Eunjung Cho, Jenny Lee
WASHINGTON — The latest executive order signed by President Donald Trump would, in effect, amount to a full trade and financial embargo, squeezing all the revenue channels North Korea maintains to finance its weapons programs, a former senior counterterrorism official said.
On Sept. 21, less than two weeks after the U.N. Security Council approved new sanctions, Trump turned up the heat on the Kim Jong Un regime with an executive order that widens U.S. authority to sanction any bank and company that finance or facilitate trade with the communist country or any individual involved in the North Korean industries, ports and trade.
“To prevent sanctions evasion, the order also includes measures designed to disrupt critical North Korean shipping and trade networks,” said Trump, in reference to a 180-day ban on ships that have visited North Korea or have been involved in a ship-to-ship transfer with a vessel that has visited North Korea from entering the United States. “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.”


















