A new order signed by President Donald Trump will significantly expand existing sanctions on North Korea by enhancing the Department of the Treasury’s ability to “target any individual or entity that conducts significant trade in goods, services, or technology with North Korea.”
“The new executive order will cut off sources of revenue that fund North Korea’s efforts to develop the deadliest weapons known to humankind,” the president introduced at a press conference.
“For much too long, North Korea has been allowed to abuse the international financial system to facilitate funding for its nuclear weapons and missile programs,” the president told reporters. “The United States has had representatives working on this problem for over 25 years, and they have done nothing.”
“That is why we are in the problem that we are in today, in addition to, frankly, other countries not doing what they should have done,” he added.
Stating further on the matter, Presiden Trump said that the tolerance endured thus far must end now.
Given this, the Department of the Treasury can now sanction foreign banks that knowingly do business with Kim’s regime. “Foreign banks will face a clear choice: do business with the United States or facilitate trade with the lawless regime in North Korea,” Trump said.
“It is unacceptable that others financially support this criminal rogue regime,” he said. President Trump also made sure to stress that this order only targets North Korea and no other country.
Moves like this and others are stemming from the most recent hydrogen bomb test conducted by the rogue nation just earlier this month. Given its outward success of a staged thermonuclear device, Hwasong now has 14 very power ICBM’s that can easily target a good portion of the United States. And while the nation is known for b.s. and posturing there is evidence that shows this may be the real deal as seismic data was recorded which resembled a 6.3 magnitude earthquake.
