The European Union says it has slapped sanctions on nine North Koreans and four entities including the state-owned Foreign Trade Bank, in addition to those already on its sanctions list.
In response to North Korea's tests of an Intercontinental Ballistic Missile (ICBM) that could reach the USA mainland as far as Chicago and NY, the United Nations last week imposed the most severe restrictions so far aimed at curbing the country's vital export income.
The UN Security Council tightened sanctions against North Korea for the missile tests carried out by the country on Saturday. The EU has a policy of critical engagement towards North Korea and its goals are to support a lasting diminution of tensions on the Korean peninsula and uphold the global non-proliferation regime.
Asset freezes and travel bans have been increased steadily as the nation has repeatedly violated United Nations resolutions on its nuclear and ballistic missile programs.
The EU has long trumpeted that its sanctions against the DPRK are "among the most restrictive in operation", nonetheless, the bloc insisted on solving the Korean Peninsula issue through peaceful means.
On Tuesday, Trump issued a controversial warning to the DPRK, saying that threats from the country would be met with "fire and fury like the world has never seen".
Kim will "truly regret it and he will regret it fast" if he utters an overt threat at Guam or any territory belonging to the USA or its allies, Trump added.