scorecard
  1. Home
  2. stock market
  3. Treasury Secretary Steve Mnuchin pushes for more North Korea sanctions following its most powerful nuclear test yet

Treasury Secretary Steve Mnuchin pushes for more North Korea sanctions following its most powerful nuclear test yet

Maxwell Tani   

Treasury Secretary Steve Mnuchin pushes for more North Korea sanctions following its most powerful nuclear test yet
Stock Market2 min read

steve mnuchin

Fox News

Treasury Secretary Steve Mnuchin on "Fox News Sunday."

US Treasury Secretary Steve Mnuchin called for an additional round of sanctions on North Korea on Sunday following the test of the country's most powerful weapon yet. 

In an interview on "Fox News Sunday," Mnuchin said North Korea's test of what it claims was a hydrogen bomb was "completely unacceptable behavior."

"We've already started with sanctions against North Korea, but I'm going to draft a sanctions package to send to the president for his strong consideration," Mnuchin said.

He added: "People need to cut off North Korea economically."

Additionally, Mnuchin did not rule out implementing stronger regulations on Chinese companies and financial institutions that regularly interact with North Korea.

"China has a lot of trade with them, there's a lot that we can do to cut them off economically, much more than we've done already," Mnuchin said.

North Korea claimed that Kim Jong Un on Sunday inspected a hydrogen bomb that could eventually be mounted on an intercontinental ballistic missile.

Following news of the test, President Donald Trump chided China for refusing to cut economic ties with Noth Korea, and reiterated his hints at using potential military force to eliminate North Korea's weapons. 

 Watch the clip via Fox News:

READ MORE ARTICLES ON


Advertisement

Advertisement