Washington Post: Trump imposes new sanctions on North Korea, administration seeks to rally support for confronting Pyongyang
NEW YORK — President Trump on Thursday announced new financial sanctions targeting North Korea as his administration seeks to build international support for more aggressively confronting the rogue nation, whose escalating nuclear and ballistic missile capabilities have reached what U.S. officials consider a crisis point.
The new penalties seek to leverage the dominance of the U.S. financial system by forcing nations, foreign companies and individuals to choose whether to do business with the United States or the comparatively tiny economy of North Korea. U.S. officials acknowledged that like other sanctions, these may not deter North Korean leader Kim Jong Un’s drive to threaten the United States with a nuclear weapon, but is aimed at slowing him down.
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WNU Editor: These sanctions appear to be biting .... Market Prices in North Korea Rise Sharply After Recent Sanctions and Tensions (The Diplomat). MOre here .... Evidence Emerging That New Sanctions on North Korea Are Working (Epoch Times).
Update: This is going to hurt .... China's central bank tells banks to stop doing business with North Korea: sources (Reuters). More here .... REPORT: China tells its banks to stop doing business with North Korea (Business Insider).
More News On The U.S. Imposing New Sanctions On North Korea
Trump orders new sanctions against North Korea, Kim calls him 'deranged' -- Reuters
President Trump Just Hit North Korea With New Sanctions -- Time
Trump Imposes New Trade Sanctions on North Korea -- VOA
Trump Slaps Sanctions on N. Korea, Seeks ‘Denuclearization’ -- NBC
Trump announces new executive order targeting those who trade with North Korea -- CBS
North Korea: Trump signs new order to widen sanctions -- BBC
Trump announces more sanctions against North Korea for its nuclear buildup -- Los Angeles Times
5 things to know about Trump's new North Korea sanctions -- The Hill
