Trump added that North Korea has "tremendous" potential economically, and that Abe, South Korean President Jae-in Moon and Chinese President Xi Jinping have all expressed interest in doing business with North Korea. "I think he would look on it very favourably".
Skeptics of Trump's approach to relations with China have said Beijing is aware of Trump's two-prong approach and, therefore, unlikely to allow major U.S. victories on both trade and Korean Peninsula denuclearizaton.
Secretary of State Mike Pompeo, who has traveled to Pyongyang twice since March, has prepared Trump for the summit in about eight-to-ten hours of briefings per week for several weeks, two USA officials said. He will then travel to Singapore for the summit with North Korean leader Kim Jong Un, which will be held at on Sentosa Island.
Former senators Sam Nunn (right) and Richard Luger (left) speaks with US Vice Preisent Mike Pence at the White House on Wednesday.
Watch above, via Fox News.
The president also said the summit is just the beginning of a series of talks to hammer out a denuclearization deal.
The current plan is for the Donald to meet his North Korean counterpart at Capella Hotel next Tuesday and return home the following day. "But I think I've been prepared for this summit for a long time".
And what better way to get to know the North Korean dictator than Trump's favorite pastime: grabbing 'em by - sorry, golf. We can not take sanctions off.
Although the State Department promptly disowned Giuliani's comments, reports have emerged that Trump is growing increasingly frustrated with Giuliani for getting him bad press. "I've told you that many times before".
Trump told reporters the upcoming nuclear summit in Singapore is "going to be much more than a photo op". "It's not going to happen all in one meeting".