Sign up for a daily newsletter defining what matters in business and markets

Stories

Biggest threat to Trump’s America

This image, from a news bulletin aired today by North Korea's KRT, is said to show North Korea leader Kim Jong-un applauding after the launch of a Hwasong-14 (KRT via AP Video)

In their final conversations during the transition, Barack Obama issued a stark warning to Donald Trump: North Korea presents the most urgent, alarming, and bedeviling threat you will confront as head of the free world.

  • Today, North Korea showed why: The regime claims to have successfully tested a missile that could carry a nuclear bomb and hit Alaska (Update: U.S. officials now believe it may have been that type of missile; Secretary of State Tillerson condemns launch as "escalation.")
  • Trump's tweets: "North Korea has just launched another missile. Does this guy have anything better to do with his life? Hard to believe that South Korea ... and Japan will put up with this much longer. Perhaps China will put a heavy move on North Korea and end this nonsense once and for all!"
  • What North Korea said, via AP: "[T]he test of an ICBM — the Hwasong-14 — marked the 'final step' in creating a 'confident and powerful nuclear state that can strike anywhere on Earth.'"

This doesn't mean the United States faces an imminent threat, because intelligence suggests the regime is a ways from getting the technology right to shoot a missile with sufficient distance and nuclear capacity. But this is a huge deal and here's why, from the N.Y. Times:

"The missile looked like the longest-range missile that North Korea had ever tested, and its long flight time was 'more consistent with an ICBM that can target Alaska and perhaps Hawaii,' said Jeffrey Lewis, director of the East Asia Nonproliferation Program at the Middlebury Institute of International Studies."
"'Even if this is a 7,000-km-range missile, a 10,000-km-range missile that can hit New York isn't far off.'"

The path of the rocket, via an AP graphic:

AP

Go deeper: Axios Expert Voices charts five courses of action for the U.S. confrontation with North Korea.