After North Korea began to make more demands and threaten to cancel the talks as well as cancel a meeting with the South Korean leaders, it became obvious that North Korea had all of a sudden gained a new found boldness. But where did it come from? It came shortly after Kim Jong Un's second meeting with Chinese leader Xi Jin Ping in China.
Now not only do we have a detente on the trade war for some reason we also now have a White House trying to calculate the political risks and fallout of this meeting with Kim in Singapore.
We believe North Korea has become China's biggest bargaining chip that they can put on the table now. This is the main reason for the freeze in the trade dispute. All eyes both in China and in Washington are now on the June 12th meeting.