Korean shares end lower on foreign selling amid tensions over N. Korea

The Korean won fell against the USA dollar.

Tensions between Pyongyang and Washington have been escalating due to North Korea’s tests of nuclear and inter-continental ballistic missile.

The McMaster-Chung call came after U.S. President Donald Trump on August 10 tweeted that “Military solutions are now fully in place, locked and loaded, should North Korea act unwisely“.

The drills, which are to take place between August 21 and 31, will begin without delay, the unnamed officials said on Friday, without elaborating.

“The US has a powerful anti-missile defense system off the coast of the Korean Peninsula… which may well intercept Pyongyang’s missiles”.

Previously, Seoul and Washington have described the “Ulchi-Freedom Guardian” drills as a deterrence against an aggressive North. “The US is a superpower, while North Korea is a small regional player”.

Just one week ago, US Secretary of State Rex Tillerson said during a briefing with the press, “We are trying to convey to the North Koreans: ‘We are not your enemy, we are not your threat.'” Tillerson added that the United States hopes that “at some point”, North Korea will understand and sit down for a dialogue.

On Thursday, the U.S. military launched another exercise in the region, teaming up with its Japanese counterparts.

“I’m concerned about a war”, said Jamison Trujillo of Wilmington. “I don’t know what they’re capable of, I don’t know how far their missiles reach, but this doesn’t sound good”.

According to the North’s plan, the move will see the missiles flying over Japan and landing some 30 or 40km from Guam’s shores. He explained: “The greatest North Korean threat we face is not from a nuclear-tipped missile hitting the United States mainland, but from Washington stumbling into an inadvertent nuclear war on the Korean peninsula”.

On Friday, the U.S. president again added fuel to the fire, saying that if Pyongyang “acts unwisely“, Washington has military solutions “locked and loaded“.