So does this mean that North Korea will be declaring war today ? They said that any action or sanctions by the U.S. would be considered an act of war !
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SEOUL (Reuters) - The United States has told South Korea it is preparing financial measures to punish North Korea for illicit weapons trade and counterfeit activities in the wake of its nuclear test last week, a newspaper report said on Friday.
North Korea has been ratcheting up regional tensions since it fired a long-range rocket over Japan in April, and on Thursday the hermit state put two female U.S. journalists on trial accused of illegally entering its territory with "hostile intent."
Plans to hit the North's finances were discussed during a four-day visit to Seoul by U.S. Deputy Secretary of State James Steinberg, the South Korean daily newspaper Chosun Ilbo said.
"The U.S. delegation led by Steinberg explained when visiting President Lee Myung-bak and others Washington's own sanctions against the North centered around financial sanctions," the paper quoted a presidential Blue House official as saying.
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