Trump walks away from deal with North Korea’s Kim over sanctions demand

Reuters/Jeff Mason and Josh Smith/2-28-2019

“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.

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