POTUS Trump: Sanctions Against North Korea ‘Nothing Compared to What Will Have to Happen’ (Video)
Tuesday, the President stated that the latest UN sanctions leveled against North Korea were only a small step and ultimately nothing compared to what is going to have to happen to deal with the North Korean nuclear threat.
In a unanimous vote, the UN Security Council decided to boost their sanctions against the Hermit Kingdom on Monday. The profitable textile exports from North Korea have been banned and their fuel supplies have caps applied to them – this prompted a threat of retaliation against the U.S.
Monday’s resolution was the NINTH since 2006 following North Korea’s sixth nuclear test this last month, which also happened to be its largest.
The draft the U.S. initially worked on was much tougher, but to win support from China and Russia – who both hold the power of veto in the council – the U.S. weakened the resolution. The U.S. stopped short of proposing a full embargo on oil exports to the country, which would have affected China’s bottom line as most of that oil comes from China.
Trump told reporters at the start of a meeting with Malaysian Prime Minister Najib Razak that he was pleased Malaysia no longer did business with North Korea, before adding that he had just discussed the U.N. vote with Secretary of State Rex Tillerson.
”We think it’s just another very small step, not a big deal. … I don’t know if it has any impact, but certainly it was nice to get 15-to-nothing vote.
”But those sanctions are nothing compared to what ultimately will have to happen,” he said without elaborating. Trump has vowed not to allow North Korea to possess a nuclear missile capable of hitting the United States.
U.S. Treasury Secretary Steven Mnuchin told a conference earlier on Tuesday that if China did not follow through on the new sanctions, “we will put additional sanctions on them and prevent them from accessing the U.S. and international dollar system.”
Washington so far has mostly held off on new sanctions against Chinese banks and other companies doing business with North Korea, given fears of retaliation by Beijing and possibly far-reaching effects on the world economy.