North Korea Threatens Unprecedented Suffering in Response to New UN Sanctions

North Korean woman works at the Kim Jong Suk Pyongyang textile factory in Pyongyang North Korea. This is the country's largest textile factory. North Korea will be feeling the pain of new United Nations

US Permanent Representative Nikki Haley, who proposed a virtual blockade of North Korea but agreed to the watered-down version after negotiations with China and Russian Federation, after the vote said that over 90 per cent of North Korea's exports were now banned when combined with earlier sanctions on iron ore, metals, seafood and coal exports. "This ban will eventually starve the regime of an additional $500 million or more in annual revenues", Haley said.

Although the new sanctions are the harshest yet, they could have been a lot tougher. "We think it's just another very small step, not a big deal", said Trump during a meeting with Malaysian Prime Minister Najib Razak in Washington.

"Hostile sanctions are like a delusion tantamount to expecting foolishly that the ocean would dry up", one official told CNN, while emphasizing that the government had not yet released an official response. "The consequences would be totally unpredictable and certainly dramatic for the people of the Korean peninsula, the region and most likely the world", she told MEPs.

China accounts for 90 percent of North Korea's external trade.

When the U.S. first circulated a draft resolution it called for a full ban on exports of oil to North Korea and an asset freeze on leader Kim Jong Un, the Worker's Party and the government of North Korea.

However, it bans North Korea from importing all natural gas liquids and condensates.

There had been lingering concerns about US President Donald Trump's isolationist policy and some raised doubt about US readiness to hit back North Korea in the absence of direct threat to the US mainland. The North Korean regime has not yet passed the point of no return.

"However, the hostile forces including the USA are going desperate to apply fresh sanctions and pressure on the DPRK while branding its successful H-bomb test as "threat" to peace and security and "challenge" to United Nations 'resolutions, '" the statement continues.

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Instead, the resolution caps refined oil imports at 2 million barrels and crude oil imports at their current levels.

The EU is now imposing a series of sanctions on North Korea, some at the initiative of an individual of the Union and some are committed to United Nations resolutions.

The resolution also calls for a ban on North Korea's textile exports - its largest export after coal and other minerals in 2016.

6 August: UN banned North Korean exports of coal, ore and other raw materials and limited investments in the country, costing Pyongyang an estimated $1bn - about a third of its export economy. There is also a limit on imports of oil and oil products and a ban on new visas for workers.

"The U.S. first circulated a draft resolution that called for a full oil embargo on North Korea in an attempt to win more leverage", the official Global Times said.

"We are not at the ceiling when it comes to sanctions against the DPRK". She said the USA would continue to act to disrupt North Koreas illicit activities wherever they are located.

Trump is likely to make a stop in China in November during his first official visit to Asia and Tillerson was due to hold talks later on Tuesday with China's most senior diplomat, State Councilor Yang Jiechi, at which details of the trip are expected to be discussed, US officials said.