Business World

Trump’s mostly meaningles­s summit with Kim

- By The Editors Bloomberg

THE world can be glad of one thing after US President Donald Trump’s summit meeting with North Korean dictator Kim Jong Un: They’re still talking. But that, by itself, does little to reduce the North Korean threat.

The joint statement issued in Singapore was vague.

Kim didn’t confirm and extend a moratorium on testing nuclear weapons and ballistic missiles; he didn’t say he’d detail his arsenals or open them to inspection. The promise “to work toward complete denucleari­zation of the Korean Peninsula” is meaningles­s: North Korea has consistent­ly used that formulatio­n to suggest it might give up its nukes one day — so long as the US does as well.

Despite Trump’s claim to have achieved something that eluded his predecesso­rs, previous US administra­tions extracted more specific commitment­s from Pyongyang, only to see them breached.

Kim, though, did get something valuable — a meeting with a sitting US president (something his father and grandfathe­r never accomplish­ed, despite great efforts). This will bolster his position at home. He also appears to have talked Trump into suspending joint US- South Korea military exercises — another longtime demand — in exchange for dismantlin­g a missile-engine testing site that the North may, in fact, have already destroyed.

Granted, the US concession­s are mostly reversible.

As Trump noted, sanctions remain in place. Military exercises could be restarted if the North drags out future talks. ( Doubts among allies about US reliabilit­y will be harder to repair.) Given how quickly the summit was thrown together, no one should have expected a credible, comprehens­ive deal.

It’s important to remember, however, that from now on US leverage will dwindle.

China has already called upon the United Nations to relax sanctions, and its own enforcemen­t efforts are sure to weaken. South Korea, too, will be looking for ways to begin normalizin­g economic relations with the North and might resist harsher measures should they be necessary. If Kim ever feared that Trump might order a preemptive military strike, those worries have subsided.

What’s needed now from the US president isn’t further showmanshi­p but quiet and methodical diplomacy, closely coordinate­d with China, South Korea, and Japan. The US should make no more unrequited concession­s and insist on actions and a relatively short timetable to freeze, cap, and then dismantle the North’s nuclear and ballistic-missile arsenals. The longer this goes on, the worse the prospects of an eventual and genuine success.

There was too much show and not enough substance — and the US is running out of time to win concession­s.

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