Trump also revealed that Chinese President Xi Jinping ordered the Chinese central bank to cease all transactions with North Korea.
As North Korea’s chief economic sponsor, China has significant leverage over the communist country.
The Washington Post reports:
China is North Korea’s chief ally and economic lifeline. Some 90 percent of North Korean economic activity involves China, and Chinese entities are the main avenue for North Korea’s very limited financial transactions in the global economy. China is also suspected of turning a blind eye to some of the smuggling and sanctions-busting operations that have allowed Pyongyang to rapidly develop sophisticated long-range missiles despite international prohibitions on parts and technology.”
Crippling economic sanctions could force North Korea to the bargaining table where a peaceful resolution would include Pyongyang giving up its nuclear weapons.
We will keep you up to date on any new developments in this story.
While hoping they will assist, we should remember: there would be no North Korea but for China’s invasion of Korea in Fall 1950. I suspect a major driver was the chilling thought of healthy, prosperous Koreans all along the south bank of the Yalu.
If push comes to shove instead of sending our young men and women over there to get killed we should just nuke the whole damn country as over the years they have cost us many thousand young people and hundreds of billion dollars. Enough already.
What WOULD happen if we nuked ’em?… It would likely start a chain reaction resulting in WWIII. It may make every other nation (like Russia, China, etc.) fear Trump’s finger on the little red button, and what if he targeted THEM next? They don’t exactly have a running history of levelheadedness that I would trust them to NOT attack us first.
MacArthur wanted to nuke North Korea over sixty years ago. Truman stopped him for fear of upsetting North Korea’s protector, China. North Korea has been emboldend to make its blustering threats ever since.
Mr Trump may be doing it right but I’m kind of a different cat. I say its time to drop the leaflets. They should provide the following ” we advise you in North Korea we want you to be free and live like your brothers and sister in SK. You now have 30 days to find safe spaces all away from Military and Nuclear sites. We will help you rebuild after the Annihilation” Twilight’s last gleaming is coming!
He may not be right in the head and should be taken seriously. What I don’t understand he lived in Switzerland for many years and was exposed to a great country with everything a person needs. Why could he not take some of that back to his country and develop NK to a 21 Century country?
Un is a menacing thug! Don’t accept his threats, he is stupid enough to put something into action that could harm us or our allies. Clinton, Bush and Obozo did nothing but placate him. Trump won’t put up with his bullying…finally, a president with some guts! MAGA
He probably broke down and cried because his toys, his missiles, are now being put in storage and no more hand clapping,”Gee I’m great” smiles. “Okay you peasants Big smiles and loud hand clapping for your leader!”