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The UN Security Council unanimously imposed new sanctions on North Korea on Saturday, slashing by a third its $3 billion annual export revenue in retribution for Pyongyang’s two July intercontinental ballistic missile tests.

The US-drafted resolution bans North Korean exports of coal, iron, iron ore, lead, lead ore and seafood.

President Trump tweeted his approval Saturday night.

“United Nations Resolution is the single largest economic sanctions package ever on North Korea. Over one billion dollars in cost to N.K.’’

“We should not fool ourselves into thinking we have solved the problem. Not even close,” America’s UN Ambassador Nikki Haley told the council.

“Further action is required. The United States is taking and will continue to take prudent defensive measures to protect ourselves and our allies,” she said.

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