Economics

Trump Says U.S. Will Label North Korea a State Sponsor of Terror

  • President says step ‘should have happened a long time ago’
  • Treasury Department will announce further sanctions Tuesday
Trump speaks about North Korea.Source: Bloomberg
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U.S. President Donald Trump said he is designating North Korea a state sponsor of terrorism, subjecting the regime to additional sanctions and reinforcing its status as an international pariah.

Speaking at the start of a cabinet meeting at the White House, Trump said the Treasury Department will announce additional measures Tuesday, describing the move against Kim Jong Un’s regime as “a very large one.”