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Speaking to Bloomberg, Trump said that it will be an honour for him to meet Kim.

"If it would be appropriate for me to meet with him, I would - absolutely. I would be honoured to do it," he said.

In another interview with CBS, the American President also appreciated the political acumen of the North Korean leader and hailed him as a 'smart cookie'.

"People are saying: 'Is he sane?' I have no idea... but he was a young man of 26 or 27... when his father died. He's dealing with obviously very tough people, in particular the generals and others," he said.

"And at a very young age, he was able to assume power. A lot of people, I'm sure, tried to take that power away, whether it was his uncle or anybody else. And he was able to do it. So obviously, he's a pretty smart cookie," Trump added.

However, the White House issued a statement later saying that the reclusive nation will have to meet many conditions in order to enter a dialogue with the US.

Earlier, Trump was quoted by news agency Reuters as saying that he fears a 'major, major conflict' with North Korea.

Tensions have also escalated between the two nations as Jong-un was quoted in the media as saying that he plans to blow up America with five-million nuclear bombs.