When asked about the cancellation on Wednesday, Trump said, "We're going to change it because of trips that are being made". We think it's going fine. "The sanctions are on".
North Korea has increasingly protested the USA -led sanctions on the regime.
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Earlier, the Russian government had confirmed that the two leaders will have a summit this year. "I'd love to take the sanctions off, but they (North Korea) have to be responsive, too", Trump said on Wednesday.
Kim also help a summit with U.S. President Donald Trump in Singapore in June, when he was cited by North Korean media as expressing his admiration for Singapore's economic development.
Pompeo had been due to hold talks in NY on Thursday with senior North Korean official Kim Yong Chol aimed at paving the way for a second summit between Trump and Kim Jong Un and at making progress on denuclearization.
Trump has teased the possibility of a second summit with the young North Korean leader, saying last month that he expected the meeting would take place after Tuesday's midterms.
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Despite warm words from Trump since meeting Kim in Singapore, his administration has insisted on maintaining pressure on Pyongyang until a final agreement is reached.
The diplomacy comes a year after fears mounted of war, with Trump threatening "fire and fury" after Pyongyang's nuclear and missile tests.
Pompeo has traveled four times this year to North Korea, for decades a United States pariah, in hopes of securing an accord.
It offered no reason and North Korea's propaganda services have not mentioned the meeting.
But experts say North Korea's moves so far are largely cosmetic and easily reversible.
The communist state also promised to dismantle its main nuclear facility at Yongbyon if the US "takes corresponding measures".
The top USA military officer said on Monday (Nov 5) that the United States would have to start making changes to its military posture on the Korean peninsula over time if talks with North Korea advance.
A tougher USA stance on North Korea could complicate South Korea's efforts to improve relations with North Korea and expand cross-border exchanges in line with progress on the denuclearization of North Korea.