New US executive order to target foreign banks doing business with North Korea – Trump

“I am announcing a new executive order to sign that significantly expands authorities to target individuals, companies, financial institutions that finance and facilitate trade with North Korea,” Trump said.

“Our new executive order will cut off sources of revenue that fund North Korea’s efforts to develop the deadliest weapons known to humankind,” he told reporters.

Trump also said that China’s Central Bank had ordered other Chinese banks to stop doing business with North Korea.

During the announcement on Thursday, Trump was asked by reporters if dialogue was still possible with Pyongyang, and he replied “Why not?”

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RT America

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