Trump's Condition For Kim Meeting Is No Nuclear, Missile Test: Mnuchin

By Kitco News / March 11, 2018 / www.kitco.com / Article Link

WASHINGTON (Reuters) - U.S. President Donald Trump’s condition for meeting North Korean leader Kim Jong-un is that there be no nuclear or missile testing, Treasury Secretary Steve Mnuchin said on Sunday.

“There shouldn’t be confusion,” Mnuchin told NBC’s “Meet the Press” program, when asked about White House press secretary Sarah Sanders’ statement on Friday that there would be no meeting without concrete and verifiable actions by North Korea.

“The president has made it clear that the conditions are that there’s no nuclear testing and there’s no missiles and those will be a condition through the meeting.”

After months of escalating tensions over North Korea’s advancing nuclear and missile programs, Trump decided on Thursday to become the first sitting U.S. president to meet with North Korea’s leader.

On Saturday, Trump said his meeting could fizzle without an agreement or it could result in “the greatest deal for the world” with a denuclearization of the Korean peninsula.

Mnuchin dismissed criticism that Trump’s decision to meet elevates the North Korean leader’s international standing. He said the Republican president has also been criticized for not using more diplomacy to contain Pyongyang’s nuclear ambitions.

“Now we have a situation where the president is using diplomacy but we’re not removing the maximum pressure campaign,” Mnuchin said. “That’s the big difference here. The sanctions are staying on. The defense posture is staying the same as it is, so the president is going to sit down and see if he can cut a deal.”

Mnuchin said denuclearization of the peninsula is the objective of a meeting between the two leaders.

“We’ve been very clear ... that’s the objective and that’s what we’re going to accomplish,” he said.

He said he was confident the meeting would take place.

Reporting by Doina Chiacu; Editing by Jeffrey Benkoe

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Recent News

Major investment banks make major gold price upgrades

April 15, 2024 / www.canadianminingreport.com

Gold stocks near flat as equities dip

April 15, 2024 / www.canadianminingreport.com

Revenue estimates for gold stocks have remained relatively flat

April 08, 2024 / www.canadianminingreport.com

Gold stock valuations remain low even after price surge

April 08, 2024 / www.canadianminingreport.com

Gold stock to global money supply far from bubble territory

April 01, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok