Just hours before President Trump's historic nuclear summit with North Korean dictator Kim Jong Un, the Trump administration is hinting at the bargaining chips the president may have in his back pocket as he readies for the high-stakes negotiations in Singapore. Ahead of the summit, the president also lashed out at the "haters & losers."

 "The fact that I am having a meeting is a major loss for the U.S., say the haters & losers. We have our hostages, testing, research and all missle launches have stoped, and these pundits, who have called me wrong from the beginning, have nothing else they can say! We will be fine!"

Secretary of State Mike Pompeo told reporters earlier Monday that the U.S. is "prepared to make security assurances" for North Korea if it denuclearizes. He said complete denuclearization is the only acceptable outcome from Tuesday's meeting between the two leaders.

Michael Auslin, the inaugural Williams-Griffis Fellow in Contemporary Asia at the Hoover Institution, Stanford University, joins Fox News Radio's Guy Benson and Marie Harf to discuss the North Korea Summit. 

On why he thinks it is a win-win for Kim Jong Un:  Look he's been able to do something neither his father nor grandfather could do which is get a sit down with the President of the United States.  He has essentially broken North Korea's international isolation. I think what we're seeing Over the past few months is a creeping normalization of North Korea. Whether the talks break down, whether they come to an agreement, whether agree to agree or even agree to disagree I think Kim comes out a winner.  (1:04)

On the motivation for Kim Jong Un:  I think there's two answers and I actually think that they're both equally valid. The first one is that he's scared or at least uncertain.  They simply don't know how far Trump would go. So, number one he's if not scared he's concerned, but number two he's also very confident.  He has something that gives him leverage over the United States. I think he's coming with combination with concern and fear and also confidence. (5:00)

On President Trump's tweet:  He's right. President Trump's tweet is right. But, we are not yet seeing anything fundamentally different in North Korea behavior nor are we seeing a fundamental change in the North Korea regime. The president also is right that we failed up until now.  The question is 'Why do they think they is different?'  He has moved the needle in ways previous presidents could not. (8:40)

On what success looks like: I think success looks like at least from the Trump administration's perspective that we get an agreement to agree and we form a process going forward where we talk very seriously about what denuclearization looks like. I think that's success.  (11:00)

Listen below: