Trump Announces New Executive Order Targeting Those Who Trade with North Korea

EXCERPT:

TRUMP: “...a new executive order I just signed that significantly expands our authorities to target individuals, companies, financial institutions that finance and facilitate trade with North Korea. As I outlined at my address to the United Nations General Assembly, North Korea’s nuclear weapons and missile development is a grave threat to peace and security in our world, and it is unacceptable that others financially support this criminal rogue regime. The brutal North Korean regime does not respect its own citizens or the sovereignty of other nations. Our new executive order will cut off sources of revenue that fund North Korea’s efforts to develop the deadliest weapons known to humankind. The order enhances the Treasury Department’s authorities to target any individual or entity that conducts significant trade in goods, services or technology with North Korea, and I’m very proud to tell you that, as you may have just heard moments ago, China, their central bank, has told their other banks — that’s a massive banking system — to immediately stop doing business with North Korea."