Trump and Kim to meet in February. The White House announced that U.S. President Donald Trump and North Korean leader Kim Jong Un will meet for a second time next month to discuss dismantling North Korea’s nuclear program. The news came after Trump and U.S. Secretary of State Mike Pompeo met with Pyongyang’s top nuclear negotiator in Washington. The talks are proceeding despite the fact that North Korea has not fully and verifiably dismantled its nuclear program – something we don’t expect Pyongyang to do, as we said in our 2019 forecast. Instead, the U.S. will adopt a policy of containment. Meanwhile, South Korea’s lead nuclear negotiator is headed to Sweden for talks with North Korean officials, and Pyongyang’s top representative for Russian relations is in China, presumably en route to Russia.
China makes the first move. With about six weeks left before U.S. tariffs are set to increase again, China has reportedly offered to increase imports from the United States by $