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The Trump administration taking on N Korea and their Chinese sponsors. Good news for the world and a signal that America is not backing down from this security issue.
U.S. slaps new sanctions on N. Korean, Chinese firms
WASHINGTON — The Trump administration imposed new sanctions on a slew of North Korean shipping firms and Chinese trading companies Tuesday in its latest push to isolate the rogue nation over its nuclear weapons development and deprive it of revenue.
The Treasury Department also designated a North Korean corporation involved in exporting workers overseas. The action came a day after the United States returned North Korea to its list of state sponsors of terrorism.
"These designations include companies that have engaged in trade with North Korea cumulatively worth hundreds of millions of dollars," Treasury Secretary Steven Mnuchin said in a statement. "We are also sanctioning the shipping and transportation companies, and their vessels, that facilitate North Korea's trade and its deceptive maneuvers."
U.S. slaps new sanctions on N. Korean, Chinese firms
WASHINGTON — The Trump administration imposed new sanctions on a slew of North Korean shipping firms and Chinese trading companies Tuesday in its latest push to isolate the rogue nation over its nuclear weapons development and deprive it of revenue.
The Treasury Department also designated a North Korean corporation involved in exporting workers overseas. The action came a day after the United States returned North Korea to its list of state sponsors of terrorism.
"These designations include companies that have engaged in trade with North Korea cumulatively worth hundreds of millions of dollars," Treasury Secretary Steven Mnuchin said in a statement. "We are also sanctioning the shipping and transportation companies, and their vessels, that facilitate North Korea's trade and its deceptive maneuvers."
