Trump says to put more sanctions on N. Korea

Posted September 24, 2017

People around the world have their eyes glued to the tussle between the US and North Korea.

For more on the real economic impact in China of sanctions on North Korea, see this piece (paywall) in Bloomberg Businessweek.

Trump asserted that North Korea's reckless pursuit of nuclear weapons threatens entire world with enormous loss of human life.

Earlier on September 18, US President Donald Trump mocked Kim by calling him "Rocket Man". "In case innocent lives of the U.S. are harmed because of this suicide attack, Trump will be held totally responsible". Japan, the only country to suffer an atomic attack, called the North Korean threat to conduct an atmospheric test "totally unacceptable".

"It could be a natural quake that really was man-made as the nuclear test would have transferred a lot of stress", he said.

CTBTO said Executive Secretary Lassina Zerbo said in a Twitter post that the group detected two seismic events on Saturday.

China's official Xinhua news agency said the epicentre was roughly at the same place as a similar shallow quake on 3 September, which turned out to be caused by North Korea's sixth and largest nuclear test.

Two South Korean officials at the Korea Meteorological Administration told CNN that their analysis so far suggests Saturday's seismic activity around the nuclear site was not caused by an explosion or a collapse of the site.

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Park Jong-shin, an analyst for the agency, agreed the latest earthquakes could have been closely related to the sixth nuclear test.

The council has told member countries to ban most activity overseas by North Korea's banks in response to its nuclear and missile tests.

Trump said the United States would "totally destroy" North Korea if it threatened the United States or its allies.

Kim said the North would consider the "highest level of hard-line countermeasure in history" against the United States and that Trump's comments had confirmed his own nuclear programme was "the correct path".

Asked Thursday about new punishment for the North, Trump said: "We will be putting more sanctions on North Korea".

President Trump and North Korean leader Kim Jong Un spent the past week trading insults and ratcheting up the already-high tension between the countries.

Trump confirmed the move in response to a reporter's question on the sidelines of the UN General Assembly, but he did not specify when the new measures would be enacted or what they will entail.

Trump didn't call out Russian Federation by name in his speech to the United Nations on Tuesday, though he did obliquely criticize the Kremlin's occupation of Crimea, saying: "We must reject threats to sovereignty from the Ukraine to the South China Sea".

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"This new executive order will authorize Treasury to impose a range of sanctions such as suspending US corresponding account access to any foreign bank that knowingly conducts or facilitates significant transactions tied to trade with North Korea", Mnuchin said, but will only apply only to future behavior.

He added that he is "thinking hard" about his response and that Mr Trump "will face results beyond his expectation".

"The fire roughnecks who enjoy playing with fire, will die in fire", the news agency said.

North Korea has been working on developing missiles that can reach the United States and its allies and pair them with a miniaturized nuclear warheads. The sale of natural gas will be prohibited and refined petroleum sales will be capped at 2 million barrels annually.

Media captionHow would war with North Korea unfold?

He added, "The president obviously takes the responsibility of the security of the American people very seriously".

He said: "We can't have madmen out there shooting rockets all over the place".

However, the rhetoric was starting to rattle some in the worldwide community.

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