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Mnuchin: Executive order ready to sanction countries trading with N. Korea

Mnuchin: Executive order ready to sanction countries trading with N. Korea
© Keren Carrion

Treasury Secretary Steven MnuchinSteven Terner MnuchinOvernight Tech: Judge blocks AT&T request for DOJ communications | Facebook VP apologizes for tweets about Mueller probe | Tech wants Treasury to fight EU tax proposal Overnight Regulation: Trump to take steps to ban bump stocks | Trump eases rules on insurance sold outside of ObamaCare | FCC to officially rescind net neutrality Thursday | Obama EPA chief: Reg rollback won't stand Big tech lobbying groups push Treasury to speak out on EU tax proposal MORE says he has prepared an executive order for President Trump that would sanction nations trading with North Korea.

“If we don't get these additional sanctions at the [United Nations], as I mentioned over the weekend, I have an executive order prepared, that's ready to go to the president that will authorize to stop doing trade and put sanctions on anybody that does trade with North Korea,” Mnuchin told reporters on Wednesday.

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Mnuchin described “the North Korean situation” as “not acceptable” in comments that come after Pyongyang said over the weekend that it successfully tested a miniaturized hydrogen bomb that can be placed on an intercontinental ballistic missile. 

“It's very clear that the focus right now is at the U.N., putting additional sanctions,” Mnuchin said.

United States Ambassador to the U.N. Nikki HaleyNimrata (Nikki) HaleyHaley slams Palestinian president on peace process at the UN: 'We will not chase after you' Washington puts Ethiopia's human rights abusers on notice Palestinian diplomat: Trump ‘disqualified America’ from being sole broker in Middle East peace deal MORE called for the "strongest possible measures" in an emergency Security Council meeting and said the U.S. will circulate a resolution for a vote next week.