Fox News
In an interview on "Fox
"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:
North Korea has conducted a major Nuclear Test. Their words and actions continue to be very hostile and dangerous to the United States.....
- Donald J. Trump (@realDonaldTrump) September 3, 2017
..North Korea is a rogue nation which has become a great threat and embarrassment to China, which is trying to help but with little success.
- Donald J. Trump (@realDonaldTrump) September 3, 2017
South Korea is finding, as I have told them, that their talk of appeasement with North Korea will not work, they only understand one thing!
- Donald J. Trump (@realDonaldTrump) September 3, 2017