November 21, 2017

U.S. sanctions 13 Chinese and North Korean organizations

Featuring: Peter Harrell

Source: Reuters

Journalist: Joel Schectman

WASHINGTON (Reuters) - The United States on Tuesday imposed sanctions on 13 Chinese and North Korean organizations Washington accused of helping evade nuclear restrictions against Pyongyang and supporting the country through trade of commodities like coal.

The U.S. Treasury announced the action one day after President Donald Trump put North Korea back on a list of state sponsors of terrorism, on its website.

The new curbs show the Trump administration’s focus on hurting trade between China and North Korea, which it sees as key to deterring Pyongyang from its ambition to develop a nuclear-tipped missile capable of hitting the United States.

Read the full article here.

Author

  • Peter Harrell

    Former Adjunct Senior Fellow, Energy, Economics and Security Program

    Peter Harrell is a former adjunct senior fellow at the Center for a New American Security. He is a leading expert on U.S. economic statecraft, including sanctions, export cont...