North Korea Fires Another, China US Trade Friction, Dollar Negative News
North Korea Fires Another, China US Trade Friction, Dollar Negative News by Greg Hunter – USA Watchdog
North Korea (NK) has done it again and has fired another ballistic missile over the top of Japan. NK is extremely upset over the latest round of sanctions unanimously approved by the U.N. Security Council. NK has reportedly threatened to “sink” Japan and “reduce the U.S. to ashes.”
Meanwhile, the U.S. wants China to enforce the latest round of sanctions put on North Korea. This week, Secretary of Treasury Steve Mnuchen threatened to cut China off from the dollar trading system if they do not get tough on NK. This could set off a financial war of massive consequences for the U.S. dollar as China holds an estimated $1 trillion of U.S. debt.