TheCable

President Donald Trump has issued a new executive order banning all trade relations with North Korea.

The new order is coming two days after Trump said the US might have no choice but to “totally destroy” North Korea if it did not cease its production and testing of nuclear weapons.

Trump said the order would cut the financial flow to North Korea, hence inhibiting its ability to produce the “deadliest weapons known to humankind.”

“Let me announce to you a new executive order signed that significantly expands our authorities to target individuals whose companies, financial institutions, finance and facilitate trade with North Korea,” Trump said.

“As I outlined in my address to the United Nations General Assembly, North Korea’s missile and nuclear development is a great threat to peace and security in our world and it is unacceptable that others financially support this criminal rogue regime.

“The brutal North Korean regime does not respect its own citizens with the sovereignty of other nations.

“A new executive order will cut off sources of revenue that fund North Korea’s effort to develop the deadliest weapons known to humankind.

“The order enhances the treasury department authorities to target any individual or entity that conducts significant trade in goods, services or technology with North Korea.”