US Will Not Lift Economic Sanctions on NKorea Yet.

US Will Not Lift Economic Sanctions on NKorea Yet.

Thursday, President Trump said, “…not the right time to lift economic sanctions on NKorea”

“At the right time I would have great support. This is not the right time,” President Trump said during an Oval Office meeting with SKorean President Moon Jae-In, after he was asked about re-opening the industrial park. President Moon has advocated for inter-Korean economic projects.

President Moon has made encouraging the nuclear talks between NKorea and the US a central focus of his presidency.

President Trump did say that another Summit with Chairman Kim “could happen” and that he and President Moon would discuss the possibility during their meeting.

When asked if he’s considering removing sanctions that have crippled NKorea’s economy, an explicit request from the country’s leader, Kim Jong Un, in order to continue talks, President Trump said the US is considering providing humanitarian aid.

The White House has said it would not roll back any of the economic sanctions imposed on NKorea until the country completely and verifiably dismantles its nuclear weapons program.

President Trump’s reluctance to authorize the reopening of the industrial complex could prove another political setback, and further chill negotiations with Pyongyang.

President Trump has pointed to NKorea’s freeze on military testing as evidence his strategy is successful.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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