• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Despite being a multimillionaire, Suze Orman still cooks at home whenever possible—and says eating out is one of the biggest wastes of money

2

As U.S. Treasury intervened in the bond market, the Netherlands rushed 86 tons of gold out of America because of ‘geopolitical unrest’

3

He failed the military pilot eye test—so he built a $1 million-a-day traffic company and bought flying lessons. Now he’s Top Gun’s stunt pilot 

1

Despite being a multimillionaire, Suze Orman still cooks at home whenever possible—and says eating out is one of the biggest wastes of money

2

As U.S. Treasury intervened in the bond market, the Netherlands rushed 86 tons of gold out of America because of ‘geopolitical unrest’

3

He failed the military pilot eye test—so he built a $1 million-a-day traffic company and bought flying lessons. Now he’s Top Gun’s stunt pilot 
AsiaSouth Korea
Asia

U.S. to trim military exercises with South Korea after Trump says Seoul declined to help on Iran while the North is ‘unthreatening and respectful’

By
The Associated Press
The Associated Press
Down Arrow Button Icon
By
The Associated Press
The Associated Press
Down Arrow Button Icon
August 16, 2026, 6:06 PM ET
President Donald Trump gestures as he boards Air Force One at Morristown Airport, Sunday, Aug. 16, 2026, in Morristown, N.J.
President Donald Trump gestures as he boards Air Force One at Morristown Airport, Sunday, Aug. 16, 2026, in Morristown, N.J. AP Photo/Julia Demaree Nikhinson
Google source logo
Add Fortune on Google for similar content.

President Donald Trump ordered the Pentagon on Sunday to scale back planned joint military exercises with South Korea after the Republican president said South Korea declined to help denuclearize Iran.

Recommended Video

Trump said in a social media post that the exercises slated to begin this week are costly and “send a signal that is totally inappropriate and hostile” to North Korea, which he said “has been unthreatening and respectful” while Trump has been in the White House.

“Therefore, and based on the fact that it is too late to cancel, I have instructed Secretary of War, Pete Hegseth, to substantially reduce the Joint Military Exercises!” Trump wrote.

The 11 days of exercises involving 18,000 South Korean soldiers were designed to beef up readiness against North Korean threats.

U.S. and South Korean forces were expected to practice joint operations in complex scenarios, including a live-fire exercise to test joint precision targeting and maneuver, a wet gap crossing, and distribution of prepositioned military equipment, according to the U.S. military.

A day earlier, Trump posted a photo of himself standing next to North Korea’s Kim Jong Un, writing that the two leaders get along great “despite the unfriendly look on this particular picture.”

North Korea’s Foreign Ministry has called the U.S.-South Korean training “a rehearsal for an aggressive war” that is triggering a different level of instability in the region.

Trump met with the reclusive North Korean leader three times during his first term to discuss the country’s nuclear program, most recently in 2019. Since returning to office, Trump has expressed interest in continuing those discussions.

This is not the first time that Trump has sought to end the exercises. During his first term he also issued a surprise announcement that called the wargames “provocative.”

“We will be stopping the war games, which will save us a tremendous amount of money, unless and until we see the future negotiation is not going along like it should,” Trump told reporters after his 2018 meeting with Kim Jong Un in Singapore.

Fortune Daily breaks the traditional barrier between audience and newsroom. The show transforms Fortune’s trusted reporting into actionable, conversational, and entertaining insights for an emerging class of business leaders. Watch here.
About the Author
By The Associated Press
See full bioRight Arrow Button Icon
Google source logo
Add Fortune on Google for similar content.

Latest in Asia


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Asia


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.