President Donald Trump said that if the sanctions applied to North Korea "do not work", he will go "to phase 2," which "can be very hard."
"If sanctions do not work we will have to go to Phase 2. Phase 2 can be a very hard thing," Trump said at a joint press conference with Australian Prime Minister Malcolm Turnbull after his meeting at the White House.
The president pointed out that, if this scenario were to be reached, "it would be very, very unfortunate for the world."
However, Trump added: "I do not think I'll use exactly that letter."
The US government took another step in the pressure and isolation of North Korea by announcing what it called a "greater set" of economic sanctions against Pyongyang, centered on 27 shipping companies and 28 vessels that trade with the North Korean regime.
The complete list of countries where these ships or companies sanctioned by the Treasury Department are registered or registered are North Korea, China, Singapore, Taiwan, Hong Kong, the Marshall Islands, Panama, Tanzania and Comoros.
In a meeting with journalists, Treasury Secretary Steven Mnuchin explained that these sanctions "aggressively attack all illicit routes used by North Korea to evade sanctions, including decisive measures to prevent ships, shipping companies and other entities of the world work for the regime of North Korea. "
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