Reuters: Report: Trump weighing sanctions against North Korea
The Trump administration is considering sweeping sanctions aimed at cutting North Korea off from the global financial system as part of a broad review of measures to counter Pyongyang's nuclear and missile threat, a senior U.S. official said on Monday.
The sanctions would be part of a multi-pronged approach of increased economic and diplomatic pressure – especially on Chinese banks and firms that do the most business with North Korea – plus beefed-up defenses by the United States and its South Korean and Japanese allies, according to the administration official familiar with the deliberations.
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WNU Editor: If the U.S. wants to have an impact on North Korea .... the only way will be sanction Chinese individuals, firms and banks that do business with North Korea, this includes all companies that do business directly with north Korea, and their affiliates and companies that do business with them. Not surprising .... the Chinese are now communicating their expectations that this is going to happen .... Chinese firms should plan for sanction risks amid US talk against North Korea (Global Times)
Update: North Korea's government is saying that they are not afraid .... Exclusive: North Korea has no fear of U.S. sanctions move, will pursue nuclear arms - envoy (Reuters).
More News On Reports That The U.S. Is Considering Imposing Sweeping Sanctions On North Korea
Report: Trump weighing sanctions against North Korea -- The Hill
White House reportedly considering economic sanctions on North Korea -- FOX News
Do Sanctions Work? North Korea Nuclear Threat Could Be Punished By Trump Administration -- International Business Times