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Trump Predicts ‘Very Rough’ Phase If North Korea Sanctions Fail

  • Issues new sanctions targeting shipping and trading companies
  • Sanctions aimed at pressuring Kim Jong Un’s nuclear program
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U.S. Treasury Secretary Steven Mnuchin outlines new sanctions against North Korea.(Source: Bloomberg)
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President Donald Trump said Friday it may be “very, very unfortunate” for the world if U.S. sanctions fail to stop North Korea’s nuclear weapons program, as he imposed the largest U.S. penalties package yet against the rogue regime.

“Phase 2 might be a very rough thing,” if the sanctions don’t succeed, Trump added at a joint press conference Friday with Australian Prime Minister Malcolm Turnbull. “If we can make a deal it will be a great thing and if we can’t, something will have to happen. So we’ll see.”