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US calls for a vote on toughest-ever North Korea sanctions

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North Korea sanctions nothing compared to what will have to happen Donald Trump

"Instead of making (the) right choice with rational analysis, ".

"(They discussed) a firm and united reaction towards North Korea's repeated provocations as it is a threat to world peace and security", the Elysee Palace told CNN.

It said there was no way North Korea would "wait and let the United States feast on it".

The US-drafted sanctions resolution passed just one month after the Security Council chose to ban exports of coal, lead and seafood in response to North Korea's launch of an intercontinental ballistic missile (ICBM). Haley praised the "strong relationship" between President Donald Trump and Chinese President Xi Jinping for enabling the resolution's adoption.

Today, the UN Security Council is expected to vote on a draft resolution tabled by the USA to slap additional sanctions on North Korea.

Limits on imports of crude oil and oil products.

That would amount to a 10 percent cut in oil products, according to the US Energy Information Administration, which estimates annual exports to North Korea at almost 2.2 million barrels.

The revised text would ban textile exports from North Korea, but it scrapped demands for a full halt to payments of North Korean laborers working overseas.

Luckily, those negotiations and the tough decision to dilute the sanctions resolution paid off and the compromises were made to give everyone what they want - except Kim Jong-un, whose economy has now been neutered even further than it already had by the eight previous sanctions by the United Nations against the country.

A USA official, familiar with the council negotiations and speaking on condition of anonymity, said North Korea imports some 4.5 million barrels of refined petroleum products annually and four million barrels of crude oil. The Aug. 5 resolution aimed to slash by a third Pyongyang's $3 billion annual export revenue by banning coal, iron, lead and seafood. This accounts for most of North Korea's energy imports.

"In case the US eventually does rig up the illegal and unlawful "resolution" on harsher sanctions, the DPRK (Democratic People's Republic of Korea) shall make absolutely sure that the USA pays due price", the spokesperson said in a statement according to KCNA, Reuters confirmed.

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The comments Tuesday came as North Korea faced renewed criticism at the Geneva-based body of its recent ballistic missile and nuclear weapons tests. Crude oil trade is to be capped at current levels.

The US is calling for an oil embargo on Pyongyang, an assets freeze on leader Kim Jong-un, but also an end to textile exports and to payments made to North Korean guest workers.

The original USA draft would also have frozen the assets of North Korea's state-owned airline Air Koryo, the Korean People's Army and five other powerful military and party entities.

Nothing screams for the necessity of such a move like North Korea's response to the UN vote: On Tuesday, it warned that the United States would "suffer the greatest pain". It said the US would pay a heavy price if the sanctions proposed by Washington are adopted.

China's UN Ambassador Liu Jieyi cut short a visit with other council envoys to the African Union headquarters in Addis Ababa to return to NY and take part in negotiations on the draft text.

"This anniversary of the founding of our country is significant and comes just after we've had a successful H-bomb test", said Choe Sol Ju, another Pyongyang citizen who planned to later go on a family picnic.

"We don't worry very much", said another shop worker, Ri Jong Ok. Under the deal, Iran agreed to scale back its nuclear program in exchange for sanctions relief.

4 July: North Korea claimed it carried out its first successful test of an intercontinental ballistic missile (ICBM).

There is new political language in the final draft urging "further work to reduce tensions so as to advance the prospects for a comprehensive settlement" and underscoring "the imperative of achieving the goal of complete, verifiable and irreversible denuclearization of the Korean Peninsula in a peaceful manner".

"China and Russian Federation will likely object to these measures and insist on loopholes reducing their effectiveness", said Anthony Ruggiero, a senior fellow for the Foundation for Defense of Democracies and an expert in sanctions.

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