Trump will participate in a summit that South Korean officials said would probably take place at the end of May.
August 9: Trump says North Korea had best not make more threats or "they will be met with fire and fury like the world has never seen".
Instead, Kim only promised to stop nuclear and ballistic missile testing and said he accepted the right of the US and South Korea to move forward with joint military exercises later this year.
Donald Trump 'will meet Kim Jong Un by May' after North Korean invitation
Sanders claimed those pledges were made with "zero concessions" from the U.S.
January 1, 2017: Kim Jong Un says in a New Year's address that preparations for launching an intercontinental ballistic missile have "reached the final stage".
"We can't let a madman with nuclear weapons let on the loose like that", Trump told Philippines President Rodrigo Duterte during an April phone call.
The White House confirmed that Trump would accept Kim's invitation to meet.
Gold prices extended losses into a third session on Friday as the dollar strengthened against the yen on the hope of easing tension between the USA and North Korea and ahead of United States nonfarm payroll data later in the day.
On Thursday at the White House, the head of South Korea's National Security Office, Chung Eui-yong, delivered Trump a message that he had received from Kim during a high-level meeting in Pyongyang.
"(The North Koreans) are saying the right things and we're going to listen to them at the table and we're going to see where this leads", the official said.
In a post on Twitter early on Friday, Trump wrote, "Meeting being planned!"
The North Korean dictator offered the concessions after suffering sever economic sanctions by the USA and allies, including China, that the administration calls a "maximum pressure campaign".
Xi said he "hopes the United States and North Korea start contacts and dialogue as soon as possible and strive to reach positive results", the report said.
North Korea's Kim, who has denounced previous Foal Eagle exercises as practice for an invasion, has asked that Foal Eagle and Key Resolve either be cut short or scaled down, but said that the exercises would not affect the proposed talks with Trump, according to South Korea's top envoy to the North.
There are many details to be ironed out before any Trump-Kim meeting could take place, not least the location.
She added that "in the meantime, all sanctions and maximum pressure must remain".