“President Trump has notified Kim Jong-un, the North Korean leader, that he has canceled their much-anticipated meeting, which was set for June 12,” the New York Times reports.
In a letter to Mr. Kim, the American president said he would not attend the summit due to “tremendous anger and open hostility displayed in your most recent statement.”
He was referring to recent comments from a North Korean official who described Vice President Mike Pence as “ignorant and stupid.”
Axios: “Markets fell sharply on the news, and tensions with Pyongyang are likely to ratchet up — and quickly.”


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