President Donald Trump on Thursday signed an executive order placing new sanctions on North Korea, as the U.S. continues to pressure the rogue nation to cease its development of nuclear weapons.
The president revealed during an event with Japanese Prime Minister Shinzo Abe and South Korean President Moon Jae-in, that the new order would expand the U.S.'s ability to target both individuals and companies that conduct business with the Kim Jong Un-led nation.
“The brutal North Korean regime does not respect its own citizens or the sovereignty of other nations,” Trump said. “A new executive order will cut off sources of revenue that fund North Korea's efforts to develop the deadliest weapons known to humankind.”
Some speculated whether or not China, North Korea's largest trade partner, would be impacted by the order, but Trump clarified that it “targets only one country — that country is North Korea.”
Trump hitting North Korea with more sanctions is the latest development in the ongoing conflict with Kim Jong Un. During his speech at the United Nations on Tuesday, the president threatened to “totally destroy North Korea” if he needed to.
“Rocket Man is on a suicide mission for himself and his regime,” Trump added.
According to reports, North Korea has warned that it will accelerate its nuclear plans if the U.S. and its allies impose more sanctions.
Watch video of the event below, via the White House.