Trump walks away from deal with North Korea’s Kim over sanctions demand
“U.S. President Donald Trump said on Thursday he had walked away from a nuclear deal at his summit with Kim Jong Un because of unacceptable demands from the North Korean leader to lift punishing U.S.-led sanctions.”
USAGOLD note: The U.S. also surprised Kim Jung Un with U.S. knowledge of previously unpublicized nuclear weapon facilities in North Korea. At first blush, it seems a considerably larger gap exists between the two parties than commonly understood before today’s developments. The financial markets will be concerned with the possibility of a return to the tense situation before the Singapore summit.