

'The Clinton administration spent billions and billions of dollars. They gave them billions. They built things for them. They went out of their way, and the day after the agreement was signed, they continued with nuclear research. It was horrible.'

Continuing, Trump said, 'The Bush administration did nothing — both. The Obama administration wanted to do something. He told me it's the single biggest problem that this country has. But they didn't do anything.

'And it would have been much easier, in those days, than it is now. I think most people understand that. But we've been very tough with them.'

Trump's administration has led an international charge to cripple North Korea's economy and bring Kim to his knees. The advance will not cease, the U.S. has said, until the rogue dictator abandons his nuclear ambitions.

At his White House news conference on Tuesday, Trump said he believes that the North Koreans are sincere in their offer to halt nuclear and missile tests if the United States sits down for talks.

'But I think they're sincere also because the sanctions,' he assessed. 'The sanctions have been very, very strong and very biting. And we don't want that to happen. So I really believe they are sincere. I hope they're sincere. We're going to soon find out.'

The Pyeongchang Games provided a long-awaited opening for the kind of detente that could lead to substantive talks between North Korea and South Korea, along with the United States and its allies.

The two Koreas marched under one flag at the opening ceremony of the games, and Kim sent his sister, Kim Yo Jong, to the South to head the North's delegation. 

A South Korean envoy lead by Chung returned Tuesday to Seoul from a meeting with Kim in Pyongyang where the North Koreans are said to have offered to halt nuclear tests for the time being if the United States agrees to talks.

Televisions being sold at an Onoden Co. electronics store display a broadcast of a news report on North Korea's Nov. 29 missile launch, showing footage captioned as the launch of the Hwasong-12 missile in September, in Tokyo, Japan

Televisions being sold at an Onoden Co. electronics store display a broadcast of a news report on North Korea's Nov. 29 missile launch, showing footage captioned as the launch of the Hwasong-12 missile in September, in Tokyo, Japan

North Korea also expressed its willingness during the two-day summit to put a total moratorium on its nuclear program if the South backs off from military behavior it perceives to be a threat. 

Chung said said that Kim promised not to use nuclear or conventional weapons against South Korea in the conversation where the two countries also agreed to open a hotline between their leaders 'to ease military tension and have close coordination' and meet for another round of talks in April. 

The next summit is expected to take place in Panmunjom. It will be only the third inter-Korean set of talks ever held and the first in more than a decade. 

The last time the rival countries held high-level talks was in 2007, when the North was under Kim's father's command. A summit in 2000 also took place while Kim Jong Il controlled the North. The elder Kim passed away in 2011, giving rise to Kim Jong-un's reign. 

Chung said Tuesday that the younger Kim, 34, said he wants to 'write a new history of national reunification' during a four-hour dinner this week in Pyongyang. 

Angela Merkel, the German chancellor, hailed the announced talks as a 'glimmer of hope.' 

'It would of course be wonderful if we could see an easing of tensions because... the nuclearization in North Korea has been a source of great concern for all of us,' she said.

Former NBA star Dennis Rodman, who has traveled several times to North Korea and is one of the few Americans to have met its leader, also praised Trump for his decision to hold talks.

Rodman told The Associated Press he looks forward to returning to the pariah nation for 'basketball diplomacy' in the coming months.

'Well done, President Trump. You're on the way to a historical meeting no U.S. president has ever done,' Rodman said.  

Other senior US politicians were also skeptical, with Republican Cory Gardner of Colorado saying the 'price of admission' for Trump and Kim's meeting must be 'complete, verifiable, and irreversible de-nuclerization of the Korean peninsula.'

Democrat Ed Markey of Massachusetts said Trump should treat it 'as the beginning of a long diplomatic process,' avoiding 'unscripted' remarks that could derail it.

Meanwhile, Republican Rep. Ed Royce of California, the House Foreign Affairs Committee chairman, credited Trump and said that North Korea's desire to talk shows that sanctions are 'starting to work.'    

Special guests: Kim Jong Un sits next to his wife Ri Sol-Ju, with his sister Kim Yo-Jong sat to the right of  one of the South Korean diplomats during a meal hosted by North Korea 

Special guests: Kim Jong Un sits next to his wife Ri Sol-Ju, with his sister Kim Yo-Jong sat to the right of  one of the South Korean diplomats during a meal hosted by North Korea 

North Korean leader Kim Jong Un meets members of the special delegation of South Korea's President in this photo released by North Korea's Korean Central News Agency

North Korean leader Kim Jong Un meets members of the special delegation of South Korea's President in this photo released by North Korea's Korean Central News Agency

As the Olympics unfolded in South Korea, it was the United States that had loudly warned the world that Kim was putting on a charm offensive. 

Pence, who led the U.S. delegation to the opening ceremony, urged the international community, and South Korea, not let up on the North until Kim fully capitulates when it comes to his building of nuclear weapons.

'The policy of the U.S. is the denuclearization of North Korea. The maximum pressure campaign is going to continue and intensify. All options are on the table,' a senior official said of Pence's message to Moon as he departed the peninsula. 

The vice president announced during the trip, and the United States followed up with, a rigorous set of sanctions that the Trump administration described as the largest and most aggressive to date.

Treasury blacklisted one person, 27 companies and 28 ships with the action it says was 'aimed at shutting down North Korea's illicit maritime smuggling activities to obtain oil and sell coal.' The sanctions hit entities in Taiwan, Hong Kong, China and Singapore and others.

Steve Mnuchin, the U.S. Treasury Secretary, said that nearly all of North Korea's shipping sector had now been targeted. The total number of sanctions steps since 2005 has now hit 45 - with almost half of the actions coming since Trump took office.

At a press conference later in the day, Trump said he'd make preparations for 'phase two' if the punishing actions are not successful, the outcome of which could be 'very, very unfortunate for the world.'

'But hopefully the sanctions will work,' he said during remarks at a joint White House press conference with the Australian prime minister. 

The North Korean dictator shakes hands with South Korea's national security director Chung Eui-yong as his sister looks on

The North Korean dictator shakes hands with South Korea's national security director Chung Eui-yong as his sister looks on

No insight: Independent journalists were not given access to cover the event depicted in this image distributed by the North Korean government 

No insight: Independent journalists were not given access to cover the event depicted in this image distributed by the North Korean government 

Envoys for South Korea led by President Moon's national security director, Chung Eui-yong, are on a rare two-day visit to Pyongyang that's expected to focus on how to ease a standoff over North Korea's nuclear ambitions and restart talks between Pyongyang and Washington

Envoys for South Korea led by President Moon's national security director, Chung Eui-yong, are on a rare two-day visit to Pyongyang that's expected to focus on how to ease a standoff over North Korea's nuclear ambitions and restart talks between Pyongyang and Washington

A senior administration official told reporters then, 'The president is clearly frustrated and rightly so over the efforts that have failed in the past and also over the uptick in testing and the advances we've seen in the North Korean program.' 

In his Tuesday morning tweets on North Korea, Trump said, 'Possible progress being made in talks with North Korea. For the first time in many years, a serious effort is being made by all parties concerned.

'The World is watching and waiting!' he added. 'May be false hope, but the U.S. is ready to go hard in either direction!'

His comment suggested that military action against North Korea is still in his back pocket, despite the decreased likelihood of a confrontation.

President Trump said Saturday evening during a roast at a dinner in Washington that's held off camera that he 'won't rule out direct talks' with Kim.

'As far as the risk of dealing with a madman is concerned, that's his problem, not mine,' he joked. 

Trump went on to say that Kim 'must be a fine man' and that his hardline against North Korea saved the Winter Olympics. 

'Without President Trump and his strong attitude they would have never called up and said, 'Hey, we'd love to be in the Olympics together,' ' he recalled South Korea's Moon as saying. 'It was heading for disaster and now we're talking.'

Diving off script in the 35-minute speech that was supposed to stay light and last approximately 10 minutes, Trump said, 'Maybe positive things are happening. I hope that's true, and I say that in all seriousness. 

'But we will be meeting, and we'll see if anything positive happens. It's been a long time,' he said. 'It's a problem that should have been fixed a long time ago.'

The insults Donald Trump and Kim Jong-un have hurled at each other:

President Donald Trump accepting an offer to meet with North Korean leader Kim Jong-un is a stunning turn of events after a year of heated verbal warfare that included crude insults and mutual threats of nuclear attacks.

While the move to hold a summit appears to be an effort to ease decades of animosity between the US and North Korea, it comes after months of the two leaders trading insults and Trump threatening to 'totally destroy' the country.

From Trump calling Kim a 'rocket man' and 'short and fat' to the US President being labeled 'mentally deranged' there has been no shortage of nasty insults between the leaders.

So ahead of the summit - for which a time and place is yet to be determined - here is a look at some of the more notable war of words between Trump and Kim so far. 

Short and fat:

Back in November last year, Trump hurled an insult at Kim during a trip to Vietnam calling him 'short and fat'.

'Why would Kim Jong-un insult me by calling me 'old,' when I would NEVER call him 'short and fat?' Oh well, I try so hard to be his friend - and maybe someday that will happen!' he tweeted.

He was retaliating after North Korean media had labeled Trump as an 'old lunatic'.

Rocket Man:

During his address to the UN General Assembly back in September, Trump said the US would 'totally destroy North Korea' if forced to defend itself or its allies.

He also referred to Kim as 'Rocket Man' during his speech.

'The United States has great strength and patience, but if it is forced to defend itself or its allies, we will have no choice but to totally destroy North Korea,' Trump said.

'Rocket man is on a suicide mission for himself and for his regime.'

Mentally deranged:

Kim hit back to the Rocket Man comments accusing Trump of 'mentally deranged behavior.'

He said he would 'surely and definitely tame the mentally deranged US dotard with fire'.

Trump responded on Twitter the following morning: 'Kim Jong Un of North Korea, who is obviously a madman who doesn't mind starving or killing his people, will be tested like never before!' 

Big button:

Kim said that he has a nuclear button on his desk in his New Year's address this year.

In the same speech, he also called for improved relations with South Korea and suggested sending a delegation to the Winter Olympics in Pyeongchang.

Trump quickly responded saying that he has a bigger and more powerful nuclear button.

'North Korean Leader Kim Jong Un just stated that the 'Nuclear Button is on his desk at all times.' Will someone from his depleted and food starved regime please inform him that I too have a Nuclear Button, but it is a much bigger & more powerful one than his, and my Button works!' he tweeted.

Fire and fury:

Ever since Trump was elected, the two leaders have traded barbs about threats of potential nuclear attacks.

After North Korea announced they had tested a series of missiles, Trump said the country had best not make more threats or 'they will be met with fire and fury like the world has never seen.'

North Korea hours later announces a plan to launch a salvo of missiles toward the US territory of Guam, a major military hub in the Pacific.

Other threats of nuclear attacks:

Kim said in his New Year's address in 2017 that preparations for launching an intercontinental ballistic missile had 'reached the final stage.'

A day later Trump, who was then president-elect, tweeted: 'North Korea just stated that it is in the final stages of developing a nuclear weapon capable of reaching parts of the US It won't happen!'

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