'Do not underestimate us' Trump tells North Korea

Conor Coyle WebFG News | 08 Nov, 2017 15:52 | | |


US President Donald Trump has warned North Korea and its leader Kim Jong-un to "not underestimate" his administration, and also called on Russia and China to sever economic ties with the regime.

Trump made a speech at the South Korea National Assembly in Seoul on Wednesday, following a conference in which he urged Pyongyang to begin talks about denuclearisation.

He said that it would be a "fatal miscalculation" for North Korea to believe that his government would adopt the same attitude as its predecessors.

"Every step you take down this dark path, increases the peril you face," Trump said.

"The regime has interpreted America's past restraint as weakness, this would be a fatal miscalculation. This is a very different administration."

Trump added in a direct command to Pyongyang: "Do not underestimate us, and do not try us."

Having already travelled to Japan, Trump will also make stops in China, Vietnam and the Philippines on his tour of Asia, where the key themes will be how to deal with Korea and trade policy.

In response to Trump’s speech, the regime said it would no longer listen to Trump’s comments.

"We don't care about what that mad dog may utter because we've already heard enough," North Korean officials told CNN.

More news

00:20 US close: Wall Street mixed ahead of Thanksgiving holiday

Wall Street finished mixed on Wednesday, following the record highs set the day before and amid lighter-than-usual trading volumes ahead of the Thanksgiving holiday on Thursday.

22 Nov Jefferies upgrades Kingfisher to 'buy', raises target price

Analysts at Jefferies upgraded home improvement products retailer Kingfisher (KGF) to 'buy' from its previous 'hold' rating on Wednesday, raising its target price from 310p to 400p along the way.

22 Nov Europe close: German stocks give back gains amid political impasse

Stocks ended the session modestly lower as traders waited for the release of the minutes of the US Federal Reserve's last rate-setting meeting in the evening and monitored the news-flow out of Germany, amid speculation that a 'grand coalition' between Germany's two main political parties, the centre-right CDU/CSU and the Socialist SPD, may yet be possible.

22 Nov Lebanon prime minister Hariri retracts resignation

Saad al-Hariri has revoked his resignation as Lebanon's prime minister, according to a local news report on Wednesday.

22 Nov Budget: Planning probe spooks builders, mixed reaction for stamp duty cut

A range of new housing policies were proposed by Chancellor Philip Hammond in his Budget statement, including more funds for smaller housebuilder, a probe into potential holding of land by major housebuilders and a stamp duty cut for first-time buyers.

22 Nov US open: Shares hold ground ahead of FOMC minutes

Wall Street is holding its ground following the record highs set the day before, albeit amid lighter than usual trading volumes ahead of the Thanksgiving Holiday on Thursday, with investors looking to the release of the minutes of the most recent meeting of the Federal Open Market Committee.

22 Nov London close: Stocks higher on UK budget

Shares closed higher on Wednesday as investors sifted through corporate releases as well as the Autumn Budget.

22 Nov FTSE 250 movers: Qinetiq boosted by Berenberg note as Thomas Cook tanks

The FTSE 250 index was up around 0.50% on the day in which Chancellor Philip Hammond revealed his budget for the upcoming year.

22 Nov Higher margins offset declining sales volumes at Cambria

Motor dealer Cambria Automobiles managed to successfully grow profit and revenue throughout the financial year, as per-unit profits counteracted a slide in sales volumes.

22 Nov First production at Texas asset transforms Pantheon Resources into full-cycle energy and power business

Oil and gas exploration firm Pantheon Resources announced "another year of progress" in its full-year results on Wednesday, as it completed the transition from a pure-play exploration company to a full-cycle energy and power business.