Japan PM Regards Trump’s Handling of North Korea

Japanese Prime Minister Shinzo Abe praised the Trump administration’s tough stance on North Korea as he warned of growing threats from the rogue nation on Monday.

In an exclusive joint interview with CNBC and Broadcasting Satellite Japan, Abe welcomed President Donald Trump’s approach on curbing North Korean nuclear aggression in light of failures by previous U.S. administrations.

“President Trump says all options are on the table. He is demonstrating this position both by words and by action. We regard this highly,” he said.

Earlier on Monday, Pyongyang announced that it had successfully conducted yet another ballistic missile test over the weekend. The launch was designed to assess whether the newly developed mid-to-long range rocket was capable of carrying a large-scale heavy nuclear warhead, according to North Korea’s state-owned media.

The Japanese PM also acknowledged North Korea’s technological advancement following the pariah state’s latest missile test.

“It is indeed very clear that the threat posed by North Korea’s missile and nuclear program is now entering into a new stage. That is our recognition,” Abe said.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza