US warns China on trade with NKorea if it wants US trade

Image
AP United Nations
Last Updated : Jul 06 2017 | 2:32 AM IST
The US ambassador to the United Nations is warning China it risks its massive trade with the United States if its trade with North Korea violates UN sanctions.
Nikki Haley's remarks came in a hard-hitting speech to an emergency meeting of the Security Council following Pyongyang's successful launch of an intercontinental ballistic missile.
Haley says "the world has become a more dangerous place" and the US will use its "considerable military forces" to defend itself and its allies, but prefers to use trade.
She adds that "much of the burden of enforcing UN sanctions rests with China," which accounts for 90 per cent of trade with North Korea.
Haley said today that the Trump administration will work with China and other countries but will not repeat past "inadequate approaches.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 06 2017 | 2:32 AM IST

Next Story