Head of United States armed forces to hold talks in Seoul

"We can not have a war on the Korean peninsula ever again", he said. 'So I want all South Koreans to believe with confidence that there will be no war'.

Suh said North Korea is likely to continue provocations, including nuclear tests, but did not see a big risk of the North engaging in actual military conflict. Last week, Pyongyang said it is considering striking areas around Guam using intermediate-range missiles.

Following Trump's vow to unleash "fire and fury" on North Korea, Kim's regime threatened to fire four Hwasong-12 missiles over Japan into waters near Guam, home to United States military bases in the region.

Mr Trump wrote: "The alternative would have been both catastrophic and unacceptable!" "I will prevent another war at all cost", Moon said.

U.N. Secretary-General Antonio Guterres says tensions on the Korean peninsula are at their highest level in decades and it's important "to dial down the rhetoric and to dial up diplomacy".

South Korea's credit default risk has hit an 18-month high amid saber-rattling between the U.S. and North Korea over the latter's weapons program, data showed on August 16. A spokesman for the centrist People's Party criticized Moon's comments in Thursday's news conference, arguing that "Korea passing" - the feared sidelining of Seoul on the North Korea issue - is becoming a reality under his watch. The US has 28,500 troops in South Korea.

"The people worked together to rebuild the country from the Korean War, and we can not lose everything again because of a war", Moon said in a nationally televised news conference.

During that period, the U.S. also deployed a strike group, including the nuclear-powered aircraft carrier USS Carl Vinson, to the region, saying that it would counter "reckless acts of aggression" with "whatever methods the USA wants to take".

Pyongyang says it needs nuclear weapons to defend itself from possible invasion by its "imperialist enemy" the U.S. and has long sought to develop a nuclear-tipped missile capable of hitting the United States mainland.

"The U.S. sought to put maximum pressure and sanctions through the latest U.N. Security Council resolution", the South Korean leader said.

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"Under the right conditions, I will also go to Pyongyang".

But since coming to power his gestures have been rebuffed by Pyongyang, and he played down the urgency of dialogue.

"I am confident that the U.S. will respond to the current situation in a calm and responsible manner in line with our policy direction".

For talks to take place, he said, "there must be a guarantee that it will lead to a fruitful outcome".

Meanwhile, China has signalled it will halt iron, iron ore and seafood imports from North Korea starting on Tuesday, following the United Nations resolution on sanctions.

Only then could Seoul consider sending an envoy to the North, he added.

During his nationally televised address, President Moon said North Korea's development of nuclear weapons technology was "nearing" a red line, which he described as "completing an ICBM and weaponizing it with a nuclear head".

In the case of a "new provocation, it will face even tougher sanctions and not be able to survive there. I want to warn North Korea to do no more risky gambling", added Moon.

Moon has repeatedly said he wants to engage with the North, but his efforts have so far been met with a string of threats and missile tests as North Korea's leader Kim Jong-un works to build nuclear-armed missiles that can reach the United States mainland.

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