Colbert, Kimmel consider ramifications of summit between President Trump and Kim Jong Un

Jayme Deerwester | USA TODAY

The invitation by North Korean leader Kim Jong Un to engage in face-to-face talks with President Trump was big news Thursday. So big in fact, that late-night hosts went out of their way to incorporate it into that night's shows.

The Late Show With Stephen Colbert

Colbert actually went back and taped a new segment after wrapping Thursday's episode.

After (Trump)'s big tariff announcement," he explained, "he announced that there was going to be big news on North Korea and we just got it. Kim Jong-Un extended an official invitation to meet Trump."

If that happens, he would be the first U.S. president to meet a North Korean leader face-to-face.

Colbert let the idea sink in for a moment before speaking: "This can only mean one thing: Dennis Rodman is going to get the Nobel Peace Prize!"

He added, "We don't know all the details yet but because North Korea is an economically starved country, the invitation is BYO everything."

He also noted North Korea's declaration that they would suspend nuclear tests during the talks.

"That's progress!" he exclaimed. "North Korea has gone from 'we'll blow up Guam' to 'we pinky-swear not to blow up Guam for a few days.' "

Colbert noted that the two delegations are aiming to meet by May, which means "we'll finally figure out who has a bigger button."

Jimmy Kimmel Live

Kimmel noted the significance of Kim Jong Un extending an olive branch to Trump: "It's a really big deal because olive branches are really all they have to eat there."

The ABC host also shared behind-the-scenes details regarding the White House's announcement.

"The president was very excited — so excited, in fact, that he went into the White House press room, where he'd never gone before, to tell reporters off the record," Kimmel explained. They were like, 'We can't do it off the record — we're in the press room.' Then he announced that there would be a major announcement, without even telling his own staff. They were caught off guard — again. He's like the uncle you know will blow a surprise story if you tell him about it."

He did express some concerns about the timeline, though: "By May?!?" Kimmel asked incredulously. "He's not still going to be president by May! This needs to happen by Wednesday."

Practicalities and Russia investigations aside, he was fascinated by the notion of Trump and Kim Jong Un in the same room: "The two worst haircuts in the world, together!"

Kimmel was also confident that the two leaders would hit it off immediately: "They'll be golfing together, sharing a bucket of chicken. Maybe Kim Jong Un will be the next host of Celebrity Apprentice."