MarketWatch First Take: Why Trump’s latest North Korea threat is a bluff

In response to North Korea’s latest nuclear test, President Donald Trump on Sunday threatened to stop trading with any country that does business with the rogue nation.

The United States is considering, in addition to other options, stopping all trade with any country doing business with North Korea.

— Donald J. Trump (@realDonaldTrump) September 3, 2017

However, that threat is almost certainly bluster, as such a move would have massive economic repercussions for the U.S. as well as the global economy.

Why? In one word: China.

North Korea’s economy is relatively small — the 119th largest in the world, according to MIT’s Observatory of Economic Complexity — with $2.83 billion in exports and $3.47 billion in imports in 2015.

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