President Donald Trump will travel to Asia in November as he tries to curb North Korean aggression and potentially rework trade deals.
The president will go to Japan, South Korea, China, Vietnam and the Philippines, as well as Hawaii, during the Nov. 3 to Nov. 14 trip, the White House said in a statement Friday.
“The president’s engagements will strengthen the international resolve to confront the North Korean threat and ensure the complete, verifiable and irreversible denuclearization of the Korean Peninsula,” the statement said.
The White House said Trump will also “emphasize the importance of fair and reciprocal economic ties with America’s trade partners.”
The president, along with the leaders of Japan, South Korea and China, have looked to apply economic pressure on Pyongyang to get the communist dictatorship to abandon its nuclear and missile programs. The United States this week putnew sanctions on banks and individuals tied to North Korea’s financial system. Those measures follow multilateral sanctions unanimously applied by the United Nations Security Council, including China and Russia.
Trump has repeatedly pushed China, North Korea’s only major ally, to do more to cut off the rogue regime financially. The country’s central bank this month told its banks to more strictly enforce U.N. sanctions, earning praise from Trump.
via CNBC
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.
Alfonso Esparza