President Trump Responds to North Korea With New Sanctions
On Thursday, in response to Pyongyang’s renegade nuclear program, President Trump signed an executive order announcing new sanctions on North Korea. In that mandate, he ordered new economic threat against any bank or company doing business with North Korea. Trump is demanding that financial institutions decide whether it wants to do business with the United States or North Korea. According to Steven Mnuchin, Treasury Secretary, the option to facilitate trade or finance with both countries is over.
The order also allows the Treasury Department to freeze the assets of companies that support North Korea’s textile, fishing, IT and manufacturing industries. In addition, it blocks aircraft and ships that have visited North Korea from stopping in the U.S. for 180 days.
Bruce Klinger, a former CIA analyst on North Korea and an expert at the Heritage Foundation, said North Korea already has the ability to … Click HERE to continue reading
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