South Korea says Moon met North Korea's Kim Jong

GETTYDonald Trump has hinted that the North Korea summit could still be

"We'd like to do it", he added.

However, the U.S. president later tweeted that the summit could be back on and held in Singapore as originally planned - with Seoul expressing relief that the prospect of talks had been revived.

In a scathing letter to Kim Jong-un, President Trump pulled out of his meeting with North Korea - social media hit back just as hard.

Kim said Pyongyang's "objective and resolve to do our best for the sake of peace and stability of the Korean Peninsula and all humankind remain unchanged".

Overnight, North Korea released a statement reiterating its interest in talks, even as it acknowledged the relationship between Washington and Pyongyang had deteriorated.

In a tweet earlier in the day, Trump called the North's response to his pullout from the nuclear talks "very good news" and said that "we will soon see where it will lead".

Russian President Vladimir Putin chimed in from St Petersburg, saying that "if you don't behave aggressively and if you don't corner North Korea, the result that we need will be achieved faster than many would think, and at less cost". "Only time (and talent) will tell!" If the North makes any economic demands for the simple pleasure of a meeting-something it has done time and time again-then we will know that North Korea is simply trying to weaken the sanctions regime without making any concessions. It has consistently worked to portray itself as the driver of progress in a relationship that has remained hostile for over six decades.

Trump scrapped the meeting, planned for Singapore, in a letter to Kim on Thursday after repeated threats by North Korea to pull out over what it saw as confrontational remarks by USA officials demanding unilateral disarmament.

But others said Trump's willingness to walk away could extract further concessions from Pyongyang.

USA officials also complained North Koreans did not show up to preparatory meetings and would not answer calls.

GETTYThe US president called the North Korea summit off
GETTYThe US president called the North Korea summit off

Trump's letter caught allies by surprise.

North Korean Vice Foreign Minister Kim Kye Gwan, a longtime nuclear negotiator and senior diplomat, said in a statement carried by state media that the North is "willing to give the USA time and opportunities" to reconsider talks. It never actually said it would give up its nuclear weapons, just that it would no longer need them if a peace mechanism could be implemented.

Defense Secretary James Mattis later confirmed that things were likely back on to reporters.

In his letter to Kim, Trump objected specifically to a statement from senior North Korean diplomat Choe Son Hui.

There were a series of "broken promises" from Pyongyang, the official told reporters, including when the White House sent the deputy chief of staff to Singapore to meet North Korean diplomats ahead of the summit.

Trump repeatedly offered mixed messages about the exit.

A senior White House official said the North had reneged on its promises ahead of the summit, including a pledge to allow worldwide inspectors to monitor its explosive destruction of its nuclear test site.

"If it does happen ... the North Koreans are going to come back with a tougher negotiating position because the US credibility has really been damaged by this letter and by the method in which the meeting was canceled to begin with", Jenny Town, managing editor of the North Korea-watching 38 North website, said in a telephonic press briefing.

"That doesn't give me a lot of confidence that we've made progress with the North Koreans on the substance of the negotiations", she said.

After years of tension over Pyongyang's nuclear weapons program, Kim and Trump agreed this month to hold what would be the first meeting between a serving USA president and a North Korean leader.

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