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

Trendingnow

1

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

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

1

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

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
LeadershipNorth Korea

How to Tell If Trump’s Second Summit With Kim Jong Un Is a Success

By
Nick Wadhams
Nick Wadhams
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Nick Wadhams
Nick Wadhams
and
Bloomberg
Bloomberg
Down Arrow Button Icon
February 27, 2019, 5:57 AM ET
Add Fortune on Google for similar content.

After their first meeting a year ago, President Donald Trump and North Korean leader Kim Jong Un issued a 400-word statement long on goodwill and short on detail. Trump will need more than that this time to credibly claim a success.

At the two-day summit in Hanoi, experts are looking for specific commitments from North Korea toward halting its nuclear program, with deadlines and procedures to verify that Kim does what he says. Trump meanwhile must avoid giving up anything too valuable in return.

Ideas on the table appear aimed at building trust: Issuing a peace declaration, limited sanctions relief for Kim’s isolated regime, establishing diplomatic representation in each country. What’s key, though, is for North Korea to offer up something real that it hasn’t promised — and backtracked from — over the course of past negotiations.

“A fair marker is that the North Koreans have to put something on the table that they genuinely have not put on the table before and deliver on that,” said James Carafano, the director of foreign policy studies at the Washington-based Heritage Foundation. “It’s unrealistic to think this is going to deliver some complete process and we’re done here.”

For his part, Trump dismissed the speculation on Wednesday.

Below are some guidelines to help gauge whether the summit meets expectations.

Nuclear Inventory

At the top of the wish list for Trump’s supporters and detractors alike — absent a North Korean promise to give up its nuclear weapons entirely — is a declaration that reveals all of the country’s nuclear stockpiles. So far, assessing the North’s capabilities has been educated guesswork. Total disclosure would back up the Trump administration’s contention that Kim is genuinely ready to give up his weapons.

Beyond that, some experts would take limits on enriching uranium or plutonium. They also want to see North Korea allow inspectors into the country so any commitment it makes can be verified.

“I’m definitely interested in constructive action that limits or stops the amount of fissile material that North Korea can produce,” said Melissa Hanham, a director at the One Earth Future Foundation. “But this will just be a piece of paper unless it’s implemented, and I don’t think a handshake will carry it through.”

Defining ‘Denuclearization’

Even if North Korea makes no such promises, many experts would be happy if Trump and Kim agreed on the definition for that mouthful of a term — “denuclearization” — at the center of decades of tension between the two countries.

The U.S. says denuclearization means North Korea agrees to gives up its nuclear weapons program. North Korea argues that the term should include U.S. action too — such as removing strategic bombers from Guam, and no longer including South Korea under its nuclear umbrella in Asia.

Having a shared understanding of what denuclearization means could at least offer reassurances that the U.S. and North Korea are debating the same thing.

“If it’s going to take us four or five meetings just to close the gap in terms of how we define denuclearization, then the process really isn’t a process,” Victor Cha, a former U.S. National Security Council official who is now a senior adviser at the Center for Strategic and International Studies in Washington, told reporters last week.

Setting Deadlines

Putting commitments down on paper is one thing. Forcing the two sides meet deadlines for those promises is another.

The U.S. position on how quickly negotiations with North Korea should advance has varied wildly. Kim himself has never said how long he expects the talks to extend. After the first summit, Secretary of State Michael Pompeo said denuclearization should be wrapped up by the end of Trump’s first term. Trump has said that as long as Kim abstains from weapons tests, he doesn’t care how long the process takes.

North Korea will almost certainly seek to exploit that ambiguity and push for the process to drag on. That way, support for the U.S. campaign to isolate the country steadily weakens. But setting markers for working-level negotiations would help propel talks forward, according to Robert Carlin, a former CIA and State Department intelligence analyst who took part in negotiations with North Korea under President Bill Clinton’s administration.

“Most important is that the document lays out what should be happening over the next four to six months in terms of detailed negotiations so that the working level has instructions from on high,” Carlin said. “If things get snagged, each side can pull out the paper and say, ‘Look, here’s what your leader agreed to.”’

Peace Declaration

There is intense speculation that the two sides will sign a declaration agreeing to end the Korean War, and establish “liaison offices” — a partial diplomatic presence — within each other’s borders.

But those ideas are accompanied with anxiety that Trump will win nothing in exchange for a peace declaration — or might even commit to withdraw some of the 30,000 American soldiers in South Korea. Experts generally agree that Kim would see a peace declaration as an achievement to bring home to his own people and tout as a major success — particularly if he gets it without any major concessions to Trump.

“Officially saying that they are not at war anymore is probably fine but on the other hand the bargain hunter in me knows how badly North Korea wants that,” said Hanham, of the One Earth Future Foundation. “I do think the U.S. should extract something for it.”

About the Authors
By Nick Wadhams
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership

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 Leadership

I know how Gen Z can survive the ‘jobpocalypse’ because I built an AI company — in 2015
CommentaryCareers
I know how Gen Z can survive the ‘jobpocalypse’ because I built an AI company — in 2015
By Jeremy FainJuly 1, 2026
2 hours ago
mr
Commentary250 Years of Innovation
America needs 3.8 million manufacturing workers. This CEO has a blueprint to find them
By Mark RayfieldJuly 1, 2026
2 hours ago
Photo: Rocks balancing on driftwood, sea in background.
AIMarkets
Leveraged stock bets are ‘very concentrated in the AI ecosystem,’ Goldman Sachs warns
By Jim EdwardsJuly 1, 2026
3 hours ago
The Supreme Court’s birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
NewslettersCEO Daily
The Supreme Court’s birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
By Diane BradyJuly 1, 2026
4 hours ago
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big TechNvidia
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
6 hours ago
Nike’s earning numbers exceeded Wall Street’s expectations. But CEO Elliott Hill’s next test is the World Cup
RetailNike
Nike’s earning numbers exceeded Wall Street’s expectations. But CEO Elliott Hill’s next test is the World Cup
By Mia OsmonbekovJune 30, 2026
16 hours ago

Most Popular

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
6 days ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
4 days ago
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
2 days ago
'Humanity has chosen to become idiots': This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
AI
'Humanity has chosen to become idiots': This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
By Catherina GioinoJune 29, 2026
2 days ago
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
Commentary
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
By Marc AndersenJune 30, 2026
1 day ago
The retired college professor fighting a $313 trespassing ticket in Wisconsin thinks he's part of a national struggle
Environment
The retired college professor fighting a $313 trespassing ticket in Wisconsin thinks he's part of a national struggle
By Catherina GioinoJune 28, 2026
3 days 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.