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Tillerson says no 'imminent threat' from North Korea
13 August 2017, 06:37 | Terri Saunders
Tillerson says no 'imminent threat' from North Korea
Defense Secretary James Mattis said during a August 11 press conference that a war with North Korea would be "catastrophic".
Trump did do something: The president issued a memorandum in January ordering a review of America's nuclear arsenal to ensure it is "modern, robust, flexible, resilient, ready, and appropriately tailored to deter 21st-century threats and reassure our allies".
The United Nations says Secretary-General Antonio Guterres is "troubled" by the escalating rhetoric from all sides in the North Korea nuclear dispute.
'But of course if North Korea decides to carry out some of its violent threats, then obviously bad consequences will follow, and there's no point ducking that inevitable outcome, ' he said, promising Australian military support for the United States if it was attacked.
Dujarric says Guterres welcomed the U.N. Security Council's adoption last Saturday of a resolution imposing new sanctions on North Korea, including banning any coal, iron lead and seafood exports, and is urging all U.N. member states to implement it. His comments punctuate President Donald Trump's warning that North Korea will be met with "fire and fury" if it threatens the U.S.
The State Department is holding a briefing a day after it was revealed North Korea has miniaturized nuclear warheads for use in ballistic missiles, leading to an exchange of threats between the US and the Kim Jong Un regime. "Let's see what he does with Guam", Trump said in apparent reference to North Korean leader Kim Jong Un.
"Mattis says the tragedy of war is well known and "it doesn't need another characterization beyond the fact that it would be catastrophic".
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Wilmar International slipped 6.4 per cent or 22 cents to $3.20; Hongkong Land lost 2.1 per cent or 16 U.S. cents to US$7.34. The major index futures are now pointing to a modestly higher open for the markets, with the Dow futures up by 21 points.
The Northern Viper drills are one of the scheduled exercises that Japan's Self Defence Forces conducts regularly with their US counterparts and are not a response to the latest tensions.
In a lengthy exchange with reporters at his Bedminster golf resort, he said past administrations had not done enough to take on North Korea and that it was time a president "stuck up for the country". "The whole of the Security Council has come together behind that, and I think that we should see the President's public comments as one of the strands, one of the many strands of USA activity".
United Nations spokesman Stephane Dujarric says Guterres "welcomes all initiatives that will help de-escalate the tensions and a return to diplomacy".
On Thursday, U.S. and Japanese troops began an 18-day live fire exercise on the northern Japanese island of Hokkaido, which was to include rocket artillery drills and involve 3,500 troops.
If carried out, it would be the North's most provocative missile launch to date.
"China should make clear that if North Korea launches missiles that threaten USA territories and triggers US retaliations, China will stay neutral".
The United States and South Korea remain technically still at war with North Korea after the 1950-53 Korean conflict ended with a truce, not a peace treaty.
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US Secretary of State Rex Tillerson sought to calm tensions after Trump's remarks, saying "Americans should sleep well at night". Chinese government-backed scholars said Beijing is deeply concerned about the latest statements from Trump and North Korea.
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The Nasdaq Composite, meanwhile, was facing its worst week since the one ended December 2, which logged a loss of just over 2%. Investors await the headline U.S.consumer inflation data for July for more clues about future Fed decisions.