HEADLINE Trump issues new round of sanctions against North Korea

HEADLINE

Trump issues new round of sanctions against North Korea

By Gao Shi | People's Daily app

08:33, February 24, 2018

president-donald-trump-speaks_efc50692-e2dc-11e6-95da-c88e93771820.jpg

Washington (People's Daily) - US President Donald Trump announced the heaviest-ever sanctions against North Korea during his speech at the Conservative Political Action Conference (CPAC) annual meeting Friday morning.

US Treasury Department also announced new sanctions targeting one individual, 27 entities, and 28 vessels connected with North Korea.

Trump rolled out with the sanctions toward the end of his speech and said, "We imposed today the heaviest sanctions ever imposed on a country before. Hopefully, something positive can happen."

Following Trump’s CPAC address, US Treasury Secretary Steven Mnuchin released a statement, pointing out that the sanctions were designed to cut off revenue sources and fuel used to boost North Korea’s nuclear weapons program and military defense.

“Treasury Department is aggressively targeting all illicit avenues used by North Korea to evade sanctions, including taking decisive action to block the vessels, shipping companies, and entities across the globe that work on North Korea’s behalf,” Mnuchin said.

The White House administration released an advisory warning of sanctions risks for those who enable the shipment of goods to and from North Korea.


Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue