March 7: After visiting Kim in Pyongyang, South Korean presidential national security director Chung Eui-yong says Kim is willing to discuss the fate of his nuclear arsenal with the United States and has expressed a readiness to suspend nuclear and missile tests during such talks.
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.
"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".
In a briefing with reporters, Sarah Sanders, Trump's spokeswoman, said the USA president "will accept the invitation to meet with Kim Jong-un at a place and time to be determined".
"If, with this news, the tension with North Korea is easing, it's something that is, maybe not headwinds, but a mild breeze against gold", said Norbert Rücker, head of commodity research at Julius Baer in Zurich.
Last year, the mercurial Trump said he would be "honored" to meet Kim - who he has characterized as both "madman" and "smart cookie".
In a post on Twitter early on Friday, Trump wrote, "Meeting being planned!"
Negotiations for when and where the summit will take place were underway, she said.
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They were joined late Friday by five other members of Congress, led by Wisconsin Republican Mike Gallagher. Qualcomm included the letter in a filing Monday with the U.S.
Trump and Kim prompted jitters around the world past year as they exchanged bellicose insults over the North's attempts to develop a nuclear weapon capable of hitting the USA, which it has pursued in defiance of UN Security Council resolutions.
The North Korean dictator offered the concessions after suffering sever economic sanctions by the USA and allies, including China, that the administration calls a "maximum pressure campaign".
A White House official said Trump remained committed to a meeting with Kim based on the conditions laid out by South Korea on Thursday: that Kim is committed to denuclearization, will refrain from any further nuclear or missile tests, and understands that U.S.
However, analysts feel that domestic markets have largely discounted global cues, but added that the uncertainty around the tariff on steel and aluminium imports proposed by Trump could have a short-term impact on steel companies.
But analysts were damning, saying a US-North Korea summit was a win for Kim.
Before the White House began setting out conditions for the talks, China and Russian Federation welcomed the prospect of a summit.
"I said it back in 2014 that doors will open".
"Let's be very clear", said Mrs. Sanders, "the United States has made zero concessions".
The South Koreans said the talks could take place as soon as May; Tillerson said it would take "some weeks" to agree on the timing and the location of the meeting. "In the meantime, all sanctions and maximum pressure must remain".