Kim Weighs Dangerous Path to Nuclear Respect for North Korea

  • Kim Jong Un wants North Korea accepted as a nuclear state
  • De-escalation likely as both sides have ‘too much to lose’

William Daley, head of U.S. operations at Argentiere Capital, discusses the rising tensions between the U.S. and North Korea, trade between the U.S. and China, the one-Korea policy, the U.S. administration, his thoughts on the 2020 presidential race and his outlook for the healthcare bill. He speaks on 'Bloomberg Daybreak: Asia.' (Source: Bloomberg) (Corrects spelling of guest's last name in headline and description.)

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Brinkmanship has usually paid dividends for North Korea’s regime -- at home and abroad.

Crises triggered by it blasting off a new weapon or crossing a nuclear research threshold would end with western powers and concerned neighbors doling out aid and security guarantees. Now that Pyongyang is believed to have the missiles, and perhaps the warheads, to land an atomic bomb on U.S. soil, the price it hopes to extract has soared.