NEGOTIATIONS OVER NORTH KOREA'S
NUCLEAR PROGRAM, DEAN CHANG
JOINS US.
DEAN, WHAT COULD A THIRD
HANDSHAKE REALLY ACCOMPLISH OR
IS IT JUST ANOTHER ACTION FOR
SHOW?
>> WELL, I THINK THAT ONE OF THE
KEY TAKE-AWAYS FROM HAD HANOI
WHERE PRESIDENT TRUMP WALKED OUT
OF THE MEETING IS THAT IF THERE
ISN'T SOME SUBSTANCE, HE'S NOT
GOING TO JUST BASICALLY AGREE TO
SOMETHING IN ORDER TO SCORE
POINTS OR BURNISH HIS IMAGE.
ERIC: WHAT SUBSTANCE COULD
THERE BE, IF HE SAYS HE'S GOING
TO GO TO THE DMZ AND SHAKE KIM
JONG UN'S HAND.
>> THE REAL QUESTION IS GOING TO
BE WHETHER THE NORTH KOREANS
WILL MAKE ANY KIND OF MEANINGFUL
COMMITMENT TOWARDS
DENUCLEARIZATION.
FRANKLY, I'M NOT OPTIMISTIC
ABOUT THAT.
BUT IT IS -- IF KIM JONG UN
ACTUALLY SHOWS UP, IT DOES MEAN
THAT HE PRESUMABLY IS GOING TO
PUT SOMETHING ON THE TABLE
BECAUSE I THINK IT WAS PRETTY
EMBARRASSING FOR HIM FOR TRUMP
TO JUST WALK OUT, BECAUSE THE
NORTH KOREANS PUT NOTHING ON THE
TABLE.
ERIC: WHAT DO YOU THINK THAT
SOMETHING COULD BE?
>> HE MIGHT BE WILLING TO OFFER
UP ONE OR TWO NUCLEAR WARHEADS,
THAT HAS ALWAYS BEEN ONE OF THE
POSSIBILITIES.
HE MIGHT BE WILLING TO PUT
SOMETHING OTHER THAN -- ON THE
TABLE IN TERMS OF SHUTTING DOWN
PARTS OF THE NORTH KOREAN
NUCLEAR INFRASTRUCTURE.
ON THE FLIP SIDE, HE'S CERTAINLY
GOING TO DEMAND ONCE AGAIN THAT
WE, THE U.S., END SOME OF OUR
SANCTIONS REGIME ON THE NORTH
KOREANS.
THIS IS GOING TO BE A REALLY
TOUGH CALL.
IT COULD JUST BE A PHOTO
OPPORTUNITY.
ERIC: PREVIOUS PRESIDENTS HAVE
VISITED AFTER THE PRESIDENCY,
PRESIDENT CARTER AND PRESIDENT
CLINTON.
WHAT TO YOU IS THE SIGNIFICANCE
IF THE CURRENT PRESIDENT OF THE
UNITED STATES STEPS OVER THAT
BORDER, STEPS FOOT IN NORTH
KOREA, A NATION IN WHICH WE GAVE
TREASURE AND BLOOD DURING THE
KOREAN CONFLICT AND A NATION
WHICH WE ARE STILL TECHNICALLY
AT AT
AT WT
AT WAR?
>> PRESIDENT TRUMP HAS BROKEN
PRECEDENT SIMPLY BY MEETING KIM
JONG UN WHICH NO SITTING U.S.
PRESIDENT HAD DONE.
SO STEPPING ACROSS THE BORDER
WOULD BE CONSISTENT WITH THE
MEETING BETWEEN KIM AND
PRESIDENT MOON OF SOUTH KOREA
WHERE, AGAIN, KIM TOOK MOON BY
THE HAND AND TOOK HIM OVER THE
BORDER ONE OR TWO STEPS INTO THE
DMZ.
ERIC: THE DIFFERENCE BETWEEN
THE SOUTH KOREAN PRESIDENT DOING
THAT AND THE AMERICAN PRESIDENT,
THERE'S A DIFFERENCE.
>> OF COURSE.
IT WOULD MAKE IT VERY CLEAR THAT
THE U.S. AND SOUTH KOREA ARE
BOTH BASICALLY MAKING IN-ROADS
INTO TRYING TO NORMALIZE
RELATIONS.
