Trump Slaps New Economic Sanctions on North Korea

Trump Slaps New Economic Sanctions on North Korea


On the final day of the General Assembly’s meeting at the United Nations in New York, Trump has come out swinging with even more sanctions against North Korea.

President Donald Trump has taken a hardline stance, further, on slapping North Korea with more and more economic sanctions intended to curtail Kim Jong Un’s nuclear ambitions.

“North Korea’s nuclear program is a grave threat to peace and security in our world, and it is unacceptable that others financially support this criminal, rogue regime,” Trump said at a press conference after a meeting with other leaders of friendly Northeast Asian countries like South Korea and Japan.

Trump is giving, even more, discretion and power to U.S. Treasury Secretary Steve Mnuchin to target any foreign financial institution doing business with North Korea-based entities or the government itself. Ultimately, the overall intentions are intended to cut off–even more–international trade and financing sources for the rogue state’s nuclear weapons and missile development programs.

“For much too long, North Korea has been allowed to abuse the international financial system to provide funding,” Trump said further, via coverage on the sanctions from the Washington Post.

Reportedly, Chinese President Xi Jinping also ordered banks within China to end all business and related activities with any North Korean entities. Trump lauded this move by Xi and characterized it as “very bold” and “somewhat unexpected.”

The news of the new Treasury Department sanctions against North Korea follows a flamboyant performance from Trump in his first address to the General Assembly in his capacity as president of the United States.

In the speech, Trump assured that North Korea would be a target of military action if “Rocket Man” doesn’t heed the warnings to stop the development of nuclear armaments. Rocket Man, being Kim Jong Un, and his surrogates at the UN didn’t take kindly to the threats. Allegedly, the UN envoy for North Korea left the room of the General Assembly after Trump made his aggressive remarks in front of the world’s nations.

Weeks prior, the United Nations Security Council–at the urging of American UN Ambassador Nikki Haley–unanimously passed another round of international sanctions, as well.

The situation on the Korean peninsula continues to deterioirate as the Kim Jong Un government persists with its nuclear testing despite international pressure and Trump’s build-up of American military force in the South.

(H/T: The Washington Post)

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