The United States is considering, in addition to other options, stopping all trade with any country doing business with North Korea.— Donald J. Trump (@realDonaldTrump) September 3, 2017
LA Times: Trump tweets that U.S. might end trade with countries doing business with North Korea
President Trump and his national security advisors planned to meet Sunday to discuss options after North Korea's weekend test of what it claimed was a hydrogen bomb.
White House Press Secretary Sarah Huckabee Sanders said in a morning statement that the president was monitoring the situation closely.
Trump later suggested in a tweet that he would consider blocking trade with countries doing business with Pyongyang — a threat principally aimed at China, which is North Korea's chief trading partner.
Read more ....
WNU Editor: Both the U.S. and Japan want the Chinese (and to a lesser degree Russia) to stop doing this .... China’s Oil Lifeline to North Korea Targeted After Nuclear Blast (Bloomberg). Unfortunately .... the Chinese have already made it very clear that they they are not going to do this .... China reluctant to press North Korea with further sanctions, seeks more from West (Japan Times/Reuters) .... hence talk from President Trump of a trade embargo and sanctions. My prediction .... expect U.S. sanctions against Chinese companies and banks that do business with North Korea to escalate, followed by tariffs and other economic measures. As for full blown sanctions on Chinese banks and companies .... this is why it will be devastating .... The US could end up crippling the world's largest banks as it takes on North Korea (CNBC).
More News And Analysis On President Trump 's Tweet That The U.S. May End All Trade With Countries That Do Business With North Korea
US takes aim at N. Korean trading partners -- Mercury News/AP
Trump Considering Embargoing China Over North Korea -- Forbes
China says Trump's threat to cut trade over North Korea is 'unfair' -- SKY News
China says Trump’s trade threat over N. Korea ‘unacceptable’ -- ABC News/AP
China’s Global Times Warns Against Cutting off North Korea Oil Supply -- The Wire
'Unacceptable': China slams Trump's threat to end commerce with N. Korea's trade partners -- RT
A closer look at which countries trade with North Korea -- DW
Which Countries Trade With North Korea? -- Fortune
Who Trades With North Korea and What Can Trump do About it? -- Newsweek
Trump's empty trade threats weaken US hand over North Korea -- CNNMoney
Trump will be ‘deposed immediately’ if he blocks trade with China over N. Korea – Assange -- RT
'Ultimate sanction' - Will cutting off oil bring North Korea to its knees? -- DW
Why Donald Trump warning to North Korean trade allies could be a big blow to China -- Financial Express
Trump's South Korea Trade Talk Is Just That -- Shelly Banjo, Bloomberg
How Would President Trump's Trade Response To North Korea Work? -- NPR
What if Trump cut ties with North Korea's trade partners? -- Karishma Vaswani, BBC
Trump Can’t Stop Trade With North Korea. But He Does Have Options. -- NYT
