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US President Donald Trump said on Wednesday that the United States has made "tremendous" progress with North Korea, and the entire situation on the Korean peninsula has "calmed down," Sputnik reported.

"We're making tremendous progress with respect to North Korea," Trump told reporters. "Prior to my coming into office a lot of people thought it was inevitable we were going to war in North Korea and now we're, the relationships, I have to tell you, at least on a personal basis are very good. It's very much calmed down."

Following a summit on Tuesday and Wednesday in Pyongyang, the leaders of North and South Korea announced a military agreement to end large-scale artillery exercises and flights near the demilitarized zone.

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