President Donald Trump canceled his historic nuclear summit with Kim Jong Un on Thursday, accusing North Korea of “tremendous anger and open hostility.”
The meeting, which would have marked the first face-to-face encounter between a sitting U.S. president and a North Korean leader, was set for June 12 in Singapore.
“Sadly, based on the tremendous anger and open hostility displayed in your most recent statement, I feel it is inappropriate, at this time, to have this long-planned meeting,” Trump wrote in a letter to Kim, which was released Thursday morning.
Stocks fell and gold rose after news of the cancellation broke.
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