Reuters reports: U.S. President Donald Trump said a “major, major conflict” with North Korea was possible over its nuclear and ballistic missile programmes, while China said the situation on the Korean peninsula could escalate or slip out of control.

Trump, speaking to Reuters on Thursday, said he wanted to resolve the crisis peacefully, possibly through the use of new economic sanctions, although a military option was not off the table.

“There is a chance that we could end up having a major, major conflict with North Korea,” Trump said in an interview at the Oval Office.

“We’d love to solve things diplomatically but it’s very difficult,” he said, describing North Korea as his biggest global challenge.

Chinese Foreign Minister Wang Yi said there was a danger that the situation on the Korean peninsula could escalate or slip out of control, his ministry said.

Wang made the comments in a meeting at the United Nations with a Russian diplomat on Thursday, the ministry said in a statement. [Continue reading…]