President Trump and Chairman Kim initial one-on-one meeting to begin day two. Both leaders appear engaged and cautiously optimistic. Again, President Trump focuses on the economic potential for a denuclearized North Korea.  [Transcript will follow]

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[Transcript] President Trump: “Well, thank you very much Chairman Kim, and it’s great to be with you again. And, I’m sure over the years we’ll be together a lot, and I think we’ll also be together after the fact, meaning after the deal is made. We had very good discussions last night at dinner, and the pre-dinner was very good. And, there were a lot of great ideas being thrown about. I think very importantly, the relationship is, you know, just very strong, and when you have a good relationship, a lot of good things happen. So, I can’t speak necessarily for today, but I can say that this, a little bit longer term, and over a period of time, I know we’re going to have a fantastic success with respect to Chairman Kim and North Korea. They’re going to have an economic powerhouse. I’ve been writing about it, I’ve been talking about it. I think it’s going to be an economic powerhouse. And it’s something I very much look forward to helping with because with a little bit of help in the right location and the right place, I think it’s going to be something very special.”

(translator for President Trump): “I’ve been saying very much from the beginning that speed is not that important to me. I very much appreciate no testing of nuclear rockets, missiles, any of it. Very much appreciate it. And, Chairman Kim and I had a great talk about that last night. I’ll let him say what he said if he’d like to and if he doesn’t, he doesn’t have to. But, we had a very good talk about that last night. And again, I am in no rush. We don’t want the testing, and we’ve developed something very special with respect to that. But, I just want to say I have great respect for Chairman Kim, and I have great respect for his country, and I believe that it will be something economically that will be almost hard to compete with for many countries. It has such potential.”

Chairman Kim (translated): “Well, it’s too early to tell, but I wouldn’t say that I’m pessimistic. From what I feel right now, I do have a feeling that good results will come out.”