In a diplomatic gamble, President Trump is seeking to enlist China as a peacemaker in the bristling nuclear-edged dispute with North Korea at the very moment he plans to ratchet up conflict with Beijing over trade issues that have animated his political rise.
CNBC's John Harwood and Ylan Mui report the highlights of Treasury Secretary Steven Mnuchin's comments on sanctions against a Chinese bank and individuals for facilitating financial transactions for North Korea.
Kevin Mallory, 60, was arrested by the FBI at his home in Leesburg, Virginia, on Thursday and brought to federal court in Alexandria to face preliminary charges of espionage and lying to federal officers.
U.S. Treasury Secretary Steven Mnuchin emphasized the Trump administration's excitement after the U.S. and China announced a series of trade measures aimed at improving the trade balance between Washington and Beijing.
by Gerry Mullany, Chris Buckley, David Sanger | The New York Times
China warned on Friday that tensions on the Korean Peninsula could spin out of control, as North Korea said it could test a nuclear weapon at any time and a United States naval group neared the peninsula — an American effort to sow doubt in Pyongyang over how President Trump might respond.