Overview

• At the Oval Office, Lee Jae Myung proposed a Trump–Kim meeting to advance peace, and Trump said he would like to meet Kim “this year.”
• Lee warned in Washington that North Korea can likely produce 10 to 20 nuclear bombs annually and is close to completing an ICBM capable of reaching the United States.
• Trump pressed for higher South Korean payments for U.S. troops and even floated U.S. ownership of land hosting a major base, while Seoul indicated existing arrangements do not allow a transfer of ownership.
• Reporting points to U.S. planning debates over reducing or redeploying forces in South Korea due to constraints on using bases in a potential China–Taiwan contingency.
• Economic ties were showcased as Korean Air announced an order for 103 Boeing jets, with media also describing a broader U.S. investment package reported at about $350 billion.