Mnuchin on N. Korea: Sanctions Work and ‘Economic Warfare Works’ to Deter Them

EXCERPT:

MNUCHIN: "These sanctions work. They worked with Iran. The President and I fundamentally believe that we had Iran on the 5-yard line and we could have cut a better deal, that a ten-year deal was not good enough on Iran. And in North Korea, economic warfare works. I made it clear that the President was strongly considering and we sent a message that anybody that wanted to trade with North Korea, we would consider them not trading with us. We can put on economic sanctions to stop people trading. We worked very closely with the U.N. I’m very pleased with the resolution that was just passed. This is some of the strongest items. We now have more tools in our toolbox and we will continue to use them and put additional sanctions on North Korea until they stop this behavior.”