What happens if the meeting with Kim Jong Un fails?

PAST 26 YEARS. THIS B WANTS >> Sandra: ANNOUNCING IN SUCH A UNIQUE WAY. THANK YOU. >> Bill: SECRETARY OF STATE REX TILLERSON REACTING TO THE NEWS. HE SAID THIS A SHORT TIME AGO. >> THIS IS SOMETHING HE’S HAD ON HIS MIND FOR QUITE SOME TIME, SO IT WAS NOT A SURPRISE IN ANYWAY. I THINK THIS IS LONG BEEN SOMETHING. HE’S EXPRESSED IT BEFORE ABOUT HIS WILLINGNESS TO MEET KIM JONG UN. I THINK WHAT CHANGED WAS HIS POSTURE IN A VERY DRAMATIC WAY. IN ALL HONESTY, IT WAS A SURPRISE TO US.

>> Bill: HE EXPECTS IT WILL TAKE SEVERAL WEEKS TO WORK OUT THE LOGISTICS OF WHERE AND WHEN THAT MEETING TAKES PLACE. STILL SOME TALK WITH THE PRESIDENT BEFORE SUNRISE. A LOT OF QUESTIONS ON THE LINE NOW. WE WANT TO BRING IN WITH US, BLUE LIEUTENANT COLONEL MICHAEL WALTZ, FORMER GREEN BERET. GOOD DAY AND THANK YOU FOR COMING BACK HERE. 12 HOURS TO THINK ABOUT. WHAT DO YOU THINK ABOUT? >> THE KEY HERE IS STILL TIMING. THIS IS AN INCREDIBLY QUICK BOLD MOVE. AS GREG MENTIONED, THIS COULD BE NIXON, CHINA, GORBACHEV AND REAGAN, OR THIS COULD BE ANOTHER PLAY OUT OF THE NORTH KOREAN PLAYBOOK. AT THE END OF THE DAY, GIVEN THE SHORT AMOUNT OF TIME AND A MASK THAT PRESIDENT TRUMP WAS HANDED, HE DESERVES A LOT OF CREDIT.

I THINK WE HAVE TO GO RIGHT TO THIS MEETING. A LOT OF CRITICS SHOULD SAY WE START WITH LOWER-LEVEL MEETINGS. AT THE SAME TIME, THE HEAD OF THE CIA HAS HAD WE GOT ABOUT A YEAR UNTIL THEY HAVE A FUNCTIONAL ICBM. I LIKE THAT WE WILL DO THIS MEETING AS FAST AS POSSIBLE, AND I THINK WE NEED TO VERY QUICKLY DETERMINE WHETHER THE NORTH KOREANS ARE SERIOUS WHILE WE KEEP MILITARY EXERCISES AND SANCTIONS IN PLACE AND THE PIECES AND PLACE TO START INTERDICTING SHIPS IN THE BLACK MARKET OFTEN KOREAN COAST. >> Bill: THANK YOU SO MUCH. THIS IS A CLOSED KINGDOM. IT IS THE MOST SOCIETY IN THE PLANET TODAY. IT DWARFS THAT OF PREVIOUS CHINA OR SOVIET UNION, OR CUBA FOR THAT MATTER OR BUMA OR BHUTAN WHO TOOK CENTURIES TO OPEN UP.

HOW DO YOU PUT INSPECTORS ON THE GROUND THAT YOU CAN TRUST AND VERIFY IN NORTH KOREA? >> THAT’S WHAT THE NORTH KOREANS DID UNDER THE BUSH ADMINISTRATION. I WAS IN THE WHITE HOUSE THEN. THEY WOULD AGREE TO THINGS, BUT THEN THEY WOULD START DRAGGING WHO CAN EXPECT? WHEN CAN THEY EXPECT? HOW MUCH NOTICE DO YOU HAVE TO GIVE? WE SAW THE OBAMA ADMINISTRATION CAME ON ALL THOSE POINTS WITH THE IRAN DEAL, AND THAT’S WHERE THE NORTH KOREANS COULD DRAG THIS OUT WHILE THERE MISSILE ENGINEERS ARE WORKING LIKE BUSY LITTLE BEES IN THE BACKGROUND. AT THE END, THEY COULD WALK AWAY AND SAY HERE WE ARE AT THE FINISH LINE WITH A FUNCTIONAL ICBM CAPABLE OF STRIKING ANYWHERE IN THE UNITED STATES.

THE OTHER PIECE, BILL, WE HAVE TO MENTION IRAN HERE AND THE PROLIFERATION ISSUE. THAT MEANS TO BE FRONT AND CENTER. ALSO, OUR HOSTAGES NEED TO BE FRONT AND CENTER. NORTH KOREA STILL HOLDING THREE AMERICANS. IRAN IS APPROACHING THE 11TH ANNIVERSARY OF THEIR KIDNAPPING CASE. THEY HAVE ALL KIND OF THINGS THAT NEED TO BE ON THE TABLE AT THE SUMMIT AND PRIORITIZING THOSE IS GOING TO BE KEY. >> Bill: KIM JONG UN WANT TO SURVIVE. I THINK THAT’S PRETTY CLEAR RIGHT NOW. THEY ARE STARVING ECONOMICALLY, SO YOU CAN ONLY IMAGINE WHAT’S HAPPENING INSIDE THE KINGDOM. IF YOU DO NOT GET WHAT YOU WANT FROM THIS MEETING, WHAT’S THE LAST CARD YOU PLAY? >> I THINK YOU HAVE SECONDARY SANCTIONS. CHINA WILL STILL BE A PIECE HERE. THERE IS STILL A LOT WE CAN DO SHORT OF WAR. SECONDARY SANCTIONS ON CHINESE FIRMS CONTINUING TO DO BUSINESS AND AGGRESSIVE INTERJECTIONS WITH OUR ALLIES OF SHIPS THAT ARE EVADING SANCTIONS, AND KEEP UP THE ECONOMIC PRESSURE. EVENTUALLY, KIM JONG UN WILL SAY THE SURVIVOR OF MY REGIME, WHICH IS COLLAPSING ECONOMICALLY, IT IS WORTH MORE TO HIM THEN THIS NUCLEAR PROGRAM.

THAT IS THE POINT WE HAVE TO GET TO. >> Bill: TRY TO BRING JIM MATTIS WITH ME IN FRONT OF WARM.

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