North Korea conducted a missile test on Saturday, taking off from Pukchang, South Korean media reported. The missile, supposedly a Pukguksong scud, is the same missile which was tested on the 16th, and was the second failed test this month (Yonhap*).
The test comes as saber rattling has made he situation tense. In past week, THAAD made its way to Seongju, Trump called on Korea to pay $1 billion for the system and said withdrawal from the KORUS FTA is a possibility, North Korea released a cryptic propaganda video, and, earlier today, Rex Tillerson reiterated that all options are on the table but a diplomatic solution is favorable. Korea is also in the throngs of a election cycle which may drastically shift the political leanings of the Blue House.
So far their is no statements regarding the missile test. The UN is likely to condemn the test, as Trump will. Other nations will likely join in the condemnation. China is likely to continue a push for restraint while attempting to coax Pyongyang to give up its missile and nuclear programs.