Abe says he regrets Trump canceled NKorea summit

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Asian markets mostly fell on Friday as Donald Trump shocked the world by pulling out of next month's historic summit with Kim Jong Un, though analysts said the losses were tempered by hopes the talks can be rekindled.

"Democrats are so obviously rooting against us in our negotiations with North Korea".

On Friday, Trump called the statement "very good news", adding, "We will soon see where it will lead, hopefully to long and enduring prosperity and peace".

Earlier Friday, in a tweet, he had called the North's reaction to his letter canceling the summit "warm and productive".

It followed an announcement earlier in the day from the White House that Trump had cancelled the June 12 summit due to "open hostility" from Kim Jong Un. Trump himself welcomed them back to the U.S.in a middle-of-the-night ceremony.

"We would like to make known to the USA side once again that we have the intent to sit with the USA side to solve problem regardless of ways at any time".

In a separate statement at the White House, Mr Trump said the step was a "tremendous setback for North Korea and the world", adding the USA military was "ready if necessary" to respond to any "reckless" act from North Korea.

The official statement out of North Korea said Kim sees the need for an upcoming meeting between the nations as "urgent". "Only time (and talent) will tell!"

"At a time when the U.S".

President Donald Trump speaks on North Korea in the Roosevelt Room of the White House, May 24, 2018. Hours after releasing the letter, he declared hours later, "I really believe Kim Jong Un wants to do what's right".

Asked why the USA didn't withdraw from the summit after that, the official said the White House had "been willing to give the North Koreans every opportunity within reason to consummate this meeting".

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"We express our willingness to sit down face-to-face with the USA and resolve issues anytime and in any format", North Korea Vice Foreign Minister Kim Kye-gwan said in a statement, according to state-run Korean Central News Agency.

At a late afternoon briefing Thursday, a senior administration official described the recent interactions between the USA and North Korea as "a trail of broken promises". Worldwide journalists were present, but the US government can't verify the site's destruction.

South Korean president Moon Jae-in said he was "very perplexed" by the decision, and other world leaders expressed disappointment with it.

Ms Choe, who has been involved in several diplomatic interactions with the United States over the past decade, said the North would not "beg" for dialogue and warned of a "nuclear showdown" if diplomacy failed.

The North Koreans were a no-show for a preparatory meeting in Singapore last week, part of a trail of broken promises, lack of good faith and poor communication prompting the president's decision, according to administration officials.

Trump, in his letter to Kim, objected specifically to a statement from a top North Korean Foreign Ministry official. It was a very nice statement they put out.

Underscoring the high stakes, Trump said he had spoken with military leaders, as well as Japan and South Korea, and stressed that the United States was prepared for any threat.

Trump made his remarks on the south lawn of the White House before boarding Marine One for the flight to Annapolis, Md., where he delivered the commencement address to graduates at the U.S. Naval Academy.

Just before Mr Trump announced the cancellation of the talks, North Korea declared it had "completely" dismantled its nuclear test site, in a carefully choreographed move portrayed as a goodwill gesture ahead of the summit.

U.S. allies in Asia were blindsided by Trump's cancelation.

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