Nuclear risk-taker Trump gambles all in talks with Kim

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But in characteristically bullish tweets, Trump said everyone "can now feel much safer than the day I took office" and people could "sleep well tonight!"

Trump hailed the summit in Singapore with Kim, in which the the North Korean leader agreed to work towards denuclearizing his country, although their agreement did not say how this would be done.

"We welcome the negotiations of chairman of the State Affairs Commission of North Korea Kim Jong-un and US President Donald Trump", the Ministry said in a statement. The likelihood of Trump launching a first strike against North Korea, thus setting South Korea, where more than 100,000 Americans live and/or work, ablaze and risking a strike against population centers in the USA, was similarly low.

FILE PHOTO: People watch from a shopping mall food court in the Los Angeles neighborhood of Koreatown as Singapore hosted a summit between U.S. President Donald Trump and North Korean leader Kim Jong Un, in Los Angeles, California, U.S., June 11, 2018.

But like everyone else, military chiefs in South Korea were caught off-guard by Trump's unilateral declaration of an end to joint exercises, which is likely to embolden conservatives calling for Seoul to develop nuclear weapons of its own.

To China, the agreement sounded like one they had been pushing all along, a "suspension for suspension", where the USA stops military drills with South Korea in exchange for North Korea halting missile and nuclear tests.

"The nuclear threat from North Korea today is exactly the same as what it was several weeks ago", Einhorn said. "We overcame all kinds of scepticism and speculations about this summit and I believe that this is good for the peace", he said.

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Trump, seemingly unprompted, has long wanted to withdraw the US from South Korea, and now he may have found a reason.

President Trump is expected to meet separately with Singapore Prime Minister Lee Hsien Loong on Monday. -South Korea military exercises could be put back on if talks with Pyongyang do not progress. He told reporters on tarmac upon landing that it had been a "great three days".

It's reflective of a broader theme on the KOSPI index, with other South Korean construction companies (such as Hyundai Cement, up more than 300%) also posting strong gains in recent months. Trump's total sidelining of North Korea's infamous human rights abuses has also caused concern.

The Republican chairman of the U.S. Senate Foreign Relations Committee, Bob Corker, said it was hard to assess what had happened at the summit.

Without drills, the USA forces in South Korea will wither, and if peace talks continue, the very rationale for them will erode as well. -South Korea joint military exercises that take place every year. A flurry of media coverage the day Kim arrived in Singapore showed him waving from the door of the specially chartered Air China flight that brought him from Pyongyang. He said he planned to continue sharing the view with Washington and Seoul.

The recently signed statement does not specify a timeline or verification procedures to ensure that North Korea actually abandons its nuclear program.

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