In a statement issued through the Korean Central News Agency, Pyongyang -- North Korea's largest city -- threatened "thousand-fold" revenge against the United States for recent sanctions imposed upon the despotic nation by the United Nations. The sanctions -- which impacted multiple industries, including coal, seafood, iron, and lead -- are costing the small nation over $1 billion from its export industry. Lately, anti-North Korean rhetoric has been heating up in the United States in response to recent ICBM tests conducted by the Asian nation. The latest such test indicated that the beleaguered nation is capable of launching a warhead that could reach the interior of the United States and beyond the West Coast.

Trump responds to UN Sanction vote

Meanwhile, President Donald Trump responded to the United Nations' (UN) sanctions on Twitter. In his tweet, the President acknowledged the unanimous UN vote for sanctions (150-0). Trump then stated that the sanctions would have a "severe financial impact" on North Korea, according to ABC News.

Tillerson's predictions

Speaking at the United Nations summit in Manila, Secretary of State Rex Tillerson predicted that “We’ll know it when we see it," when asked how long North Korea would have to curtail its missile tests before talks could be initiated, according to ABC News. Tillerson added that America's participation in such talks largely is dependent upon North Korea's attitude.

While acknowledging that the United States would like to participate in talks, Tillerson emphasized that it is not just a "simple" matter of "Give me 30 days and we are ready to talk," according to ABC News.

North Korean view of the sanctions

In its statement, Pyongyang asserted that the UN sanctions are a "violent infringement of its sovereignty." Pyongyang further emphasized that, as they see it, the UN sanctions are indicative of a "heinous U.S.

plot to isolate and stifle" North Korea, according to ABC News. The statement further emphasized that North Korea will not be "shaken" and will not "change its position" because of sanctions that could paralyze that nation's major industries by at least one-third.

U.S. is the villain

In a statement issued at the International Summit in Manila, North Korean spokesperson Bang Kwang Hyok asserted that the United States is the "villain" in the ongoing dispute over North Korea's nuclear missile program. Hyok continued, stating that their nuclear program "never will be up for negotiation," and that the small nation will "never give way in the path of nuclear development," according to ABC News.