ERIC: AT THE SAME TIME, THE
TALKS WITH STEVEN, THEY'VE
BASICALLY BEEN FROZEN.
IT'S A STALEMATE.
NORTH KOREA HAS NOT DECLARED
ANYTHING, NOT LET INTERNATIONAL
INSPECTORS IN, NOT DISMANTLED
ANYTHING OF SIGNIFICANCE AND HAS
NOT TAKEN ONE STEP TO TRY AND
MOVE TOWARD DENUCLEARIZATION.
>> NO, THAT'S EXACTLY RIGHT.
THIS IS THE PROBLEM.
SO YOU HAVE A LOT OF PUBLIC
IMAGE, YOU HAVE A LOT OF SMILING
FACES, A LOT OF HANDSHAKES, A
LOT OF SUMMIT MEETINGS, GREAT
PHOTO OPPORTUNITIES BUT THE
SUBSTANCE OF DENUCLEARIZATION
HASN'T MOVED.
WHAT IS KIM GETTING OUT OF THIS?
HE'S GETTING NICE PHOTO
OPPORTUNITIES, A CHANCE TO BE
PHOTOGRAPHED WITH THE PRESIDENT
OF THE UNITED STATES, MOST
IMPORTANT PERSON OUT THERE, BUT
AT THE END OF THE DAY NORTH
KOREA'S ECONOMY CONTINUES TO
LIMP ALONG IN THE FACE OF
AMERICAN SANCTIONS.
ERIC: LIMPING ALONG WITH A LOT
OF THE SANCTIONS WE'RE TOLD
BEING BROKEN BY NORTH KOREA, WE
SEIZED ONE OF THEIR SHIPS AND
THERE ARE NOW PROPOSALS ON
CAPITOL HIP TO
CAPITOL HIL TO
CAPITOL HILLTO
CAPITOL HILL TO GET TOUGHER.
THE PRESIDENT IS SAYING HE MAY
GO TO THE DMZ TO SHAKE KIM JONG
UN'S HAND.
BIPARTISAN MEMBERS ARE TRYING TO
SLAP MORE SANCTIONS ON NORTH
KOREA.
THERE'S OTTO WARMBIER ACT, WHO
WAS SO SAVAGELY BEATEN AND
BASICALLY KILLED BY KIM JONG
UN'S THUGS AND THE OTTO WARMBIER
BRINK ACT IS A BANKING ACT
SPONSORED BY PAT TOOMEY AND
CHRIS VAN HOLLAND, AN EFFORT TO
CLAMP DOWN ON BANKS WHO DO
FINANCIAL BUSINESS WITH NORTH
KOREA, TO HIT KIM JONG UN IN THE
L WALLET.
HERE'S WHAT SENATOR TOOMEY TOLD
ME RECENTLY.
>> WE'RE GOING TO MAKE THOSE
CHINESE BANKS DIED, DO YOU
CHINESE BANKS DECD, DO YOU
CHINESE BANKS DECID DO YOU
CHINESE BANKS DECIDE,O YOU
CHINESE BANKS DECIDE, DYOU
CHINESE BANKS DECIDE, DO U
CHINESE BANKS DECIDE, DO YOU
WANT ACCESS TO THE U.S. DOLLAR
GLOBALLY OR DO YOU WANT TO DO
BUSINESS WITH NORTH KOREA.
I'M WANT THEM TO HAVE TO CHOOSE.
I'M PRETTY SURE I KNOW WHAT
CHOICE THEY'LL MAKE.
THAT IS DESIGNED TO INCREASE
ECONOMIC PRESSURE ON KIM.
ERIC: THE GOAL IS FOR THE BANKS
AND FINANCIAL INSTITUTIONS TO
EITHER DO BUSINESS WITH KIM OR
WITH THE UNITED STATES, NOT
BOTH.
>> THAT'S RIGHT.
THAT'S RIGHT.
ERIC: FINALLY IS AN OUTREACH
MORE IMPORTANT OR ACTUALLY
CLAMPING DOWN ON SOMETHING THAT
KIM JONG UN WOULD REALLY FEEL?
>> I THINK THE CLAMPDOWN HAS TO
OCCUR IF WE'RE GOING TO MAKE
THAT IMPRESSION ON KIM.
BUT THERE'S NOTHING THAT KEEPS
YOU FROM SMILING OR BEING POLITE
AS YOU APPLY THOSE SANCTIONS.