**Trader consensus on a Kim Jong Un visit to the United States in 2026 rests on the absence of any announced itinerary, logistical precedents, or diplomatic signals favoring travel to American soil.** North Korean leaders have historically avoided extended overseas trips outside tightly controlled regional summits, and past Trump-Kim engagements occurred in Singapore, Hanoi, and the DMZ rather than the US. Recent developments, including Trump’s reported push for an Asia-based meeting possibly tied to the November APEC summit in China and scaled-back US-South Korea exercises as a gesture, center on potential leader-level contact outside US territory. North Korea’s continued missile activity and insistence on nuclear-state recognition further limit prospects for a high-profile US visit. While late diplomatic shifts or health-related developments could theoretically alter timing, structural and security constraints sustain the strong market view that such travel will not occur before year-end.