• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less

1

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
Politics

Trump Walks Out of Kim Meeting Over Sanctions

By
Margaret Talev
Margaret Talev
,
Youkyung Lee
Youkyung Lee
,
Jihye Lee
Jihye Lee
,
Justin Sink
Justin Sink
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Margaret Talev
Margaret Talev
,
Youkyung Lee
Youkyung Lee
,
Jihye Lee
Jihye Lee
,
Justin Sink
Justin Sink
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
February 28, 2019, 3:43 AM ET
Add Fortune on Google for similar content.

President Donald Trump said he walked out of his second summit with Kim Jong Un after the two leaders couldn’t agree on a deal to relieve North Korea of U.S. sanctions in exchange for Pyongyang giving up much of its nuclear weapons program.

Trump said Kim “wanted the sanctions lifted in their entirety, and we couldn’t do that.” In exchange, the North Korean leader had offered to dismantle its main nuclear facility at Yongbyon.

“It wasn’t enough,” the president said at a news conference after the summit collapsed.

The U.S. presented Kim with evidence of additional secret nuclear sites, surprising the North Koreans, according to Trump. Secretary of State Michael Pompeo said that even without Yongbyon the country would still possess missiles, warheads and other elements of a nuclear program that were unacceptable to the U.S.

“Sometimes you have to walk,” Trump told reporters. “I could have signed an agreement today and then you people would have said, ‘oh, what a terrible deal.”’

The summit’s collapse sent global stocks sliding as the future of U.S.-North Korea nuclear talks remained uncertain. While Trump said the meeting ended amicably with a handshake, he hasn’t committed to another summit with Kim.

“We just felt it wasn’t appropriate to sign an agreement today,” Trump said, adding that he was open to more talks in the future. “I want to take off the sanctions so badly because I want that country to grow. But they had to give up more.”

Pompeo said the U.S. asked Kim “to do more. He was unprepared to do that.”

South Korean President Moon Jae-in’s spokesman called the outcome “regrettable” in a statement, but said “there has been progress that was more meaningful than any time before.” China’s foreign ministry called for both sides to continue talking.

Heading into the summit, negotiations had made little progress since the last meeting between the two leaders in Singapore. The summit was organized in Hanoi in haste after Trump announced the meeting on Feb. 8, and the White House sought to lower expectations even before the president left for Vietnam.

Pompeo, speaking to reporters on a flight from Hanoi to Manila, said the two nations haven’t set a date for the next working-level meetings. “My sense it it will take a little while,” he said.

When asked why the U.S. and North Korea didn’t agree to some of the possible steps that had been floated — such as declaring a formal end to the Korean War and setting up liaison offices to conduct diplomacy — Pompeo said: “You should not assume that we didn’t come to an agreement on a whole number of issues.” He didn’t elaborate.

Kim sees nuclear weapons as the main guarantor of his dynastic regime’s security, and wants sanctions relief in return for merely pausing his weapons program. Trump’s administration, meanwhile, has insisted Kim take real steps toward giving up his capabilities before dropping sanctions.

For many analysts, the fact that Trump refused a deal that would move North Korea closer to becoming a normalized nuclear-weapons state represented progress. A former South Korean nuclear negotiator said that Trump was right to abandon the summit if he decided it was unpromising.

“No agreement is better than a bad agreement,” said the former negotiator, Chun Yungwoo, who is chairman of the Korean Peninsula Future Forum.

The meetings at the iconic Sofitel Legend Metropole hotel started out promising, with both leaders expressing optimism.

“There are people remaining skeptical about this meeting,” Kim said in Korean in introductory remarks. “All of them will be watching this moment together as if they are watching a fantasy movie.”

Kim publicly said that he was willing to denuclearize, in answer to a question from a U.S. reporter — the first time he is known to have taken questions from American journalists. He also said that the U.S. and North Korea establishing respective diplomatic offices in each other’s countries would be a “welcome idea,” without committing to it.

But Kim also appeared to grow frustrated at the questions. “I think we can let the journalists leave now,” he told Trump.

The talks ended abruptly before a scheduled “working lunch” at the Metropole. Reporters were ushered out of a dining room prepared for the two leaders and their aides, and the White House announced there had been a schedule change. Soon after, the two leaders separately departed the hotel.

Thursday’s summit was not the first time Trump abruptly left an international gathering. Last year, the U.S. president skipped meetings on climate change and green energy at the G7 summit in Canada to leave early for his first summit with Kim Jong Un in Singapore. Trump’s departure came after he publicly clashed with other world leaders over his decision to impose tariffs on steel and aluminum imports.

On Thursday, Trump had nice words for Kim even after the summit collapsed.

“There’s a warmth that we have,” Trump said. “We’re positioned to do something very special.”

Pompeo said “the departure was with an agreement” that the two sides would continue negotiations, and that they are “closer” to an eventual deal.

The fact that North Korea would continue to suspend weapons tests and Trump would halt military exercises showed the situation is unlikely to escalate, according to David Kim, a research analyst with the Stimson Center’s WMD, Nonproliferation, and Security program.

“As long as both Kim and Trump maintain political will to continue talks, we can expect there to be progress in the future,” Kim said. “These talks will take a long time and will far outlive this presidency.”

About the Authors
By Margaret Talev
See full bioRight Arrow Button Icon
By Youkyung Lee
See full bioRight Arrow Button Icon
By Jihye Lee
See full bioRight Arrow Button Icon
By Justin Sink
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Exclusive: Hera raises $27 million to tackle the unpaid caregiving that falls on daughters of the sandwich generation
NewslettersMPW Daily
Exclusive: Hera raises $27 million to tackle the unpaid caregiving that falls on daughters of the sandwich generation
By Emma HinchliffeJune 25, 2026
2 hours ago
stock
InvestingMarkets
How one chip stock reversed the global tech selloff, exposed AI’s ‘memory tax’ and made the case for an entire valuation regime change
By Nick LichtenbergJune 25, 2026
2 hours ago
Larry Ellison quietly gave $45 million to a pro-Trump group—then Oracle landed a starring role in a $500 billion AI buildout
PoliticsLarry Ellison
Larry Ellison quietly gave $45 million to a pro-Trump group—then Oracle landed a starring role in a $500 billion AI buildout
By Sydney LakeJune 25, 2026
2 hours ago
Paris court gives oil giant Total Energies half a year to tighten climate policies. Climate activists cry foul
EnergyEurope
Paris court gives oil giant Total Energies half a year to tighten climate policies. Climate activists cry foul
By The Associated Press, Molly Quell and Sylvie CorbetJune 25, 2026
2 hours ago
Students happy outside of school
SuccessColleges and Universities
One U.S. college is fixing tuition at just 10% of parental income: ‘We’re not hiding the cost of college behind secret formulas’
By Emma BurleighJune 25, 2026
3 hours ago
Personal Liability Insurance for Homeowners: Coverage and Common Exclusions Explained
Personal FinanceInsurance
Personal Liability Insurance for Homeowners: Coverage and Common Exclusions Explained
By Joseph HostetlerJune 25, 2026
3 hours ago

Most Popular

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
1 day ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
11 hours ago
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
Retail
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
By Nick LichtenbergJune 24, 2026
1 day ago
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
Asia
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
By Nick LichtenbergJune 24, 2026
1 day ago
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
2 days ago
Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
Success
Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
By Orianna Rosa RoyleJune 25, 2026
11 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.