North Korea has held historic peace talks with South Korea this week but today Donald Trump poured cold water on hopes of a successful denuclearisation or reunification of the peninsula.
The US president said there was “possible progress” but warned the talks, which were attended by Kim and his wife and sister, could be “false hope”.
He said the talks, which excluded US negotiators, were being watched by the entire world but urged caution and sensible expectations.
Mr Trump tweeted this afternoon: “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! May be false hope, but the US is ready to go hard in either direction!”
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There was no immediate response from Pyongyang.
North and South Korea are expected to hold their first official summit in more than a decade next month at the border village of Panmunjom.
Seoul delegate Chung Eui-yong said of last night’s meeting: “North Korea made clear its willingness to denuclearise the Korean peninsula and the fact there is no reason for it to have a nuclear programme if military threats against the North are resolved and its regime is secure.
“The North also said it can have frank talks with the United States on denuclearisation and the normalisation of ties between North Korea and the United States.”
North and South Korea are experiencing a significant easing in tensions since the Winter Olympics in the South last month, even though they are technically still at war.
To ensure close communication, the two Koreas, whose 1950-53 conflict ended in a truce rather than a peace treaty, will set up a hotline between South Korean President Moon Jae-in and Kim Jong Un, Chung said.
The prospect of talks between the isolated North and the United States helped boost global stock markets, with the broadest gauge of global shares, MSCI’s All Country World Index , rising 0.7 percent and Wall Street stocks opening higher.