Pyongyang had threatened to deliver a "Christmas gift" to the US amid stalled denuclearisation negotiations between the two nations.
Speaking to journalists after a Christmas eve phone call with military leaders, Trump said that the US would handle the "gift" and would be able to "deal with it very successfully."
"I may get a vase, I may get a nice present from him. You don't know. You never know."
North Korea has not carried out a long-range missile test in more than two years.
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